Cullen/Frost Bankers (CFR) Misses Q1 EPS by 54c
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Cullen/Frost Reports First Quarter Results
April 30, 2020 9:00 AM EDTSAN ANTONIO, April 30, 2020 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported first quarter 2020 results. Net income available to common shareholders for the first quarter of 2020 was $47.2 million, compared to $114.5 million in the first quarter of 2019. On a per-share basis, net income available to common shareholders for the first quarter of 2020 was $0.75 per diluted common share, compared to $1.79 per diluted common share reported a year earlier. Returns on average assets and average common equity were 0.57 percent and 4.88 percent, respectively, for the first quarter of 2020 compared to 1.48 percent and 14.08... More
