New insider activity at Cullen/Frost Bankers ( (CFR) ) has taken place on February 4, 2025.
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Paul Bracher, the President of Cullen/Frost Bankers, has made a significant move by selling 11,500 shares of the company’s stock, amounting to a total value of $1,603,675.
Recent Updates on CFR stock
In the last 24 hours, Cullen/Frost Bankers has seen notable developments impacting its stock. Keefe Bruyette raised the firm’s price target for Cullen/Frost, encouraged by a strong Q4 performance. The bank reported robust earnings with a Q4 EPS of $2.36, surpassing the consensus of $2.17, driven by significant loan growth and successful expansion efforts. However, DA Davidson downgraded the stock from Buy to Neutral, citing valuation concerns despite recognizing its premium position and successful market share gains from larger banks. Challenges highlighted during the earnings call included a decline in full-year earnings, increased nonperforming assets, and pressures on net interest margin, though the company remains optimistic about future growth, projecting mid to high single-digit loan growth in 2025 and continued expansion efforts.
More about Cullen/Frost Bankers
YTD Price Performance: 5.00%
Average Trading Volume: 418,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.94B