CFR Stock Recent News
CFR LATEST HEADLINES
Cullen/Frost Bankers, the parent company of Frost Bank, is given a hold/neutral rating today. Positives are strong financial condition, net interest margin benefiting from macro effect of rate hikes, and dividend growth. Headwinds are overvaluation on P/E and P/B ratios.
Cullen/Frost Bankers, the parent company of Frost Bank, is a conservatively managed regional bank focused solely on the Texas economy. Despite facing headwinds like rising deposit costs and exposure to commercial real estate, CFR's high customer satisfaction, strong financial management, and the robust Texas economy make it an attractive investment. With a 3.2% dividend yield, 29-year record of consecutive dividend growth, and a P/E ratio of 11.5x, CFR stock offers potential for both dividend growth and total return investors.
Cullen/Frost (CFR) continues to benefit from higher loans, rising interests and franchise expansion moves. However, deteriorating credit quality and an undiversified loan portfolio are concerning.
The crisis triggered a sector-wide sell-off even though the selling was unwarranted for some bank stocks. Look for stocks that can protect their margins and prove resilient in this difficult funding environment.
Phil Green, chairman and CEO of Frost Bank, joins 'The Exchange' to discuss state of banks strong fundamentals for lenders in Texas, funding pressures on the banking industry, and what's next for regional banks.
Sandy Villere, partner and portfolio manager at Villere & Co., joins 'The Exchange' to discuss opportunities in regional banks and investing in money market accounts.
Cullen/Frost's (CFR) Q1 earnings are favorably impacted by an increase in revenues. An improvement in profitability ratios is a positive.
Cullen/Frost Bankers, Inc. (CFR) Q1 2023 Earnings Call Transcript.
Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.70 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $1.51 per share a year ago.
While the top- and bottom-line numbers for Cullen/Frost (CFR) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.