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Cullen/Frost Bankers, Inc. (CFR)

NYSE - Nasdaq Real Time Price. Currency in USD
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67.11+0.61 (+0.92%)
As of 11:50AM EDT. Market open.

Cullen/Frost Bankers, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees4,659

Key Executives

NameTitlePayExercisedYear Born
Mr. Phillip D. GreenChairman & CEO2.22M728.53k1955
Mr. Paul H. BracherPres1.08M352.35k1957
Mr. Jerry SalinasGroup Exec. VP & CFO1.05M604.04k1959
Mr. Patrick B. FrostDirector & Group EVP of Frost Wealth Advisors1.04M408.31k1960
Mr. William L. PerottiGroup Exec. VP & Chief Credit Officer of Frost Bank1.02M315.71k1958
Mr. A. B. Mendez C.F.A., CFADirector of Investor RelationsN/AN/AN/A
Mr. James L. Waters J.D.Group Exec. VP, Gen. Counsel & Corp. Sec.N/AN/A1967
Ms. Carole KilpatrickSr. VP of Private Client Services for Allen Financial CenterN/AN/AN/A
Mr. William J. DiFilippoSr. VP of Management AccountingN/AN/AN/A
Ms. Emily A. SkillmanGroup Exec. VPN/AN/A1945
Amounts are as of December 31, 2019 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 bank 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 184 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 142 financial centers and 1,200 ATMs. The company serves the energy, manufacturing, services, construction, retail, telecommunications, health care, 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 October 6, 2020 is 5. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; Compensation: 1.

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.