|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||116.25 - 117.62|
|52 Week Range||81.09 - 121.66|
|PE Ratio (TTM)||21.19|
|Forward Dividend & Yield||2.28 (2.02%)|
|1y Target Est||N/A|
First-quarter commercial and industrial lending portfolios shrank at some San Antonio-area banks while others saw double-digit growth in that category.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said T-Mobile Us Inc (NASDAQ: TMUS ) is a buy at $55. Cramer isn't a buyer of Skechers USA Inc (NYSE: SKX ). It reported a bad quarter. Cramer ...
Conventional wisdom says that insiders and 10-percent owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. A director of DDR Corp (NYSE: DDR) has been buying shares of this shopping center-focused real estate investment trust since February, including this past week's more than 1.9 million shares. Note that the latest purchases brought his stake to more than 55.47 million shares out of about 340 million shares outstanding.
Frost Bank's parent company leader told the Business Journal that the company continues its focus on smaller, more diverse loans for its growing portfolio, which was a factor for its double-digit profit increase this quarter.
The bank is focused on staying independent and carving its own path in a market as more facets of banking lean toward decisions based on price, rather than relationships.
Over the past 10 years Cullen/Frost Bankers Inc (NYSE:CFR) has returned an average of 3.00% per year from dividend payouts. The company is currently worth US$6.94B, and now yields roughlyRead More...
The San Antonio-based financial institution's board of directors approved single-digit pay hikes for its top executives in 2018 — here's which one was rewarded the most generously for his base salary increase.
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. Shipments of Swiss watches rose by 12.9 percent year-on-year in February, according to the Swiss watch industry federation, a tad better than a month earlier - helped in part by a weak performance last February - and confirmed optimism for 2018 from major watchmakers such as Swatch Group. Swiss watchmakers are emerging from a downturn after sales to China crashed following a corruption crackdown in 2012.
Frost Bank, the subsidiary of San Antonio-based Cullen/Frost Bankers Inc., had its commercial lockbox cybersecurity breached, the company announced. The now-quarantined slice of the computer infrastructure used by the bank was accessed by an unauthorized user, the bank told its customers and investors late Friday afternoon. The software tool involved enables customers to scan and upload documents to the bank in a digital commercial lockbox service, and the digital image archives associated with that tool may have been compromised.
The software breach has been contained, and the unauthorized user has been locked out of the system, according to the bank.
Pricing bank stocks such as CFR is particularly challenging. Given that these companies adhere to a different set of rules relative to other companies, their cash flows should also beRead More...
Cullen/Frost Bankers Inc (CFRpA.PFD) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Cullen/Frost Bankers (CFR) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Cullen/Frost Bankers Inc. continues to diversify its loan portfolio beyond the energy industry and is seeing some traction in consumer lending — a notable shift for a well-known commercial lending financial institution. Cullen/Frost Bankers had net income of $98.5 million during fourth quarter 2017, up from $81 million about a year ago, which is a 20 percent increase. Frost Bank underwrote $13.1 billion in loans during fourth quarter 2017, up from $11.9 billion in fourth quarter 2016.
Two longtime board members at Cullen/Frost Bankers Inc., the parent company of Frost Bank headquartered in San Antonio, are leaving the board. Ruben Escobedo, former senior partner of Ruben Escobedo & Co. CPAs, and R. Denny Alexander, a founder of Overton Bank and Trust, told Cullen/Frost (CFR) management on Jan. 24 that they will not run for re-election this year. Escobedo has been on Cullen/Frost's board since 1994 and was a member of the company's audit committee, among other roles.
Two new executives will join Cullen/Frost Bankers Inc.'s top management team as others retire, the parent company of Frost Bank announced a few hours after sharing its year-end financial results with investors. James Waters, a partner at Haynes and Boone LLP law firm in Dallas, was hired as the group executive vice president and general counsel. Cullen/Frost said in a statement that Waters "demonstrated a high level of success as a world-class corporate lawyer" during his tenure at the North Texas firm.
Jim Cramer gets the latest on the Texas economy from regional bank Cullen/Frost Bankers Chairman and CEO Phillip Green.