CFR Stock Recent News

Investors looking for stocks in the Banks - Southwest sector might want to consider either First Horizon National (FHN) or Cullen/Frost Bankers (CFR). But which of these two stocks presents investors with the better value opportunity right now?

BSX, ENVA and CFR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 10, 2025.

Cullen/Frost has clocked in a good return since my last piece, outperforming the wider regional bank space as well as certain other Texan banks. Frost is still in expansion mode, with new branch openings contributing to relatively high cost growth guidance this year. While the near-term earnings outlook looks soft, these shares have re-rated back toward their historical average valuation marks. Prospective investors can afford to stay on the sidelines here.

Investors interested in stocks from the Banks - Southwest sector have probably already heard of First Horizon National (FHN) and Cullen/Frost Bankers (CFR). But which of these two stocks offers value investors a better bang for their buck right now?

CFR's fourth-quarter 2024 results benefit from increased NII and non-interest income. A decline in expenses is an added advantage.

Cullen/Frost Bankers, Inc. (CFR) Q4 2024 Earnings Conference Call January 30, 2024 2:00 PM ET Company Participants A.B. Mendez - SVP, Director of IR Phillip Green - Chairman and CEO Jerry Salinas - Group EVP, CFO Dan Geddes - Incoming CFO Conference Call Participants Manan Gosalia - Morgan Stanley William Jones - KBW Benjamin Gerlinger - Citi Peter Winter - D.A.

Although the revenue and EPS for Cullen/Frost (CFR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.18 per share a year ago.

Board declares first quarter dividend on common and preferred stock, and authorizes $150 million stock repurchase program SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported fourth quarter and full-year results for 2024. Net income available to common shareholders for the fourth quarter of 2024 was $153.2 million, representing a $52.3 million increase compared to $100.9 million reported for the fourth quarter of 2023.

Cullen/Frost benefits from low funding costs and strong deposit growth, making it a standout among regional banks. CFR's asset sensitivity means it profits more from higher rates, unlike peers who benefit from rate cuts. The bank's expansion in Texas markets has driven significant deposit and loan growth without relying on expensive brokered deposits.