Cullen/Frost: Q2 Earnings Snapshot
SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported second-quarter profit of $119.1 million.
The bank, based in San Antonio, said it had earnings of $1.81 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.
Cullen/Frost shares have climbed slightly more than 2% since the beginning of the year. The stock has increased 23% in the last 12 months.