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

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$103.60 +2.14 (+2.11 %)
(As of 04/24/2019 04:43 AM ET)
Previous Close$101.46
Today's Range$100.49 - $103.68
52-Week Range$81.87 - $121.66
Volume282,000 shs
Average Volume298,164 shs
Market Capitalization$6.53 billion
P/E Ratio15.01
Dividend Yield2.64%
Beta1.38
Cullen/Frost Bankers, Inc. operates as the 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 194 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; holds securities for investment purposes; and provides loans to qualified borrowers, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 131 financial centers and 1,200 ATMs. The company serves the 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
CIK39263
Webwww.frostbank.com
Phone210-220-4011

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.64
Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio15.01
Forward P/E Ratio14.57
P/E Growth1.52

Sales & Book Value

Annual Sales$1.40 billion
Price / Sales4.66
Cash Flow$9.4872 per share
Price / Cash Flow10.92
Book Value$51.19 per share
Price / Book2.02

Profitability

EPS (Most Recent Fiscal Year)$6.90
Net Income$454.91 million
Net Margins32.44%
Return on Equity14.38%
Return on Assets1.45%

Miscellaneous

Employees4,370
Outstanding Shares63,063,000
Market Cap$6.53 billion
Next Earnings Date4/25/2019 (Confirmed)
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 Friday, February 1st. Stockholders of record on Thursday, February 28th will be given a dividend of $0.67 per share on Friday, March 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend is Wednesday, February 27th. 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 repurchase program on Thursday, October 26th 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 2.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced its quarterly earnings results on Thursday, January, 31st. The bank reported $1.82 earnings per share for the quarter, beating analysts' consensus estimates of $1.75 by $0.07. The bank had revenue of $360.93 million for the quarter, compared to analyst estimates of $344.18 million. Cullen/Frost Bankers had a return on equity of 14.38% and a net margin of 32.44%. 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, April 25th 2019. View Earnings Estimates for Cullen/Frost Bankers.

How can I listen to Cullen/Frost Bankers' earnings call?

Cullen/Frost Bankers will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8009446430.

What price target have analysts set for CFR?

8 brokers have issued twelve-month price objectives for Cullen/Frost Bankers' shares. Their predictions range from $96.00 to $125.00. On average, they expect Cullen/Frost Bankers' share price to reach $108.6250 in the next year. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Cullen/Frost Bankers.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 1 sell rating, 5 hold ratings and 2 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 three months. Further, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in all the trailing four quarters. The company’s fourth-quarter results reflected top-line strength, aided by rising loans and deposits, along with lower provisions. However, high expenses and lower fee income were major drags. Although with a rising interest-rate environment and improving non-interest bearing deposits, the company's net interest income and net interest margin are likely to grow, the company’s significant exposure to real estate in its loan portfolio remains a concern. Further, rising costs, mainly resulting from expanding franchise, are likely to deter bottom-line growth." (2/12/2019)
  • 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?

Headlines about CFR stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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

What other stocks do shareholders of Cullen/Frost Bankers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Alibaba Group (BABA), Verizon Communications (VZ), Lam Research (LRCX), NVIDIA (NVDA), Boeing (BA), Baxter International (BAX), Applied Materials (AMAT), Amgen (AMGN), Broadcom (AVGO) and Cisco Systems (CSCO).

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the folowing people:
  • Mr. Phillip D. Green, Chairman & CEO (Age 64)
  • Mr. Paul H. Bracher, Pres (Age 62)
  • Mr. Jerry Salinas, Group Exec. VP & CFO (Age 60)
  • Mr. William L. Perotti, Group Exec. VP & Chief Credit Officer (Age 61)
  • Mr. Michael E. Russell, Group Exec. VP & COO (Age 62)

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.28%), Deprince Race & Zollo Inc. (0.26%), Retirement Systems of Alabama (0.25%), Bartlett & Co. LLC (0.23%), Lathrop Investment Management Corp (0.20%) and Callahan Advisors LLC (0.08%). Company insiders that own Cullen/Frost Bankers stock include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Cynthia Jane Comparin, Gary C Mcknight, Graham M Weston, Jerry Salinas, Jimmy Stead, Paul Bracher, R Denny Alexander, Samuel G Dawson and William L Perotti. View Institutional Ownership Trends for Cullen/Frost Bankers.

Which major investors are selling Cullen/Frost Bankers stock?

CFR stock was sold by a variety of institutional investors in the last quarter, including Lathrop Investment Management Corp, Nisa Investment Advisors LLC, Meeder Asset Management Inc., Bartlett & Co. LLC, South Texas Money Management Ltd., Neville Rodie & Shaw Inc., BB&T Corp and Spence Asset Management. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Bobby Berman, Carol Jean Severyn and Jimmy Stead. View Insider Buying and Selling for Cullen/Frost Bankers.

Which major investors are buying Cullen/Frost Bankers stock?

CFR stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Deprince Race & Zollo Inc., Retirement Systems of Alabama, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, Callahan Advisors LLC, Vigilant Capital Management LLC and Trinity Legacy Partners LLC. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Carlos Alvarez, Cynthia Jane Comparin, 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 $103.60.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $6.53 billion and generates $1.40 billion in revenue each year. The bank earns $454.91 million in net income (profit) each year or $6.90 on an earnings per share basis. Cullen/Frost Bankers employs 4,370 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:  285 (Vote Outperform)
Underperform Votes:  736 (Vote Underperform)
Total Votes:  1,021
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 4/24/2019 by MarketBeat.com Staff

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