Workflow
Cullen/Frost (CFR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
CFRCullen/Frost Bankers(CFR) ZACKS·2025-01-30 17:05

Core Insights - Cullen/Frost Bankers (CFR) reported a revenue of 556.44millionforthequarterendedDecember2024,reflectingayear−over−yearincreaseof6.3556.44 million for the quarter ended December 2024, reflecting a year-over-year increase of 6.3% [1] - The earnings per share (EPS) for the quarter was 2.36, up from 2.18inthesamequarterlastyear,exceedingtheconsensusEPSestimateof2.18 in the same quarter last year, exceeding the consensus EPS estimate of 2.17 by 8.76% [1] - The reported revenue surpassed the Zacks Consensus Estimate of 544.02million,resultinginarevenuesurpriseof2.28544.02 million, resulting in a revenue surprise of 2.28% [1] Financial Metrics - Net loan charge-offs to average loans were reported at 0.3%, higher than the four-analyst average estimate of 0.2% [4] - Total earning assets averaged 47.58 billion, slightly above the four-analyst average estimate of 47.44billion[4]−NetInterestMargin(FTE)wasrecordedat3.547.44 billion [4] - Net Interest Margin (FTE) was recorded at 3.5%, compared to the estimated 3.6% by four analysts [4] - Book value per common share at the end of the quarter was 58.46, below the three-analyst average estimate of 60.33[4]−TotalNon−PerformingLoans/Non−accrualloansamountedto60.33 [4] - Total Non-Performing Loans/Non-accrual loans amounted to 78.87 million, significantly lower than the two-analyst average estimate of 97.31million[4]−TotalNon−InterestIncomereached97.31 million [4] - Total Non-Interest Income reached 122.82 million, exceeding the average estimate of 111.93millionbasedonfouranalysts[4]−NetInterestIncome(FTE)was111.93 million based on four analysts [4] - Net Interest Income (FTE) was 433.73 million, slightly above the four-analyst average estimate of 432.09million[4]−Othercharges,commissions,andfeestotaled432.09 million [4] - Other charges, commissions, and fees totaled 15.21 million, higher than the three-analyst average estimate of 12.97million[4]−Insurancecommissionsandfeeswerereportedat12.97 million [4] - Insurance commissions and fees were reported at 14.22 million, compared to the average estimate of 13.60millionbasedonthreeanalysts[4]−Trustandinvestmentmanagementfeesreached13.60 million based on three analysts [4] - Trust and investment management fees reached 43.77 million, exceeding the three-analyst average estimate of 41.12million[4]−NetInterestIncomewas41.12 million [4] - Net Interest Income was 413.52 million, above the three-analyst average estimate of 410.97million[4]−Servicechargesondepositaccountstotaled410.97 million [4] - Service charges on deposit accounts totaled 27.91 million, surpassing the three-analyst average estimate of $26.48 million [4] Stock Performance - Shares of Cullen/Frost have returned +3.4% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]