CrossFirst Bankshares (CFB) Financials

The income statement for CrossFirst Bankshares Inc (CFB) provides a snapshot of the company's financial performance over a specific period. It shows the revenue generated through its operations and deducts the expenses to determine the net income. In recent years, CFB has reported steady growth in its total revenue, indicating a strong business performance. The gross profit, which is the revenue minus the cost of goods sold, has also seen an upward trend, further reflecting the company's profitability.

EBIT, or Earnings Before Interest and Taxes, is a key financial metric for CFB. It measures the company's operating profitability by excluding the interest and tax expenses from the net income. EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, provides a broader view of CFB's profitability by considering additional non-cash expenses. These metrics help investors and analysts assess the operating efficiency and financial health of the company.

The balance sheet of CrossFirst Bankshares Inc (CFB) presents a snapshot of its financial position at a given point in time. It lists the company's assets, liabilities, and stockholders' equity. The total assets represent the resources owned by CFB, including cash equivalents, investments, and property. On the other hand, the total liabilities include loans, debts, and other obligations the company owes. The difference between the total assets and total liabilities is the stockholders' equity, which is the net worth of the company.

CFB's cash flow statement provides an overview of the company's cash inflows and outflows over a specific period. It includes operating, investing, and financing activities. The operating cash flow reflects the cash generated from normal business operations, while the investing cash flow represents the cash used for investments in assets and other financial instruments. The financing cash flow includes the cash received or paid for debt financing, equity issuances, and dividend payments. By analyzing the cash flow statement, investors can assess the company's ability to generate cash, invest in growth opportunities, and fulfill its financial obligations.

In summary, CrossFirst Bankshares Inc (CFB) has demonstrated positive financial performance in recent years, with steady growth in total revenue, gross profit, and net income. The company's strong balance sheet and healthy cash flow position it well for future growth and stability.