Cullen Frost Bankers Reveals Advance In Q2 Profit

(RTTNews) - Cullen Frost Bankers (CFR) reported a profit for its second quarter that advanced from last year.

The company's bottom line came in at $109.33 million, or $1.68 per share. This compares with $83.54 million, or $1.29 per share, in last year's second quarter.

Analysts had expected the company to earn $1.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q2): $109.33 Mln. vs. $83.54 Mln. last year. -EPS (Q2): $1.68 vs. $1.29 last year. -Analysts Estimate: $1.63