Cullen/Frost (CFR) Stock Down 5.2% Despite Q1 Earnings Beat [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
Adjusted earnings per share (excluding the impact of FDIC surcharge) were $2.15, down 20.4% from the prior-year quarter. Nonetheless, the bottom line surpassed the Zacks Consensus Estimate of $2.13. Results were primarily aided by a rise in non-interest income and higher loan balances during the quarter. However, a rise in non-interest expenses and credit loss expenses and reduced net interest income (NII) were significant drags. The company reported net income available to common shareholders of $134 million, down from $176 million in the prior-year quarter. This included FDIC special assessment charges of $7.7 million. On an adjusted basis, net income available to common shareholders was $140.1 million, down 20.4% year over year. Revenues Decline, Expenses Rise The company's total revenues were $522.7 million in the first quarter, down 1.6% year over year. Also, the top line missed the Zacks Consensus Estimate of $524.9 million. NII on a taxable-equivalent basis declined 3
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 Bankers, Inc. (NYSE: CFR) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Cullen/Frost Bankers, Inc. (NYSE:CFR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Cullen/Frost Bankers, Inc. (NYSE: CFR) had its price target lowered by analysts at Truist Financial Co. from $121.00 to $115.00. They now have a "hold" rating on the stock.MarketBeat
- 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
CFR
Earnings
- 4/25/24 - Miss
CFR
Sec Filings
- 4/30/24 - Form S-8
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- CFR's page on the SEC website