Cullen/Frost Bankers (CFR) Tops Q4 EPS by 6c

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Go back to Cullen/Frost Bankers (CFR) Tops Q4 EPS by 6c

Cullen/Frost Reports 4th Quarter And 2016 Annual Results

January 25, 2017 9:00 AM EST

SAN ANTONIO, Jan. 25, 2017 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported fourth quarter results and annual earnings for 2016. Cullen/Frost reported net income available to common shareholders for the fourth quarter of 2016 of $81.7 million, or $1.28 per diluted common share, compared to fourth quarter 2015 earnings of $56.2 million, or $0.90 per diluted common share. For the fourth quarter of 2016, returns on average assets and common equity were 1.09 percent and 11.03 percent respectively, compared to 0.78 percent and 8.07 percent for the same period in 2015.

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