Maxim Group analyst Michael Diana has reiterated their bullish stance on CFR stock, giving a Buy rating yesterday.
Michael Diana has given his Buy rating due to a combination of factors including Cullen/Frost Bankers’ strong financial performance and strategic growth initiatives. The company reported a first-quarter 2025 earnings per share (EPS) of $2.30, surpassing the consensus estimate of $2.17, primarily due to an increased net interest margin and reduced credit loss provisions. This performance indicates robust financial health and effective management strategies.
Moreover, the bank’s ongoing expansion in key markets such as Dallas and Austin is expected to enhance its deposit and loan growth, further solidifying its market position. Despite a slight reduction in the 2025 EPS estimate due to anticipated higher expenses, the bank’s superior credit quality and risk management capabilities justify a premium valuation. The expected stock price appreciation and dividend yield contribute to an attractive total return potential, reinforcing the Buy recommendation.
In another report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $145.00 price target.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CFR in relation to earlier this year.