United Kingdom

Cullen/Frost Bankers Inc (CFR.N)

CFR.N on New York Stock Exchange

20 Mar 2018
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$-0.18 (-0.17%)
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Latest Key Developments (Source: Significant Developments)

Cullen/Frost reports third quarter results
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Cullen/Frost Bankers Inc :Cullen/Frost reports third quarter results.Q3 earnings per share $1.41.Q3 earnings per share view $1.31 -- Thomson Reuters I/B/E/S.Cullen/Frost Bankers Inc - ‍ for Q3 of 2017, net interest income on a taxable-equivalent basis increased 12.2 percent to $264.4 million.Cullen/Frost Bankers Inc - ‍authorizes $150 million stock repurchase program​.  Full Article

Cullen/Frost Q2 earnings $1.11 per share
Wednesday, 27 Jul 2016 

Cullen/Frost Bankers Inc Qtrly Net : Cullen/Frost reports second quarter results . Q2 earnings per share $1.11 . Q2 earnings per share view $1.04 -- Thomson Reuters I/B/E/S . In Q2, Cullen/Frost increased its cash dividend to $.54 per common share . For Q2 of 2016, provision for loan losses was $9.2 million, and net charge-offs were $21.4 million . Company says "Our provision for loan losses has declined by 68 percent from last quarter and our non-performing assets were cut in half" . Cullen/Frost Bankers Inc qtrly net interest income $190.5 million versus $182.8 million . Interest income on taxable equivalent basis totaled $230.2 million, increase of 4.6 percent, compared to $220.1 million . Co says allowance for loan losses as a percentage of total loans was 1.29 percent at June 30, 2016, compared to 0.94 percent at end of Q2 2015 .Non-Performing assets were $89.5 million at end of Q2 2016, compared to $52.4 million at end of Q2 of 2015 and $180.0 million at end of Q1 of 2016.  Full Article


Improving Swiss watch exports to help mood at Basel trade fair

ZURICH A recovery in Swiss watch exports picked up pace in February, data showed on Tuesday, a shot in the arm for brands grappling with how to stay relevant to younger buyers and set to unveil their latest models at a trade show this week.