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Cullen/Frost Bankers' Q3 Earnings Down, Revenue Up
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Cullen/Frost Bankers' Q3 Earnings Down, Revenue Up
Nov 3, 2024 3:39 PM

09:30 AM EDT, 10/31/2024 (MT Newswires) -- Cullen/Frost Bankers ( CFR ) reported Q3 earnings Thursday of $2.24 per diluted share, down from $2.38 a year earlier.

Analysts polled by Capital IQ expected $2.16.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $518 million, up from $491 million a year earlier.

Analysts surveyed by Capital IQ expected $519.8 million.

Cullen/Frost kept its quarterly cash dividend at $0.95 per share, payable Dec. 13 to shareholders of record as of Nov. 29.

Price: 127.81, Change: +0.39, Percent Change: +0.31

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