Cullen/Frost: Q1 Earnings Snapshot
SAN ANTONIO (AP) — SAN ANTONIO (AP) — Cullen/Frost Bankers Inc. (CFR) on Thursday reported first-quarter profit of $150.9 million.
The San Antonio-based bank said it had earnings of $2.30 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
Cullen/Frost shares have declined 13% since the beginning of the year. The stock has risen 12% 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