CFR Stock Recent News

Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $2.47 per share a year ago.

Board increases quarterly common dividend by 3.3 percent to $0.95 SAN ANTONIO , July 25, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported second quarter 2024 results. Net income available to common shareholders for the second quarter of 2024 was $143.8 million compared to $160.4 million for the second quarter of 2023.

Cullen/Frost (CFR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cullen/Frost (CFR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

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 , July 8, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, July 25, 2024 to discuss second quarter 2024 earnings. Earnings Release :  The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m.

SAN ANTONIO , July 1, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) announced today that Jerry Salinas, group executive vice president & chief financial officer of Cullen/Frost and Frost Bank, has decided to retire at the end of 2024. Salinas has worked at Frost since 1986 in several positions, including being named bank and corporate controller in 1989 and treasurer in 1997.

Cullen/Frost's (CFR) strong balance sheet position and solid net interest income are positives. Escalating costs are likely to impede growth.

Texas regional bank Cullen/Frost Bankers has underperformed the SPDR S&P Regional Banking ETF in the past three months. CFR trades at a higher price to book value and P/E ratio compared to the regional bank average. CFR has strong market share in Texas, is well-capitalized, and has conservative loan underwriting, making it an attractive investment.

Cullen/Frost's (CFR) first-quarter earnings beat estimates on the back of higher non-interest income and loan balances. However, lower NII, high expenses and high provisions turn out to be negatives.