Cullen/Frost: 3Q Earnings Snapshot
SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported third-quarter earnings of $117.8 million.
The bank, based in San Antonio, said it had earnings of $1.78 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
Cullen/Frost shares have fallen 3 percent since the beginning of the year. The stock has fallen 7 percent in the last 12 months.