Cullen/Frost Bankers: Near-Term Earnings Growth Likely To Be Muted
Cullen/Frost has clocked in a good return since my last piece, outperforming the wider regional bank space as well as certain other Texan banks. Frost is still in expansion mode, with new branch openings contributing to relatively high cost growth guidance this year. While the near-term earnings outlook looks soft, these shares have re-rated back toward their historical average valuation marks. Prospective investors can afford to stay on the sidelines here.
Cullen/Frost Tops on Q4 Earnings on Higher NII & Non-Interest Income
CFR's fourth-quarter 2024 results benefit from increased NII and non-interest income. A decline in expenses is an added advantage.
Cullen/Frost Bankers, Inc. (CFR) Q4 2024 Earnings Call Transcript
Cullen/Frost Bankers, Inc. (CFR) Q4 2024 Earnings Conference Call January 30, 2024 2:00 PM ET Company Participants A.B. Mendez - SVP, Director of IR Phillip Green - Chairman and CEO Jerry Salinas - Group EVP, CFO Dan Geddes - Incoming CFO Conference Call Participants Manan Gosalia - Morgan Stanley William Jones - KBW Benjamin Gerlinger - Citi Peter Winter - D.A.
Cullen/Frost (CFR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Cullen/Frost (CFR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Cullen/Frost Bankers (CFR) Surpasses Q4 Earnings and Revenue Estimates
Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.18 per share a year ago.
Cullen/Frost Bankers: Tailwinds From Texas Growth And Higher Rates
Cullen/Frost benefits from low funding costs and strong deposit growth, making it a standout among regional banks. CFR's asset sensitivity means it profits more from higher rates, unlike peers who benefit from rate cuts. The bank's expansion in Texas markets has driven significant deposit and loan growth without relying on expensive brokered deposits.
Analysts Estimate Cullen/Frost Bankers (CFR) to Report a Decline in Earnings: What to Look Out for
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) Is Up 7.98% in One Week: What You Should Know
Does Cullen/Frost Bankers (CFR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Cullen/Frost (CFR) Upgraded to Buy: Here's Why
Cullen/Frost (CFR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Will Cullen/Frost (CFR) Beat Estimates Again in Its Next Earnings Report?
Cullen/Frost (CFR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Richemont upgraded to Buy from Hold at HSBC
HSBC upgraded Richemont to Buy from Hold with a CHF 155 price target.
Cullen/Frost Q3 Earnings Surpass Estimates, Expenses Rise Y/Y
CFR's third-quarter 2024 results reflect increased non-interest income and NII. Higher expenses act as headwinds.
