UPDATE: Cullen/Frost Bankers (CFR) Tops Q1 EPS by 1c (Correction)
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Cullen/Frost Reports Strong First Quarter Results
April 29, 2015 9:00 AM EDTSAN ANTONIO, April 29, 2015 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported strong first quarter 2015 results, including significant growth in net income, loans and deposits.
Cullen/Frost's net income available to common shareholders for the first quarter of 2015 rose to $70.1 million, an increase of 18.6 percent, or $11.0 million, over first quarter 2014 earnings of $59.2 million. On a per-share basis, net income was $1.10 per diluted common share, compared to $0.96 per diluted common share reported a year earlier. Returns on average assets and common... More
