Company profile

Ticker
CFR
Exchange
CEO
Phillip D. Green
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Cullen Frost Bankers Inc
SEC CIK
IRS number
741751768

CFR stock data

(
)

Calendar

25 Jul 19
25 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 336.07M 343.25M 336.33M 329.32M
Net income 111.59M 116.5M 119.25M 117.84M
Diluted EPS 1.72 1.79 1.82 1.78
Net profit margin 33.20% 33.94% 35.46% 35.78%
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.31B 1.2B 1.13B 1.07B
Net income 454.92M 364.15M 304.26M 279.33M
Diluted EPS 6.9 5.51 4.7 4.28
Net profit margin 34.75% 30.27% 27.02% 26.22%

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • Net income available to common shareholders totaled $109.6 million, or $1.72 per diluted common share, and $224.1 million, or $3.51 per diluted common share, for the three and six months ended June 30, 2019 compared to $109.3 million, or $1.68 per diluted common share, and $213.8 million, or $3.30 per diluted common share, for the three and six months ended June 30, 2018.
  • Net income available to common shareholders increased $245 thousand, or 0.2%, for the three months ended June 30, 2019 and increased $10.3 million, or 4.8%, for the six months ended June 30, 2019 compared to the same periods in 2018. The increase during the three months ended June 30, 2019 was primarily the result of a $16.2 million increase in net interest income and a $1.9 million decrease in the provision for loan losses partly offset by a $14.3 million increase in non-interest expense, a $2.4 million decrease in non-interest income and a $1.0 million increase in income tax expense. The increase during the six months ended June 30, 2019 was primarily the result of a $32.9 million increase in net interest income and a $2.9 million increase in non-interest income partly offset by a $19.5 million increase in non-interest expense, a $3.8 million increase in income tax expense and a $2.2 million increase in the provision for loan losses.
  • Details of the changes in the various components of net income are further discussed below.
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New words: addressed, building, expansion, letter, overhead, platform, relief, schedule, travel, valuable
Removed: check, digital, incident, likelihood, lockbox, remote, resulted, shift, store, unauthorized