Cullen/Frost Bankers Inc
CFR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!$ | LOCK|yFW<q | LOCK|%lMBMBv |
Cullen/Frost Earnings: Strong Fee and Net Interest Income From Expansion
Cullen/Frost delivered solid third-quarter results. Net interest income grew 9% from the prior-year quarter and earnings per share came in at $2.67, a 19% year-over-year increase. The bank continued to experience strong year-over-year loan growth of 7%.
