CULLEN/FROST REPORTS FIRST QUARTER RESULTS
Cullen/Frost reported Q1 net income of $169.3 million, or $2.65 per share, up from $149.3 million and $2.30 per share in the prior year. Net interest income rose 5.6% to $460.8 million, supported by a 5.9% increase in average loans to $22.0 billion and a widening net interest margin to 3.74%.
Key figures
- Eps
- 2.65
- Revenue
- $460.8 million
- Net Income
- $169.3 million
- Average Loans
- $22.0 billion
- Dividend Rate
- $1.03
- Cost Of Repurchases
- $70.0 million
- Net Interest Margin
- 3.74 percent
- Shares Repurchased
- 507753
AI analysis
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