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.

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.

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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