Cullen/Frost Bankers (CFR) Tops Q3 EPS by 30c

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Go back to Cullen/Frost Bankers (CFR) Tops Q3 EPS by 30c

Cullen/Frost Reports Third Quarter Results

October 29, 2020 9:00 AM EDT

SAN ANTONIO, Texas, Oct. 29, 2020 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported third quarter 2020 results. Net income available to common shareholders for the third quarter of 2020 was $95.1 million, compared to $109.8 million for the third quarter of 2019. On a per-share basis, net income available to common shareholders for the third quarter of 2020 was $1.50 per diluted common share, compared to $1.73 per diluted common share reported a year earlier. Returns on average assets and average common equity were 0.96 percent and 9.30 percent, respectively, for the third quarter of 2020 compared to 1.35 percent and 11.83... More