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Cullen/frost Bankers (CFR)
:CFR
US Market
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Cullen/Frost Bankers (CFR) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 23, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
2.16
Last Year’s EPS
1.55
Same Quarter Last Year
Based on 10 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Oct 25, 2018
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% Change Since: 4.48%
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Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with strong loan growth and successful expansion efforts, but faced challenges with decreased net income, rising nonperforming assets, and increased expenses. While there are positive trends in consumer growth and credit improvement, the financial decline and increased costs contribute to a balanced sentiment.
Company Guidance
In the third quarter of 2024, Cullen/Frost provided guidance indicating a positive trajectory for several key financial metrics despite a challenging economic environment. The company achieved earnings of $144.8 million, translating to $2.24 per share, which was a slight decrease from the previous year's $154 million or $2.38 per share. Return on average assets and equity were noted at 1.16% and 15.48%, respectively. The bank experienced an 11.8% increase in average loans to $20.1 billion, while average deposits slightly declined by 20 basis points to $40.7 billion. The net interest margin improved by 2 basis points to 3.56%, driven by higher loan volumes and yields. Expansion efforts, particularly in Houston and Dallas, surpassed deposit and loan goals, contributing significantly to growth. Meanwhile, credit quality remained strong, with a reduction in problem loans and net charge-offs representing 19 basis points of period-end loans. For the full year, the company anticipates net interest income growth between 2% to 3%, average loan growth in the low double digits, and average deposit contraction between 1% to 2%. Noninterest income is expected to rise by 4% to 5%, and the effective tax rate is projected to remain at 16.5%.
Strong Loan Growth
Average loans grew by 11.8% to $20.1 billion in the third quarter compared to last year, with significant growth in consumer loans at 21% year-over-year.
Expansion Success
The company's expansion efforts in Houston, Dallas, and Austin have been successful, achieving 118% of the new household goal and substantial deposit and loan growth.
Improvement in Problem Loans
Total problem loans decreased by 15% from the previous quarter, showing improvement in credit quality.
Net Interest Margin Increase
Net interest margin increased to 3.56%, up from 3.54% last quarter, driven by higher volumes and yields on loans.
Strong Consumer Growth
The company added over 7,300 net new checking households, with consumer deposits increasing by 2.5% year-over-year.
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Cullen/Frost Bankers (CFR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CFR Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 26, 20182018 (Q2)
- / 1.68
1.2930.23% (+0.39)
Oct 25, 20182018 (Q3)
- / 1.78
1.4126.24% (+0.37)
Jan 31, 20192018 (Q4)
- / 1.82
1.4723.81% (+0.35)
Apr 25, 20192019 (Q1)
- / 1.79
1.6111.18% (+0.18)
Jul 25, 20192019 (Q2)
- / 1.72
1.682.38% (+0.04)
Oct 31, 20192019 (Q3)
- / 1.73
1.78-2.81% (-0.05)
Jan 30, 20202019 (Q4)
- / 1.60
1.82-12.09% (-0.22)
Apr 30, 20202020 (Q1)
- / 0.75
1.79-58.10% (-1.04)
Jul 30, 20202020 (Q2)
- / 1.47
1.72-14.53% (-0.25)
Oct 29, 20202020 (Q3)
- / 1.50
1.73-13.29% (-0.23)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CFR Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 31, 2024$129.60$126.50-2.39%
Jul 25, 2024$112.13$115.94+3.40%
Apr 25, 2024$114.04$108.07-5.24%
Jan 25, 2024$105.27$105.80+0.50%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ

When does Cullen/frost Bankers (CFR) report earnings?
Cullen/frost Bankers (CFR) is schdueled to report earning on Jan 23, 2025, TBA Not Confirmed.
    What is Cullen/frost Bankers (CFR) earnings time?
    Cullen/frost Bankers (CFR) earnings time is at Jan 23, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CFR EPS forecast?
          CFR EPS forecast for the fiscal quarter 2024 (Q4) is 2.16.
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