NYSE:CFR - Cullen/Frost Bankers Stock Price, News, & Analysis

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$92.13 -0.89 (-0.96 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$92.13
Today's Range$91.96 - $93.82
52-Week Range$90.02 - $121.66
Volume428,962 shs
Average Volume380,124 shs
Market Capitalization$5.95 billion
P/E Ratio16.90
Dividend Yield2.88%
Beta1.32
Cullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas. The company operates in two segments, Banking and Frost Wealth Advisors. It provides commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction, equipment, inventories and accounts receivable, and acquisition financing; commercial leasing; and treasury management services. The company also offers 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. Its international banking services comprise accepting deposits, making loans, issuing letter of credits, handling foreign collections, transmitting funds, and dealing in foreign exchange. In addition, the company acts as correspondent for approximately 203 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services consisting of sales and trading, new issue underwriting, money market trading, advisory services, and securities safekeeping and clearance; and supports international business activities. Further, it offers insurance and securities brokerage services; holds securities for investment purposes; and provides loans to qualified borrowers, as well as offers investment management services to Frost-managed mutual funds, institutions, and individuals. The company operates approximately 134 financial centers and approximately 1,300 ATMs in Texas. It 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNYSE:CFR
Previous Symbol
CUSIP22989910
Phone210-220-4011

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.63
Quick Ratio0.63

Price-To-Earnings

Trailing P/E Ratio16.90
Forward P/E Ratio13.47
P/E Growth1.43

Sales & Book Value

Annual Sales$1.23 billion
Price / Sales4.79
Cash Flow$7.7681 per share
Price / Cash Flow11.86
Book Value$49.68 per share
Price / Book1.85

Profitability

EPS (Most Recent Fiscal Year)$5.45
Net Income$364.14 million
Net Margins32.11%
Return on Equity13.74%
Return on Assets1.38%

Miscellaneous

Employees4,270
Outstanding Shares63,940,000
Market Cap$5.95 billion
OptionableOptionable

Cullen/Frost Bankers (NYSE:CFR) Frequently Asked Questions

What is Cullen/Frost Bankers' stock symbol?

Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR."

How often does Cullen/Frost Bankers pay dividends? What is the dividend yield for Cullen/Frost Bankers?

Cullen/Frost Bankers declared a quarterly dividend on Thursday, October 25th. Shareholders of record on Friday, November 30th will be given a dividend of $0.67 per share on Friday, December 14th. This represents a $2.68 annualized dividend and a yield of 2.91%. The ex-dividend date is Thursday, November 29th. View Cullen/Frost Bankers' Dividend History.

How will Cullen/Frost Bankers' stock buyback program work?

Cullen/Frost Bankers declared that its Board of Directors has authorized a stock buyback plan on Thursday, October 26th 2017, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) issued its earnings results on Thursday, October, 25th. The bank reported $1.78 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.72 by $0.06. The bank earned $353.34 million during the quarter, compared to the consensus estimate of $337.41 million. Cullen/Frost Bankers had a return on equity of 13.74% and a net margin of 32.11%. During the same quarter in the prior year, the firm earned $1.41 EPS. View Cullen/Frost Bankers' Earnings History.

When is Cullen/Frost Bankers' next earnings date?

Cullen/Frost Bankers is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Cullen/Frost Bankers.

What price target have analysts set for CFR?

10 Wall Street analysts have issued twelve-month price targets for Cullen/Frost Bankers' stock. Their predictions range from $99.00 to $125.00. On average, they expect Cullen/Frost Bankers' share price to reach $113.75 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for Cullen/Frost Bankers.

What is the consensus analysts' recommendation for Cullen/Frost Bankers?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cullen/Frost Bankers.

What are Wall Street analysts saying about Cullen/Frost Bankers stock?

