Branch ExpansionCullen/Frost Bankers is expanding its branch network in major Texas cities like Dallas and Austin, which is expected to enhance deposit and loan growth.
Financial PerformanceCullen/Frost Bankers reported earnings per share of $2.36, surpassing expectations due to better-than-expected growth in loans and earning assets, as well as stable net interest margins.
Stock ValuationDespite the lower earnings estimate, the stock is expected to have an 18% price appreciation and a 3.3% dividend yield, leading to an estimated 12-month total return of about 21%.