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Cullen/Frost: Q4 Earnings Snapshot
By AP News - Jan 30, 2025, 09:33 AM ET
Last Updated - Jan 30, 2025, 09:33 AM EST
SAN ANTONIO (AP) — SAN ANTONIO (AP) — Cullen/Frost Bankers Inc. (CFR) on Thursday reported fourth-quarter earnings of $154.9 million.
The bank, based in San Antonio, said it had earnings of $2.36 per share.
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The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
For the year, the company reported profit of $582.5 million, or $8.87 per share. Revenue was reported as $2.15 billion.
Cullen/Frost shares have increased slightly more than 3% since the beginning of the year. The stock has increased 28% in the last 12 months.
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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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