Here are some recent quotes from research analysts about Cullen/Frost Bankers stock:
  • 1. According to Zacks Investment Research, "Shares of Cullen/Frost have outperformed the industry over the past six months. The company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in all the trailing four quarters. The second-quarter 2018 results benefited from higher revenues and loan growth, partially offset by rise in costs. With a rising interest-rate environment and improving non-interest bearing deposits, the company's net interest income and net interest margin are expected to grow. The company's strong liquidity position keeps it well poised for opportunistic expansions. Also, its steady capital-deployment activities reflect robust balance-sheet position. However, the company’s significant exposure to real estate in its loan portfolio and escalating costs, mainly resulting from expanding franchise, are likely to deter bottom-line growth to some extent." (8/3/2018)
  • 2. Maxim Group analysts commented, "1Q18 EPS of $1.61 beat consensus of $1.48, with solid loan growth (1.7% linked-quarter), a 13bp increase in the adjusted NIM, and stable expenses. We are raising our 2018 EPS estimate to $6.45, from $6.25, due to the 1Q18 beat and an improved outlook. Based on our new 2018 EPS estimate, we are raising our price target to $125, from $120. Our new price target equates to 19.4x our new 2018 EPS estimate, which is inline with other best-in-class mid- cap banks." (4/26/2018)

Has Cullen/Frost Bankers been receiving favorable news coverage?

News stories about CFR stock have been trending somewhat positive on Saturday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Who are some of Cullen/Frost Bankers' key competitors?

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the folowing people:
  • Mr. Phillip D. Green, Chairman & CEO (Age 63)
  • Mr. Paul H. Bracher, Pres (Age 61)
  • Mr. Jerry Salinas, Group Exec. VP & CFO (Age 59)
  • Mr. William L. Perotti, Group Exec. VP & Chief Risk Officer of Frost Bank (Age 60)
  • Mr. Michael E. Russell, Group Exec. VP & COO (Age 61)

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (9.33%), Vanguard Group Inc. (9.33%), BlackRock Inc. (8.67%), FMR LLC (3.53%), King Luther Capital Management Corp (3.34%) and Neuberger Berman Group LLC (3.08%). Company insiders that own Cullen/Frost Bankers stock include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Gary C Mcknight, Graham M Weston, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green, R Denny Alexander, Samuel G Dawson and William L Perotti. View Institutional Ownership Trends for Cullen/Frost Bankers.

Which institutional investors are selling Cullen/Frost Bankers stock?

CFR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Marshall Wace North America L.P., Renaissance Technologies LLC, Ledyard National Bank, Neuberger Berman Group LLC, Prudential Financial Inc., SG Americas Securities LLC and King Luther Capital Management Corp. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Annette M Alonzo, Bobby Berman, Gary C Mcknight, Jimmy Stead, Paul Bracher, R Denny Alexander and William L Perotti. View Insider Buying and Selling for Cullen/Frost Bankers.

Which institutional investors are buying Cullen/Frost Bankers stock?

CFR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Vanguard Group Inc, Vanguard Group Inc., Baillie Gifford & Co., Marshall Wace LLP, Allianz Asset Management GmbH and Cornerstone Wealth Management LLC. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Carlos Alvarez, Graham M Weston and Samuel G Dawson. View Insider Buying and Selling for Cullen/Frost Bankers.

How do I buy shares of Cullen/Frost Bankers?

Shares of CFR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cullen/Frost Bankers' stock price today?

One share of CFR stock can currently be purchased for approximately $92.13.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $5.95 billion and generates $1.23 billion in revenue each year. The bank earns $364.14 million in net income (profit) each year or $5.45 on an earnings per share basis. Cullen/Frost Bankers employs 4,270 workers across the globe.

What is Cullen/Frost Bankers' official website?

The official website for Cullen/Frost Bankers is http://www.frostbank.com.

How can I contact Cullen/Frost Bankers?

Cullen/Frost Bankers' mailing address is 100 W HOUSTON ST, SAN ANTONIO TX, 78205. The bank can be reached via phone at 210-220-4011 or via email at [email protected]


MarketBeat Community Rating for Cullen/Frost Bankers (NYSE CFR)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  710 (Vote Underperform)
Total Votes:  987
MarketBeat's community ratings are surveys of what our community members think about Cullen/Frost Bankers and other stocks. Vote "Outperform" if you believe CFR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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