CrossFirst Bancshares reports Q4 adjusted EPS 45c, consensus 43c

Reports Q4 revenue $68.9M, consensus $67.5M. Reports Q4 tangible book value per share $14.97. Reports Q4 net charge-offs.10%. Reports Q4 CET1 capital ratio 11%. The company said, “We’re excited to have achieved record earnings for the quarter and the year as we approach the next steps in our transformational merger,” said Mike Maddox, CrossFirst CEO, president and director. “Our team continues to deliver extraordinary service to our customers, and with the receipt of regulatory approval, we are well on our way to joining Busey in a partnership that is an ideal fit for our teams and will allow us to provide even more products, services and expertise to our customers and communities.”