Cullen Frost Bankers Bottom Line Rises 45% In Q4

(RTTNews) - Cullen Frost Bankers (CFR) announced earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line rose to $81.70 million, or $1.28 per share. This was higher than $56.22 million, or $0.90 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q4): $81.70 Mln. vs. $56.22 Mln. last year. -Earnings Growth (Y-o-Y): 45.3% -EPS (Q4): $1.28 vs. $0.90 last year. -EPS Growth (Y-o-Y): 42.2% -Analysts Estimate: $1.22