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1 Comment
Cullen/Frost Bankers, Inc is currently in a long term uptrend where the price is trading 5.3% above its 200 day moving average.
From a valuation standpoint, the stock is 47.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.8.
Cullen/Frost Bankers, Inc's total revenue sank by 7.7% to $320M since the same quarter in the previous year.
Its net income has dropped by 14.9% to $88M since the same quarter in the previous year.
Finally, its free cash flow grew by 238.8% to $36M since the same quarter in the previous year.
Based on the above factors, Cullen/Frost Bankers, Inc gets an overall score of 3/5.
Exchange | NYSE |
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CurrencyCode | USD |
ISIN | US2298991090 |
Sector | Financial Services |
Industry | Banks - Regional |
Beta | 0.81 |
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Target Price | 133.0833 |
Dividend Yield | 3.3% |
PE Ratio | 12.94 |
Market Cap | 7B |
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.
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