Cullen/Frost Bankers Inc. (NASDAQ: CFR) Share Analyzed

Cullen/Frost Bankers logo. (PRNewsFoto/Cullen/Frost Bankers)

Cullen/Frost Bankers, Inc.day trading at USD 77.91 per share, then rallying to 77.91 and closing at USD 75.39 per share. A net loss of -3.23% for the day. Long term pricing analysis shows the stock trading at 22.71% lower than it’s 52week high and -52.44% higher than the 52week low. The share volume traded for the day was 407K which was 0 times the 50 Day Average Volume.

Cullen/Frost Bankers, Inc. had a market cap of 4,715,900K as of 12th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $5.80.

Cullen/Frost Bankers, Inc. is the holding company for The Frost National Bank. The Bank provides commercial banking, consumer services, investment banking, international banking, trust services, correspondent banking, discount brokerage, and insurance services through a network of offices in Texas.

Financial Results

Cullen/Frost Bankers, Inc. Reports First Quarter Of Fiscal 2020.

  • Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported first-quarter 2020 results. Net income available to common shareholders for the first quarter of 2020 was $47.2 million, compared to $114.5 million in the first quarter of 2019.
  • For the first quarter of 2020, net interest income on a taxable-equivalent basis was $268.5 million, down 1.0 percent compared to the same quarter in 2019.
  • Average loans for the first quarter of 2020 increased $790.0 million, or 5.6 percent, to $15.0 billion, from the $14.2 billion reported for the first quarter a year earlier.

Cullen/Frost Bankers, Inc. (12th June 2020): The Institutional Ownership as of today stood at 86.31% and the Total Value of Holdings (millions) is $ 3,967.

New Institutional Holders and other activity – As of today, the total number of shares held is 53,988,682 by 368 institutional holders.

LATEST NEWS:

11-June-2020:- Van ECK Associates Corp Acquires New Stake in Cullen/Frost Bankers, Inc. (NYSE: CFR)

Van ECK Associates Corp acquired a new stake in Cullen/Frost Bankers, Inc. (NYSE: CFR) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 619 shares of the bank’s stock, valued at approximately $35,000.

11-June-2020:- Q4 2021 EPS Estimates for Cullen/Frost Bankers, Inc. Increased by Analyst (NYSE: CFR)

Cullen/Frost Bankers, Inc. (NYSE: CFR) – Wedbush boosted their Q4 2021 earnings per share (EPS) estimates for Cullen/Frost Bankers in a report released on Tuesday, June 9th. Wedbush analyst P. Winter now anticipates that the bank will earn $1.41 per share for the quarter, up from their previous forecast of $1.26.

9-June-2020:- Champlain Investment Partners LLC Grows Stock Holdings in Cullen/Frost Bankers, Inc. (NYSE: CFR)

Champlain Investment Partners LLC boosted its stake in Cullen/Frost Bankers, Inc. (NYSE: CFR) by 21.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,639,615 shares of the bank’s stock after purchasing an additional 285,165 shares during the quarter.

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