Loading...
•
Jun 30, 2022
Cullen/Frost Bankers Q2 2022 Earnings Report
Cullen/Frost reported an increase in net income and earnings per share for Q2 2022.
Key Takeaways
Cullen/Frost Bankers, Inc. reported second quarter 2022 results with net income available to common shareholders of $117.4 million, or $1.81 per diluted common share. The board increased the quarterly common dividend by 16 percent to $0.87.
Net income available to common shareholders for the second quarter of 2022 was $117.4 million compared to $116.4 million in the second quarter of 2021.
On a per-share basis, net income available to common shareholders for the second quarter of 2022 was $1.81 per diluted common share, compared to $1.80 per diluted common share reported a year earlier.
Net interest income on a taxable-equivalent basis was $311.4 million, up 11.2 percent, compared to the same quarter in 2021.
Average deposits for the quarter were $44.7 billion, up $6.5 billion, or 16.9 percent, compared to the $38.3 billion reported for last year's second quarter.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...