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via finance.yahoo.comMarkets

Cullen/Frost Bankers beats Q3 expectations with revenue of $609.4 million

FROM THE WIRE · FINANCE.YAHOO.COM

5 insightful analyst questions from Cullen/Frost Bankers's Q3 earnings call Cullen/Frost Bankers delivered a third quarter that surpassed Wall Street's revenue and non-GAAP profit expectations, supported by broad-based loan and deposit growth. Management credited performance to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results slightly above expectations for a US regional bank.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Revenue was $609.4 million versus $608.7 million expected.
  2. 02Growth was supported by broad-based loan and deposit gains.
  3. 03Management credited the ongoing Texas branch expansion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Cullen/Frost Bankers, Inc.CFRStock159.97 USD+0.17%today +1.50%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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