Cullen/Frost Bankers (CFR) Tops Q1 EPS by 5c

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Go back to Cullen/Frost Bankers (CFR) Tops Q1 EPS by 5c

Cullen/Frost Reports First Quarter Results

April 25, 2019 9:00 AM EDT

SAN ANTONIO, April 25, 2019 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported first quarter 2019 results. Net income available to common shareholders for the first quarter of 2019 was $114.5 million, compared to $104.5 million in the first quarter of 2018, representing an increase of 9.6 percent. On a per-share basis, net income for the first quarter of 2019 was $1.79 per diluted common share, up 11.2 percent compared to $1.61 per diluted common share reported a year earlier. Returns on average assets and average common equity were 1.48 percent and 14.08 percent, respectively, for the first quarter of 2019 compared to 1.36... More