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Cullen Frost Bankers Inc. - CFR STOCK NEWS

Welcome to our dedicated news page for Cullen Frost Bankers (Ticker: CFR), a resource for investors and traders seeking the latest updates and insights on Cullen Frost Bankers.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cullen Frost Bankers's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cullen Frost Bankers's position in the market.

Rhea-AI Summary
Frost Bank collaborates with Atomic to enhance customer experience through direct deposit switching. The partnership aims to improve customer satisfaction and accessibility, aligning with Frost's tech-focused approach. Frost Bank emphasizes its dedication to providing seamless direct deposit services to enhance the overall customer experience.
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Cullen/Frost Bankers, Inc. (NYSE: CFR) will hold a conference call on April 25, 2024, to discuss their first quarter 2024 earnings. The call will be led by top executives and will include a Q&A session for analysts. The earnings release will be available online, and both a telephone number and webcast link are provided for participation.
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Frost Bank has once again achieved the highest ranking for banking customer satisfaction in Texas, according to the J.D. Power 2024 U.S. Retail Banking Satisfaction Study. With an impressive overall satisfaction score of 753, Frost Bank outperformed the Texas region average by 99 points, securing the top spot in all seven dimensions of the study.
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Frost Bank, a leading Texas-based bank, has been awarded 34 Greenwich Excellence and Best Brand Awards for the eighth consecutive year. The bank excelled in providing superior service, advice, and performance to small-business and middle-market banking clients, being the only Texas-based bank to receive national recognition in various categories. Frost's consistent recognition showcases its commitment to excellence and customer satisfaction.
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Cullen/Frost Bankers, Inc. (NYSE: CFR) announced the election of Hope Andrade to the board of directors, who will join the Audit and Risk committees. Andrade's extensive experience and leadership in Texas are expected to bring valuable insights to the company.
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Cullen/Frost Bankers, Inc. (NYSE:CFR) reported fourth-quarter and full-year results for 2023, with net income available to common shareholders for the fourth quarter of 2023 at $100.9 million, which was impacted by a one-time surcharge expense of $51.5 million. Excluding this, net income would have been $141.6 million, representing a 25.3% decrease compared to 2022. For the full year, net income available to common shareholders was $591.3 million, an increase of 3.3% compared to 2022. The company also declared a first-quarter dividend on common and preferred stock and authorized a $150 million stock repurchase program.
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Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, January 25, 2024, to discuss fourth quarter 2023 earnings. The earnings release will be available at approximately 8:00 a.m. Central Time on the internet. The conference call will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO, and A.B. Mendez, Senior Vice President and Director of Investor Relations. The call will include a question and answer session for the analyst community and will be available via telephone and live webcast. The webcast will be archived and available for playback after 5:00 p.m. CT on the day of the call.
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Cullen/Frost Bankers, Inc. reports Q3 2023 results, with net income decrease of 8.1% YoY. For the first nine months of 2023, net income increased by 28.1% YoY. Net interest income increased by 7.3% YoY. Non-interest income increased by 6.2% YoY. Non-interest expense increased by 13.7% YoY. The company declared a fourth-quarter dividend of $0.92 per common share.
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Alvotech to release financial results for first six months of 2023
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Cullen Frost Bankers Inc.

NYSE:CFR

CFR Rankings

CFR Stock Data

6.94B
58.41M
8.46%
82.26%
2.84%
Commercial Banking
Finance and Insurance
Link
US
San Antonio

About CFR

frost has been delivering a unique combination of products, service and expertise to the bi-state region for nearly a century. we are a supplier of electrical, lighting, voice & data, industrial & automation, tools, safety & accessories, fastening, hanging & anchoring systems and other job site supplies.