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Cullen/Frost Bankers Inc (CFR)

NYSE
Currency in USD
140.25
+0.86(+0.62%)
Closed
After Hours
140.250.00(0.00%)
CFR Scorecard
Full Analysis
Has raised its dividend for 32 consecutive years
Fair Value
Day's Range
138.03140.35
52 wk Range
94.09147.64
Key Statistics
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Prev. Close
139.39
Open
138.99
Day's Range
138.03-140.35
52 wk Range
94.09-147.64
Volume
218.71K
Average Volume (3m)
471.19K
1-Year Change
37.91%
Book Value / Share
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Fair Value
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Fair Value Upside
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CFR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
128.42
Downside
-8.43%
Members' Sentiments
Bearish
Bullish
ProTips
10 analysts have revised their earnings upwards for the upcoming period
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Cullen/Frost Bankers Inc Company Profile

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.

Sector
Financial
Employees
4985

Cullen/Frost Bankers Inc SWOT Analysis


Loan Growth Momentum
Cullen/Frost Bankers reports strong Q2 2024 results, with sustained loan growth driving performance and validating expansion strategies
Margin & Cost Efficiency
Explore how improving margins and disciplined expense management are bolstering Cullen/Frost's profitability and positioning it for future success
Strategic Expansion Pays Off
Delve into the positive earnings contributions from Cullen/Frost's earlier expansion efforts, supporting funding initiatives and growth strategies
Analyst Outlook
Average price target around $125, with analysts maintaining positive sentiment due to Cullen/Frost's stable outlook and growth potential
Read full SWOT analysis
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Institutional-Grade Stock Analysis
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Cullen/Frost Bankers Inc Earnings Call Summary for Q4/2024

  • Q3 earnings fell to $144.8M ($2.24/share) from $154M ($2.38/share) YoY; return on assets and equity declined
  • Average loans up 11.8%; deposits slightly down. Expansion in Texas cities exceeded targets for loans and deposits
  • Projected 2-3% net interest income growth, low double-digit loan growth for 2024; expects two Fed rate cuts
  • Noninterest income up, growth forecast at 4-5%; expenses rose, projected 6-6.5% increase for full year
  • Credit quality improved; commercial and consumer loans grew. $20M in stock repurchases during Q3
Last Updated: 03/11/2024, 10:12 pm
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Compare CFR to Peers and Sector

Metrics to compare
CFR
Peers
Sector
Relationship
P/E Ratio
17.4x15.8x8.7x
PEG Ratio
−0.75−0.280.03
Price/Book
2.3x1.3x1.0x
Price / LTM Sales
4.6x3.8x2.8x
Upside (Analyst Target)
−6.7%4.4%10.4%
Fair Value Upside
Unlock9.5%2.7%Unlock

Analysts' Recommendations

3 Buy
7 Hold
4 Sell
Ratings:
12 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 128.42

(-8.44% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 8.07
Dividend Yield
2.73%
Industry Median 4.56%
Annualised payout
3.8000
Paid quarterly
5-Years Growth
+6.09%
Growth Streak

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FAQ

What Is the Cullen/Frost Bankers (CFR) Stock Price Today?

The Cullen/Frost Bankers stock price today is 140.25

What Stock Exchange Does Cullen/Frost Bankers Trade On?

Cullen/Frost Bankers is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Cullen/Frost Bankers?

The stock symbol for Cullen/Frost Bankers is "CFR."

Does Cullen/Frost Bankers Pay Dividends? What’s The Current Dividend Yield?

The Cullen/Frost Bankers dividend yield is 2.71%.

What Is the Cullen/Frost Bankers Market Cap?

As of today, Cullen/Frost Bankers market cap is 8.99B.

What is Cullen/Frost Bankers Earnings Per Share?

The Cullen/Frost Bankers EPS is 8.07.

What Is the Next Cullen/Frost Bankers Earnings Date?

Cullen/Frost Bankers will release its next earnings report on 22 Jan 2025.

From a Technical Analysis Perspective, Is CFR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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