Detail akcie Cullen Frost Bks online

Business Summary: Cullen/Frost Bankers, Inc. is a financial holding and bank holding company. The Company's segments include Banking and Frost Wealth Advisors. The Banking segment includes both commercial and consumer banking services and Frost Insurance Agency. Its commercial banking services are provided to corporations and other business clients and include a range of lending and cash management products. Its consumer banking services include direct lending and depository services. Its Frost Insurance Agency provides insurance brokerage services to individuals and businesses covering corporate and personal property and casualty products, as well as group health and life insurance products. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services, including personal wealth management and securities brokerage services. The Company serves a range of industries, including energy, manufacturing, construction, and others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Cullen/Frost Bankers, Inc. interest income increased 50% to $2.22B. Net interest income after loan loss provision increased 17% to $1.51B. Net income applicable to common stockholders increased 3% to $585M. Net interest income after loan loss provision reflects Banking segment increase of 17% to $1.52B, Frost Wealth Advisors segment increase of 64% to $7.6M, Net Interest Margin.