Cullen/Frost Bankers

Cullen/Frost Bankers, Inc. operates as a bank holding company of Frost Bank, which engages in the provision of commercial and consumer banking services. It operates through the following segments: Banking and Frost Wealth Advisors. The Banking operating segment includes both commercial and consumer banking services and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients and include a wide array of lending and cash management products. Consumer banking services include direct lending and depository services. Frost Insurance Agency provides insurance brokerage services to individuals and businesses covering corporate and personal property and casualty products, as well as group health and life insurance products and human resources consulting services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services. The company was founded by Thomas Claiborne Frost in 1868 and is headquartered in San Antonio, TX.

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Cullen/Frost Bankers posts stellar Q4 earnings, eyes growth opportunities

Cullen/Frost Bankers delivered strong financial performance in Q4 2022, with notable earnings growth and improved profitability metrics.
The bank showcased solid credit quality, successful expansion efforts, and a focus on long-term investments for growth and competitiveness.
Challenges include managing expenses amid expected increases and optimizing the loan-to-deposit ratio in light of deposit dynamics.
Strategies for expense management, revenue optimization, and maintaining a balance between growth and profitability will be crucial for future success.

Cullen/Frost Bankers (CFR) reports robust Q1 earnings and eyes Texas market expansion

Cullen/Frost Bankers delivered stellar financial results, with strong consumer business growth and credit quality. While facing challenges in commercial activity, the bank remains resilient and focused on strategic expansion in Texas markets. Opportunities for growth through branch expansion and structured loan deals are on the horizon.

Cullen/Frost Bankers (CFR) reports robust Q2 earnings and growth opportunities

Cullen/Frost Bankers (CFR) delivered strong financial results, marked by record customer relationships and stable performance metrics.
While facing challenges in deposit trends and specific loan issues, the bank's strategic initiatives and prudent management position it for growth.
Opportunities in optimizing deposits, share repurchases, and branch profitability offer avenues for long-term success and sustained profitability.

Cullen/Frost Bankers (CFR) reports strong Q3 earnings and growth outlook

Cullen/Frost Bankers (CFR) delivered strong financial performance in Q3, driven by robust consumer and commercial banking activities.
While facing challenges in specific sectors and competitive pressures, CFR remains optimistic about future growth opportunities and market expansion.
Strategic initiatives like new branch openings and potential share buybacks signal confidence in long-term growth prospects and commitment to shareholder value.
Overall, CFR's solid balance sheet, positive consumer outlook, and focus on prudent expense management position the bank well for future success.

Cullen/Frost Bankers reports solid Q4 earnings amidst growth opportunities

Cullen/Frost Bankers delivered solid financial performance in Q4 2023, with strong deposit and loan growth, while managing risks effectively.
The company faces challenges in managing deposit costs, potential exposure in the construction portfolio, and increased competition in the Texas market.
Opportunities exist in commercial real estate and mortgage business growth, supported by strategic initiatives and a focus on quality relationships.
Overall, Cullen/Frost Bankers' proactive approach to risk management and growth strategies position them well for the future.

Cullen/Frost Bankers reports solid Q1 earnings amidst growth opportunities

Cullen/Frost Bankers reported solid Q1 earnings despite challenges like a decrease in average deposits and increased problem loans, with a focus on strong organic growth and customer satisfaction.
The bank's performance metrics, including return on assets and equity, remained robust, with opportunities for loan growth exceeding expectations and potential lift in net interest income.
While facing pressures like lower service charges and increased expenses, Cullen/Frost Bankers is well-positioned to navigate challenges and capitalize on growth opportunities in the market.

Cullen/Frost Bankers reports Q2 earnings decline, eyes growth strategies

Cullen/Frost Bankers' Q2 performance reflects a mixed financial picture with some areas of strength and challenges
The bank's organic growth program and consumer real estate lending are notable positives
However, anticipated increases in charge-offs and expenses pose challenges to profitability
Strategic management of growth opportunities and cost control will be key moving forward

Cullen/Frost Bankers reports Q3 earnings decline, eyes market expansion

Cullen/Frost Bankers' Q3 performance reflects mixed results with strong loan growth but lower EPS.
The bank's consumer and commercial businesses showed resilience and growth potential.
Challenges include credit risk management and slight decline in deposit growth.
Opportunities lie in market expansion, fee income growth, and new customer acquisition strategies.

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Cullen/Frost Bankers, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking services. It operates through the Banking and Frost Wealth Advisors segments. The Banking segment involves the operation of commercial and consumer banking services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services. The company was founded by Thomas Clayborne Frost in 1868 and is headquartered in San Antonio, TX.

AUSTIN, Texas , June 27, 2023 /PRNewswire/ -- Frost Bank, a subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026, the company announced today. The company expects the expansion will further strengthen Frost's position in the Austin region, the third-largest deposit market in Texas, where it already ranks fourth in market share with more than $5 billion in deposits.

FROST BANK ANNOUNCES MAJOR EXPANSION IN AUSTIN

SAN ANTONIO , June 22, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) announced today that, after June 30, 2023, three-month CME Term SOFR will be the replacement reference rate for all outstanding junior subordinated deferrable interest debentures issued by Cullen/Frost Bankers, Inc. that use three-month U.S. dollar LIBOR as the reference rate. In accordance with the Adjustable Interest Rate (LIBOR) Act (the "LIBOR Act") and the regulation issued by the Board of Governors of the Federal Reserve System on December 16, 2022 implementing the LIBOR Act, the replacement reference rate for interest calculations for periods with reference rate determination dates occurring after June 30, 2023 will be three-month CME Term SOFR, plus a tenor spread adjustment of 0.26161% per annum (as specified in the LIBOR Act).

CULLEN/FROST ANNOUNCES CME TERM SOFR AS REPLACEMENT REFERENCE RATE FOR OUTSTANDING U.S. DOLLAR LIBOR-LINKED SECURITIES

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 Bankers: Texas Bank With Enviable Balance Sheet Strength And Sustainable Dividend Growth

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.

Cullen/Frost (CFR) Aided by High Interest Rates Amid Cost Woes

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Cullen/Frost's (CFR) Q1 earnings are favorably impacted by an increase in revenues. An improvement in profitability ratios is a positive.

Cullen/Frost (CFR) Gains 6.6% on Q1 Earnings Beat, Revenues Rise

Cullen/Frost Bankers, Inc. (CFR) Q1 2023 Earnings Call Transcript.

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.

Cullen/Frost Bankers (CFR) Surpasses Q1 Earnings and Revenue Estimates

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.

Cullen/Frost (CFR) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Cullen/Frost (CFR) doesn't possess 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 Bankers (CFR) Earnings Expected to Grow: Should You Buy?

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News for Cullen/Frost Bankers Stock (CFR)