Cullen/Frost Bankers (CFR) Tops Q1 EPS by 34c

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Go back to Cullen/Frost Bankers (CFR) Tops Q1 EPS by 34c

Cullen/Frost Reports First Quarter Results

April 29, 2021 9:00 AM EDT

SAN ANTONIO, April 29, 2021 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported first quarter 2021 results. Net income available to common shareholders for the first quarter of 2021 was $113.9 million, compared to $47.2 million in the first quarter of 2020. On a per-share basis, net income available to common shareholders for the first quarter of 2021 was $1.77 per diluted common share, compared to $0.75 per diluted common share reported a year earlier. Returns on average assets and average common equity were 1.09 percent and 11.13 percent, respectively, for the first quarter of 2021 compared to 0.57 percent and 4.88... More