
CFR's Loans Surge 10.3% to $20.8B Amid Texas Boom
Cullen/Frost Bankers, Inc.Description
What this story covers
Cullen/Frost Bankers, Inc. (CFR) reported $52.5B assets and $582.5M net income in 2024, down slightly due to rising expenses and credit provisions. Loans grew 10.3% to $20.8B, driven by real estate and energy, while deposits rose 1.9% to $42.7B. Strong capital ratios (CET1 14.1%) and liquidity support resilience, though interest rates and Texas risks loom. Fee income up 7.1% aids diversification.
Story snapshot
CompanyCullen/Frost Bankers, Inc.
TickerCFR
VariantStandard detailed
Duration12:51
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0000039263-25-000017
Full Story Script
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