Welcome to our dedicated page for Crossfirst Bankshares news (Ticker: CFB), a resource for investors and traders seeking the latest updates and insights on Crossfirst Bankshares stock.
CrossFirst Bankshares, Inc. (CFB) delivers relationship-driven banking solutions for businesses and individuals across regional markets. This news hub provides investors and stakeholders with timely updates on strategic developments, financial performance, and operational milestones.
Access official press releases covering quarterly earnings, leadership appointments, product innovations, and community initiatives. Our curated collection ensures transparent tracking of CFB's growth in commercial banking and wealth management sectors.
Key updates include regulatory filings, merger/acquisition activity, and technology implementations that enhance client services. Bookmark this page for direct access to verified information from CrossFirst Bankshares' corporate communications team.
CrossFirst Bankshares, Inc. (NASDAQ: CFB) announced a definitive merger agreement with Canyon Bancorporation, Inc., aiming to enhance its presence in Arizona. The transaction involves merging Canyon with CrossFirst and Canyon's bank, Canyon Community Bank, into CrossFirst Bank. Canyon Bank, as of March 31, 2023, reported total loans of $122 million and deposits of $169 million, operating from Tucson, Arizona. The merger, valued at an estimated $15.1 million, will provide Canyon Bank's clients access to a wider range of banking products. This strategic move is expected to assist CrossFirst in expanding its footprint in Arizona's second largest metropolitan area. The merger is subject to regulatory approvals and customary closing conditions, with expectations of completion in the second half of 2023.
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