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Cullen/Frost Bankers, Inc. (CFR)

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Cullen/Frost Bankers, Inc.

100 West Houston Street
San Antonio, TX 78205
United States
210-220-4011
http://www.frostbank.com

SectorFinancial
IndustryRegional - Southwest Banks
Full Time Employees4,217

Key Executives

NameTitlePayExercisedAge
Mr. Phillip D. GreenChairman & Chief Exec. Officer1.92M155.78k62
Mr. Paul H. BracherPres1.01M294.91k60
Mr. Jerry SalinasGroup Exec. VP & CFO936.72k471.68k58
Mr. William L. PerottiChief Risk Officer of Frost Bank and Group Exec. VP of Frost Bank987.85k480.28k59
Mr. Gary McKnightGroup Exec. VP of Technology & Ops and Group Exec. VP of Technology & Ops - Frost BankN/AN/A44
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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 241 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 136 financial centers and approximately 1,200 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.

Corporate Governance

Cullen/Frost Bankers, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.