Cullen/Frost Bankers Inc
CFR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| q%# | LOCK|ZJJ^G | LOCK|hBjv>#N |
Cullen/Frost Earnings: Expense Growth Accelerated With Strong Loan Growth; Shares Overvalued
Cullen/Frost reported solid second-quarter results. Average loans grew by 7% from a year ago, and earnings per share was $2.39, about 8% higher than the prior year's period. The company's shares closed down approximately 5%.
