108.47 +0.04 (0.04%)
After hours: 4:03PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||108.02 - 109.57|
|52 Week Range||81.09 - 111.10|
|PE Ratio (TTM)||19.70|
|Earnings Date||Apr 24, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||2.28 (2.10%)|
|1y Target Est||109.29|
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.
SAN ANTONIO, March 16, 2018 /PRNewswire/ -- Today, bankers at Frost Bank, a subsidiary of Cullen/Frost Bankers, Inc. (CFR) will start briefing commercial lockbox customers about a recently discovered unauthorized access to digital images stored in those customers' commercial image archives. Earlier this week, Frost detected the unauthorized access to a third-party lockbox software program and immediately launched an investigation and started taking remediation actions. "At Frost, we care deeply about taking care of our customers and protecting their information, and we regret that this situation has occurred," said Frost Chairman and CEO Phil Green.
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...
SAN ANTONIO, Feb. 28, 2018 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. announced that Jarvis V. Hollingsworth, a partner in the Bracewell LLP law firm, has been nominated for election to the board by Cullen/Frost shareholders at the upcoming annual meeting of shareholders on April 25, 2018. "We're looking forward to having Jarvis join the board," said Phil Green, Cullen/Frost Chairman and CEO. "His background in public policy and corporate governance, as well as his knowledge of Houston and our Texas markets, will lend insight into many of our activities.
NEW YORK, Feb. 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Atkore ...
Cullen/Frost Bankers Inc (CFRpA.PFD) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
SAN ANTONIO , Feb. 7, 2018 /PRNewswire/ -- Frost Bank, one of the largest banks based in Texas , received 36 Greenwich Excellence Awards – more than any other bank nationwide for the second consecutive ...
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.
SAN ANTONIO, Jan. 29, 2018 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. announced that directors Ruben M. Escobedo and R. Denny Alexander have notified the board of their decision to retire from the board and not to stand for re-election to the board when their terms expire at Cullen/Frost's annual meeting of shareholders in April. Escobedo joined the Frost Bank board in 1993 and the Cullen/Frost board in 1996, and serves as the Chairman of Cullen/Frost's Audit Committee. Alexander joined the Cullen/Frost board in 1998 after the company's acquisition of Overton Bancshares Inc. He serves on the Wealth Advisors Committee of Frost Bank and has also served on the Strategic Planning Committee.
Cullen/Frost Bankers (CFR) reports positive surprise of 5.8% in fourth-quarter 2017. Strong top-line performance, and increase in loans and deposits recorded.
SAN ANTONIO, Jan. 25, 2018 /PRNewswire/ -- Frost Bank announced today the addition of James Waters and Mike Russell to its executive team. Waters, recently a partner with the Haynes and Boone LLP law firm in Dallas, will join the Frost Executive Team in February with the title of Group Executive Vice President and General Counsel. "We are extremely pleased to have James Waters join our Executive Team.
With an ROE of 10.94%, Cullen/Frost Bankers Inc (NYSE:CFR) outpaced its own industry which delivered a less exciting 8.88% over the past year. Superficially, this looks great since we knowRead More...
The bank, based in San Antonio, said it had earnings of $1.53 per share. Earnings, adjusted for pretax gains, came to $1.47 per share. The results surpassed Wall Street expectations. The average estimate ...
Board declares first quarter dividend on common and preferred stock SAN ANTONIO , Jan. 25, 2018 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported fourth quarter results and annual earnings ...
Cullen/Frost Bankers Inc (NYSE:CFR) has pleased shareholders over the past 10 years, paying out an average dividend of 3.00% annually. The company pays out a dividend yield of 2.28% toRead More...
Forming an investment viewpoint on a new stock can be difficult, where do you begin? Although there are many factors to consider, the main fundamental factors can be grouped intoRead More...