Cullen Frost Bankers Reports Gain In Q1 Profit

(RTTNews) - Cullen Frost Bankers (CFR) reported earnings for its first quarter that increased from last year.

The company's bottom line came in at $104.46 million, or $1.61 per share. This compares with $82.93 million, or $1.28 per share, in last year's first quarter.

Analysts had expected the company to earn $1.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q1): $104.46 Mln. vs. $82.93 Mln. last year. -EPS (Q1): $1.61 vs. $1.28 last year. -Analysts Estimate: $1.48