The upcoming earnings report for Cullen/Frost Bankers, Inc. (CFR) is scheduled for Wednesday, April 29th. Analysts anticipate an earnings per share (EPS) of $2.45.
Currently, CFR is priced at $143.92, showing a modest increase of 36 cents (0.251%) from the previous close. Trading volume stands at $144,557, representing a 26.24% increase compared to the average.
The latest quarterly earnings for CFR were reported on Wednesday, January 28th, with an EPS of 2.47. Further details on the revenue and earnings call summary are awaited.
CFR offers a forward dividend yield of 2.78%. The company distributed dividends of $one per share in the most recent quarter, marking a year-over-year increase of 5.615 cents.
The company's cash flow indicates positive trends with a net change in cash of $933.82 million. Notable figures include free cash flow of $138.22 million and debt repayment of $50.89 million.
CFR reported a net income of $166.25 million, resulting in an EPS of $2.59. The gross profit margin stands at 76.37%, with operating income reaching $197.98 million.
Key ratios for CFR include a net profit margin of 22.29%, return on equity of 3.64%, and a price-to-earnings ratio of 12.11.
The balance sheet reveals a strong financial position with total assets of $53 billion, total liabilities of $48.47 billion, and net debt standing at -$4 billion.
This real-time financial report provides insights into CFR's earnings expectations, performance, and financial health.
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 171 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; and holds securities for investment purposes, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 157 financial centers and 1,650 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.