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CULLEN/FROST REPORTS FOURTH QUARTER AND 2024 ANNUAL RESULTS

1. CFR declares Q1 dividend and initiates $150 million stock buyback program. 2. CFR's Q4 2024 net income rose significantly compared to Q4 2023.

Earnings
+0.5%Current Return
VS
-0.03%S&P 500
$138.801/30 09:03 AM EDTEvent Start
$139.501/31 03:32 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend announcement and share buyback typically enhance shareholder value, as seen previously when companies authorize stock repurchase programs.

How important is it?

The financial results and corporate actions directly influence investor sentiment and stock valuation.

Why Short Term?

Investors may react positively in the short term to the dividend and buyback, similar to past occurrences where companies' stock prices rallied after such announcements.

Related Companies

CFR
Board declares first quarter dividend on common and preferred stock, and authorizes $150 million stock repurchase program SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported fourth quarter and full-year results for 2024. Net income available to common shareholders for the fourth quarter of 2024 was $153.2 million, representing a $52.3 million increase compared to $100.9 million reported for the fourth quarter of 2023.

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