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Hot Stocks
Cullen Frost Bankers trading resumes  10:32
03/09/20
03/09
10:32
03/09/20
10:32
CFR

Cullen/Frost

$58.75 /

-10.04 (-14.60%)

 
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Hot Stocks
Cullen Frost Bankers trading halted, volatility trading pause  10:27
03/09/20
03/09
10:27
03/09/20
10:27
CFR

Cullen/Frost

$60.01 /

-8.78 (-12.76%)

 
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Downgrade
Cullen/Frost downgraded to Hold from Buy at SunTrust » 07:11
03/06/20
03/06
07:11
03/06/20
07:11
CFR

Cullen/Frost

$74.41 /

-4.98 (-6.27%)

SunTrust analyst Jennifer…

SunTrust analyst Jennifer Demba downgraded Cullen/Frost to Hold from Buy with a price target of $80, down from $104. The analyst notes that the bank is a "very conservative" underwriter during the more uncertain economic environment and contends that it will be challenging for the shares to outperform over the near term. Demba adds that Cullen/Frost's balance sheet remains asset sensitive, and as Fed Funds rates fall, the company estimates its net interest income over the next 12 month to decline by 1.9% from a 100bps parallel decline in rates.

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Over a month ago
Conference/Events
Cullen/Frost management to meet with MKM Partners » 04:55
02/18/20
02/18
04:55
02/18/20
04:55
CFR

Cullen/Frost

$93.52 /

-0.335 (-0.36%)

Meeting to be held in…

Meeting to be held in Dallas, TX on February 18 hosted by MKM Partners.

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Conference/Events
Cullen/Frost management to meet with MKM Partners » 09:11
02/12/20
02/12
09:11
02/12/20
09:11
CFR

Cullen/Frost

$93.18 /

+0.755 (+0.82%)

Meeting to be held in…

Meeting to be held in Dallas, TX on February 18 hosted by MKM Partners.

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Downgrade
Cullen/Frost downgraded to Underperform from In Line at Evercore ISI » 05:37
01/31/20
01/31
05:37
01/31/20
05:37
CFR

Cullen/Frost

$92.55 /

+0.51 (+0.55%)

Evercore ISI analyst…

Evercore ISI analyst Rahul Patil downgraded Cullen/Frost to Underperform from In Line with an $84 price target.

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Earnings
Cullen/Frost reports Q4 EPS $1.60, consensus $1.57 » 09:03
01/30/20
01/30
09:03
01/30/20
09:03
CFR

Cullen/Frost

$92.04 /

-0.83 (-0.89%)

The net interest margin…

The net interest margin was 3.62% for the fourth quarter compared to 3.72% for the fourth quarter of 2018 and 3.76% for the third quarter of 2019.

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Over a quarter ago
Downgrade
Cullen/Frost downgraded to Underperform, price target cut to $82 at Wedbush » 07:33
11/01/19
11/01
07:33
11/01/19
07:33
CFR

Cullen/Frost

$90.02 /

-3.245 (-3.48%)

Wedbush analyst Peter J.…

Wedbush analyst Peter J. Winter downgraded Cullen/Frost to Underperform from Neutral with a price target of $82, down from $87, citing lower valuation. In a research note to investors, Winter says that while most banks are looking for ways to slow expense growth in a tougher revenue environment, Cullen/Frost has no plans to curtail investment spending, which will result in some near-term pain. He says the expense pressure will carry over into 2021, as it plans to open another 15 branches next year.

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Downgrade
Cullen/Frost downgraded to Underperform from Neutral at Wedbush » 07:07
11/01/19
11/01
07:07
11/01/19
07:07
CFR

Cullen/Frost

$90.02 /

-3.245 (-3.48%)

Wedbush downgraded…

Wedbush downgraded Cullen/Frost to Underperform from Neutral.

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Earnings
Cullen/Frost reports Q3 EPS $1.73, consensus $1.69 » 09:04
10/31/19
10/31
09:04
10/31/19
09:04
CFR

Cullen/Frost

$93.26 /

-0.75 (-0.80%)

Reports Q3 provision for…

Reports Q3 provision for loan losses $8.0M and net charge-offs of $6.4M, vs. $6.4M in provisions and $7.8M in net charge-offs for 2Q19, and $2.7M in provisions and $15.3M in net charge-offs in 3Q18. Common Equity Tier 1, Tier 1 and Total Risk-Based Capital Ratios at the end of Q3 were 12.35%, 12.99% and 14.63%, respectively. Book value per common share at end of quarter was $59.76 from $49.49.

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