Cullen/Frost Bankers (CFR) Tops Q2 EPS by 5c
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Cullen/Frost Reports Second Quarter Results
July 26, 2018 9:03 AM EDTSAN ANTONIO, July 26, 2018 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported second quarter 2018 results. Net income available to common shareholders for the second quarter of 2018 was $109.3 million, compared to $83.5 million in the second quarter of 2017, representing an increase of 31 percent. On a per-share basis, net income available to common shareholders for the second quarter of 2018 was $1.68 per diluted common share, compared to $1.29 per diluted common share reported a year earlier. Returns on average assets and average common equity were 1.43 percent and 14.03 percent, respectively, for the second quarter of 2018 compared to... More
