Cullen/Frost Bankers (CFR) Tops Q4 EPS by 7c

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Go back to Cullen/Frost Bankers (CFR) Tops Q4 EPS by 7c

Cullen/Frost Reports 4th Quarter And 2018 Annual Results

January 31, 2019 9:00 AM EST

SAN ANTONIO, Jan. 31, 2019 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported fourth quarter and annual results for 2018. Cullen/Frost reported net income available to common shareholders for the fourth quarter of 2018 of $117.2 million, or $1.82 per diluted common share, both up 19 percent compared to fourth quarter 2017. For the fourth quarter of 2018, returns on average assets and common equity were 1.48 percent and 14.85 percent, respectively, compared to 1.26 percent and 12.66 percent for the same period in 2017.

The company also reported 2018 annual net income available to common shareholders of $446.9 million, an increase of 25.5 percent... More