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Thursday, November 26, 2020
Banking Cullen/Frost: 3Q Earnings Snapshot

Cullen/Frost: 3Q Earnings Snapshot

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SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported third-quarter net income of $95.1 million.

The San Antonio-based bank said it had earnings of $1.50 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

Cullen/Frost shares have decreased 32% since the beginning of the year. The stock has fallen 29% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFR at https://www.zacks.com/ap/CFR

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