Cullen/Frost Bankers(CFR) - 2024 Q2 - Earnings Call Transcript
Cullen/Frost Bankers(CFR)2024-07-26 00:32Our investments in our organic expansions in Houston, Dallas and Austin, as well as our investments in marketing are driving these stellar results in our Consumer Bank, and we expect this to continue. We continue to see some normalization in credit terms of risk rating migrations in the portfolio as we come off historic lows and problem loans, but we've not experienced higher credit losses as our borrowers and the Texas economy overall has so far proven to be resilient. The growth in the quarter was mainly ...