Cullen Frost Bankers Q3 Income Rises 17%

(RTTNews) - Cullen Frost Bankers (CFR) released earnings for its third quarter that rose from last year.

The company said its bottom line came in at $91.12 million, or $1.41 per share. This was higher than $78.20 million, or $1.24 per share, in last year's third quarter.

Analysts had expected the company to earn $1.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q3): $91.12 Mln. vs. $78.20 Mln. last year. -Earnings Growth (Y-o-Y): 16.5% -EPS (Q3): $1.41 vs. $1.24 last year. -EPS Growth (Y-o-Y): 13.7% -Analysts Estimate: $1.31