Cullen/Frost Bankers: Q4 Earnings Insights

Cullen/Frost Bankers CFR reported its Q4 earnings results on Thursday, January 25, 2024 at 09:00 AM.

Here's what investors need to know about the announcement.

Earnings

Cullen/Frost Bankers beat estimated earnings by 7.39%, reporting an EPS of $2.18 versus an estimate of $2.03.

Revenue was down $2.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 2.63% drop in the share price the next day.

Here's a look at Cullen/Frost Bankers's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.15 2.40 2.55 2.76
EPS Actual 2.38 2.47 2.70 2.91
Revenue Estimate 490.35M 500.41M 508.93M 501.42M
Revenue Actual 491.42M 488.79M 505.08M 504.14M

To track all earnings releases for Cullen/Frost Bankers visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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