Benzinga | Oct 28, 2021 10:46AM EDT

Cullen/Frost Bankers: Q3 Earnings Insights



Cullen/Frost Bankers (NYSE:CFR) reported its Q3 earnings results on Thursday, October 28, 2021 at 09:00 AM.

Here's what investors need to know about the announcement.

Earnings

Cullen/Frost Bankers beat their estimated earnings by 8.55%, reporting an EPS of $1.65 versus an estimate of $1.52, which did not surprise analysts.

Revenue was up $11,868,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24, which was followed by a 0.57% drop in the share price the next day.

Here's a look at Cullen/Frost Bankers's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.56 1.43 1.28 1.2EPS Actual 1.80 1.77 1.38 1.5Revenue Estimate 353.03M 355.41M 349.33M 355.22MRevenue Actual 371.24M 357.19M 357.06M 350.64M

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