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Cullen/Frost Bankers, Inc. (CFR)

NYSE - Nasdaq Real Time Price. Currency in USD
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120.23+1.42 (+1.20%)
As of 09:34AM EDT. Market open.
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  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached a 52 Week low at 19.30
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached a 52 Week low at 19.78
  • l
    luckycharmboi2
    This stock is down 20% over the last six months. Supposedly CFR was going to engage in some buy-backs; well, this would be the time! I really thought we'd hit new lows in the low 90s, but now we're trending into the low 80s. Is there no bottom here?
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached an all time low at 19.84
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached an all time low at 19.40
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached an all time low at 18.75
  • L
    Leroy
    Frost is an organization with nearly 50% of its assets in investment securities of very high credit quality. In the fourth quarter of last year, according to the last earnings conference call, management made the foresighted decision to purchase $500 million worth of thirty year US Treasury bonds at yields over 3.00%. As the market moves forward during this Coronavirus period, many banks will experience a contraction in their net interest margins, on the bottom end from the Fed having lowered short term rates to zero and at the other end from loan payment forebearance brought about by businesses that have essentially closed up because of the shutdown. Frost, having such a large percentage of its earning assets invested in securities as opposed to loans, will probably see significantly less interest margin shrinkage and may well emerge as one of the top earning banks of this time period. In that sense, CFR appears to be an extremely good buy at this price level, and it should very likely outperform it’s peers as actual earnings become widely recognized as exceptional.
    Bullish
  • M
    Max Hill
    Frost is a great company with great future prospects. This will ultimately prove to be the bargain of the decade.
    Bullish
  • l
    luckycharmboi2
    How does CFR announce fairly strong earnings, beat estimates by about 4 cents a share, and drop 3%?
  • L
    Leroy
    A prudent investment practice is to buy stock in companies that (a) are in industries that you think have a good financial future (b) are well positioned in that arena, both geographically and financially, and (c) are run by a core management group in whom you can trust to do what’s best for the company and its shareholders. As long as your overall view of the market is positive and all of these three characteristics remain in place you hold the stock. If any of them change you remove the stock from your portfolio. You don’t ever just hang on because you can’t stomach turning a paper loss into a real loss, for that is, by definition “hoping” not investing. Sell out, take your money and move on to something else. You save yourself a lot of heartburn that way.

    CFR, to me, meets all of the requisites for continuing to hold. The outlook for banking is fairly good, they are well position within the industry, and their senior management is both technically superb and of a high moral character. I continue to own CFR because I believe their long term future prospects to be very bright.
    Bullish
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached an all time low at 19.97
  • W
    Willby Dunn
    Well, the dividend is still nice.
    I wonder how Mr. Evans, the previous CEO, is doing.
    He was a great leader. Many employees miss him.
    Bullish
  • Y
    Yahoo Finance Insights
    Cullen/Frost Bankers reached an all time low at 19.85
  • g
    geminidealer
    In light of the BB&T and Sun bank merger it is time for CFR to step up its game either buying or be bought. IMHO USB would be an excellent fit if CFR can not find anyone to buy..
  • P
    Paula
    CFR closing in on a 15 year low..........this is only halfway from the 2008 financial crisis levels. I find it unbelievable CFR is going to break $70, if does this could be $50 in a few weeks.
    No Mgmt in sight!!!!!
  • P
    Paula
    CFR needs to bought out by another bank...........no hope with present management and their "spend strategy". Mid to Low $80's coming soon AGAIN!
  • L
    Leroy
    Gee, $83.24 today. Long cry from $60, eh Paula? Hope you are using this opportunity to lighten up or exit altogether.
  • B
    Blake
    Ain't no one saying anything about how the market is down 3.43% while CFR is green today...
  • P
    Paula
    hmmmmm who was right?
  • L
    Leroy
    Takeaways from conference call on 3Q:2020 earnings: good solid organic growth in both loans and deposits. Energy loans continue to run off and now constitute 9% of the portfolio vs. 15% not that long ago. Duration of new securities is shorter than in previous years. Management taking a 10% pay cut and also cutting back bonuses for execs. Incentive accruals down for 2020 in light of earnings projections vs budget. Problem loans down. Houston expansion coming steadily online and contributing significantly to organic growth. In summary, this is what sound management looks like.
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