Earnings
Cullen/Frost Equity Falls To $4.0 Billion As Bond Losses Swamp A $180 Million Quarterly Profit
Book value per share fell to $61.70 from $72.04 as unrealized securities losses grew, while the bank kept buying back stock.
CFR
Cullen/Frost Bankers (CFR) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Frost Says Customers Fleeing Merging Banks Lifted New Relationships 73%, And It Will Cut Prices To Win
CEO Phil Green says rivals are loosening loan structure, and Frost is "willing to compete on price" as its loan pipeline hits a record $2.5 billion.
SEC Filings
Cullen/Frost Will Leave The NYSE For The Texas Stock Exchange On November 12
The San Antonio bank plans to move its common and preferred listings and keep its CFR and CFR.PrB symbols.
Earnings
Cullen/Frost Loans Grow 9.0% To $23.4 Billion As Nonaccrual Loans Drop To $63.7 Million
The Texas bank earned $2.84 a share in the third quarter, with average loans up 9.0% from a year earlier.