Cullen/Frost Bankers (CFR) Tops Q3 EPS by 4c
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Cullen/Frost Reports Third Quarter Results
October 31, 2019 9:00 AM EDTSAN ANTONIO, Oct. 31, 2019 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported third quarter 2019 results. Net income available to common shareholders for the third quarter of 2019 was $109.8 million, compared to $115.8 million in the third quarter of 2018. On a per-share basis, net income available to common shareholders for the third quarter of 2019 was $1.73 per diluted common share, compared to $1.78 per diluted common share reported a year earlier. Returns on average assets and average common equity were 1.35 percent and 11.83 percent, respectively, for the third quarter of 2019 compared to 1.49 percent and 14.40... More
