CFR Earnings Prediction
The chart below shows how CFR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CFR sees a -2.22% change in stock price 10 days leading up to the earnings, and a -1.94% change 10 days following the report. On the earnings day itself, the stock moves by +0.82%. This data can give you a slight idea of what to expect for the next quarter's release.
CFR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
506.05M
7.77%
3.01%
Gross Margin
--
--
--
Operating Margin
33.21%
54.25%
-0.09%
Net Margin
30.60%
40.11%
2.62%
EPS
2.36
52.26%
5.36%
No Data Available
CFR Earnings Analysis
Cullen/Frost Bankers Inc Corporation (CFR.N) Earnings Conference Call
Positive
Q4 Earnings Surge: Cullen Frost Bankers reported Q4 earnings of $153.2 million, or $2.36 per share, a significant increase from $100.9 million, or $1.55 per share, in the same quarter last year, reflecting strong financial performance.
Net Income Performance: For the full year 2024, net income available to common shareholders was $575.9 million, demonstrating robust profitability despite a slight decrease from $591.3 million in 2023.
Loan Growth Performance: Average loans grew by 9% to $20.3 billion in Q4, compared to $18.6 billion in the same quarter last year, indicating strong demand and effective lending strategies.
Consumer Deposit Growth: Consumer deposits increased by 3.2% for the year, with total consumer deposits now 51% higher than pre-COVID levels, showcasing effective customer retention and growth strategies.
Record Consumer Loan Growth: The company achieved a record consumer loan growth of $610 million, representing a 21% annual growth rate, driven primarily by home equity products and a nationally recognized mortgage program.
Negative
Net Income Decline: Net income available to common shareholders decreased to $575,900,000 in 2024 from $591,300,000 in 2023, reflecting a decline of 2.5%.
Earnings Per Share Decline: Full year earnings per share fell to $8.87 in 2024 compared to $9.10 in 2023, indicating a decrease of 2.5%.
Portfolio Depreciation Increase: The net unrealized loss on the available for sale portfolio increased by $429,000,000 to $1,560,000,000 from the previous quarter, highlighting significant portfolio depreciation.
Rising Net Charge Offs: Net charge offs rose to $14,000,000 in Q4 from $9,600,000 in the previous quarter, representing a 46% increase and indicating deteriorating credit quality.
Rising Problem Loans: Total problem loans increased to $943,000,000 at the end of Q4, up from $839,000,000 at the end of Q3, reflecting a growing concern in the loan portfolio.
CFR FAQs
How does CFR typically perform around its earnings report dates?
Is Cullen/Frost Bankers Inc (CFR) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CFR Earning Call Sentiment
Earnings call transcript: Cullen/Frost Bankers Q4 2024 earnings beat expectations
CFR.N
2.65%Positive
The earnings call summary indicates strong financial performance with significant EPS growth, robust loan and deposit growth, and reduced non-performing assets. The company's strategic initiatives, like share buybacks and dividend increases, further support a positive outlook. While management's guidance on non-interest income and expenses shows some caution, the overall sentiment remains positive. The Q&A session didn't reveal significant concerns, and the share buyback program is a strong positive catalyst. Despite some uncertainties in fee income, the general outlook suggests a positive stock price movement over the next two weeks.
