CrossFirst Bankshares, Inc. Overview
Pro stress-test →CrossFirst Bankshares is a bank holding company for CrossFirst Bank that provides a full suite of financial services to businesses, business owners, professionals and their personal networks through offices in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado and New Mexico. The company achieved record profitability in 2024 and is undergoing a transformational merger.
Strategic Profile
Pro stress-test →As a regional bank, CrossFirst operates by providing deposit and lending products to commercial and consumer clients, offering private banking and commercial banking solutions with focus on commercial loans, real estate loans, and energy loans. The company is being acquired by First Busey Corporation, with shareholders approving the transaction in December 2024 and the holding company merger expected to close on March 1, 2025.
Competitive Landscape
Pro stress-test →CrossFirst operates in the regional banking sector competing with mid-sized community and regional banks across its seven-state footprint. The company faces competition from larger national banks, smaller community banks, and fintech providers. Its strategic merger with First Busey positions the combined entity as a stronger competitor in regional markets.
Industry Context
CrossFirst Bankshares, Inc. operates in Regional Banking and Financial Services.
Key facts
Founded: 2007 · Headquarters: Leawood, Kansas · Employees: N/A · Revenue: N/A · Market cap: N/A