CrossFirst Bankshares, Inc. Reports Revised Fourth Quarter & Full-Year 2019 Results
CrossFirst Bankshares, Inc. (CFB)
Last crossfirst bankshares, inc. earnings: 4/23 04:01 pm
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Source: GlobeNewswire
LEAWOOD, Kan., Feb. 24, 2020 (GLOBE NEWSWIRE) -- CrossFirst Bankshares, Inc. (Nasdaq: CFB), the bank holding company for CrossFirst Bank, announced that it has revised its preliminary financial results for fourth quarter and full year 2019, which were previously reported on January 23, 2020. In connection with the preparation and review of its 2019 financial statements, the Company has concluded it is necessary to record an additional loan loss provision of $16 million for fourth quarter 2019. The need for additional provision was determined through the Company's internal monitoring processes for reviewing problem credits and resulted from new information obtained in the first quarter of 2020. The additional provision is based on information obtained subsequent to preliminary results on January 23rd and related to the previously disclosed large nonperforming asset. The Company recorded the additional provision as a result of recent deterioration in the borrower's business and th
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CFB
Earnings
- 10/22/24 - Beat
CFB
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form DEFM14A
- 11/8/24 - Form 4
- CFB's page on the SEC website