Cullen/Frost: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 09:15 AM ET
Last Updated - Dec 16, 2024, 05:47 PM EST
SAN ANTONIO (AP) — SAN ANTONIO (AP) — Cullen/Frost Bankers Inc. (CFR) on Thursday reported third-quarter profit of $146.5 million.
The San Antonio-based bank said it had earnings of $2.24 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share.
Cullen/Frost shares have climbed 20% since the beginning of the year. The stock has climbed 43% in the last 12 months.
