Cullen Frost Bankers Reports Advance In Q3 Earnings

(RTTNews) - Cullen Frost Bankers (CFR) reported earnings for its third quarter that advanced from the same period last year.

The company's bottom line totaled $115.83 million, or $1.78 per share. This compares with $91.12 million, or $1.41 per share, in last year's third quarter.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q3): $115.83 Mln. vs. $91.12 Mln. last year. -EPS (Q3): $1.78 vs. $1.41 last year. -Analysts Estimate: $1.72