Cullen/Frost (CFR) Rides On Organic Growth Amid Cost Woes [Yahoo! Finance]
Cullen/Frost Bankers, Inc. (CFR)
Last cullen/frost bankers, inc. earnings: 4/30 09:00 am
Check Earnings Report
US:NYSE Investor Relations:
frostbank.com/investor-relations
Company Research
Source: Yahoo! Finance
Also, efforts to expand its presence in Texas bode well for CFR's long-term growth. However, the company is affected by mounting costs and an undiversified loan portfolio. CFR's deposits witnessed a five-year compound annual growth rate (CAGR) of 9.1% (2018-2023), while loans, net of unearned discounts, recorded a CAGR of 6%. Moreover, branch openings in 2024 will likely aid decent loan demand and deposit growth for the company. Cullen/Frost's solid loan pipeline and Federal Reserve signaling interest rate cuts in the current year will further support loan growth in the upcoming period. Strength in the loan book is expected to drive the company's NII. Though interest rates are likely to be cut down, the expected decline in deposit costs, decent loan demand and exposure to non-interest-bearing deposits will likely boost NII in the upcoming period. Management estimates NII growth between 2% and 4% for the current year. We estimate NII to increase 2.3%, 2.9% and 3.2% in 2024, 2025 an
Show less
Read more
Impact Snapshot
Event Time:
CFR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CFR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CFR alerts
High impacting Cullen/Frost Bankers, Inc. news events
Weekly update
A roundup of the hottest topics
CFR
News
- Cullen/Frost (CFR) Stock Down 5.2% Despite Q1 Earnings Beat [Yahoo! Finance]Yahoo! Finance
- Cullen/Frost Bankers, Inc. (NYSE: CFR) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $115.00 price target on the stock.MarketBeat
- Here's What Key Metrics Tell Us About Cullen/Frost (CFR) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- CULLEN/FROST REPORTS FIRST QUARTER RESULTSPR Newswire
- Seeking Clues to Cullen/Frost (CFR) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
CFR
Earnings
- 4/25/24 - Miss
CFR
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- CFR's page on the SEC website