Cullen/Frost Bankers (CFR) Tops Q4 EPS by 3c
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Cullen/Frost Reports 4th Quarter And Full Year 2019 Annual Results
January 30, 2020 9:00 AM ESTSAN ANTONIO, Jan. 30, 2020 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported fourth quarter and annual results for 2019. Cullen/Frost reported net income available to common shareholders for the fourth quarter of 2019 of $101.7 million, or $1.60 per diluted common share, compared to $117.2 million, or $1.82 per common diluted share, for the fourth quarter 2018. For the fourth quarter of 2019, returns on average assets and common equity were 1.21 percent and 10.74 percent, respectively, compared to 1.48 percent and 14.85 percent for the same period in 2018.
The company also reported 2019 annual net income available to common shareholders of $435.5... More
