Cullen/Frost Bankers Q1 Profit Rises - Quick Facts

(RTTNews) - Cullen/Frost Bankers Inc. (CFR) reported that its first-quarter net income to shareholders increased to $59.2 million, or $0.96 per share, from $55.2 million, or $0.91 per share, previous year.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.98 for the quarter. Analysts' estimates typically exclude special items.

Net interest income increased to $160.33 million from $152.81 million. Total non-interest income was $77.49 million, compared to $77.78 million. Analysts expected revenue of $252.64 million for the quarter.