Cullen/Frost Bankers (CFR) Tops Q2 EPS by 24c

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Cullen/Frost Reports Second Quarter Results

July 29, 2021 9:00 AM EDT

SAN ANTONIO, July 29, 2021 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported second quarter 2021 results. Net income available to common shareholders for the second quarter of 2021 was $116.4 million, compared to $93.1 million in the second quarter of 2020. On a per-share basis, net income available to common shareholders for the second quarter of 2021 was $1.80 per diluted common share, compared to $1.47 per diluted common share reported a year earlier. Returns on average assets and average common equity were 1.02 percent and 11.18 percent, respectively, for the second quarter of 2021 compared to 0.99 percent and 9.60... More