Cullen/Frost: 2Q Earnings Snapshot
SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported second-quarter earnings of $111.6 million.
The San Antonio-based bank said it had earnings of $1.72 per share.
The results matched Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $1.72 per share.
Cullen/Frost shares have increased 9% since the beginning of the year. The stock has dropped 16% in the last 12 months.