CFR Stock Recent News

Cullen/Frost (CFR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SAN ANTONIO , Oct. 4, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, October 31, 2024 to discuss third quarter 2024 earnings. Earnings Release : The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The Swatch Group (UHR) and Richemont (CFR)) share prices have crashed hard in the past few months as investors dump luxury goods companies. Richemont stock was trading at CHF 120, down by over 23% from its highest point this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Shares of Texas-based Cullen/Frost have been a bit mixed since my opening piece, underperforming regional banks, albeit still delivering a 15% total return. Funding cost pressure continues to ease up, though flat earning-asset balances and elevated expenses continue to weigh on earnings. These shares look attractive at 13x EPS, with Frost's exclusive Texan footprint and expansion into new markets able to deliver more than enough growth to justify this.

Cullen/Frost's (CFR) second-quarter earnings beat estimates on the back of higher NII, fee income and loan balance. However, rising expenses alongside high credit loss expenses remain woes.

Cullen/Frost Bankers, Inc. (CFR) Q2 2024 Earnings Conference Call July 25, 2024 2:00 PM ET Company Participants A.B. Mendez - Senior Vice President & Director of Investor Relations Phil Green - Chairman & Chief Executive Officer Dan Geddes - San Antonio Region President Jerry Salinas - Group Executive Vice President & Chief Financial Officer Conference Call Participants Steven Alexopoulos - JPMorgan Dave Rochester - Compass Point Ebrahim Poonawala - Bank of America Peter Winter - D.A.

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While the top- and bottom-line numbers for Cullen/Frost (CFR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.