We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Cullen/Frost (CFR) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Cullen/Frost Bankers (CFR - Free Report) will report quarterly earnings of $2.13 per share in its upcoming release, pointing to a year-over-year decline of 21.1%. It is anticipated that revenues will amount to $524.93 million, exhibiting a decline of 1.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Cullen/Frost metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Interest Margin (FTE)' should arrive at 3.5%. The estimate is in contrast to the year-ago figure of 3.5%.
The combined assessment of analysts suggests that 'Total earning assets and average rate earned - Average balance' will likely reach $46.49 billion. Compared to the present estimate, the company reported $47.90 billion in the same quarter last year.
Analysts expect 'Total Risk-based Capital Ratio' to come in at 15.3%. Compared to the current estimate, the company reported 15.2% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Non-Performing Loans/ Non-accrual loans' of $62.52 million. Compared to the present estimate, the company reported $38.41 million in the same quarter last year.
The average prediction of analysts places 'Tier 1 Risk-based Capital Ratio' at 13.7%. The estimate compares to the year-ago value of 13.7%.
Analysts predict that the 'Leverage Ratio' will reach 8.5%. Compared to the present estimate, the company reported 7.7% in the same quarter last year.
According to the collective judgment of analysts, 'Net Interest Income (FTE)' should come in at $414.25 million. The estimate compares to the year-ago value of $425.84 million.
The consensus estimate for 'Total Non-Interest Income' stands at $110.65 million. Compared to the present estimate, the company reported $105.27 million in the same quarter last year.
Analysts' assessment points toward 'Net Interest Income' reaching $390.02 million. Compared to the current estimate, the company reported $399.82 million in the same quarter of the previous year.
The consensus among analysts is that 'Other charges, commissions and fees' will reach $12.08 million. The estimate compares to the year-ago value of $11.70 million.
It is projected by analysts that the 'Trust and investment management fees' will reach $40.04 million. Compared to the present estimate, the company reported $36.14 million in the same quarter last year.
Analysts forecast 'Service charges on deposit accounts' to reach $24.44 million. Compared to the present estimate, the company reported $21.88 million in the same quarter last year.
Shares of Cullen/Frost have experienced a change of +7.1% in the past month compared to the -3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), CFR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to Cullen/Frost (CFR) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts forecast that Cullen/Frost Bankers (CFR - Free Report) will report quarterly earnings of $2.13 per share in its upcoming release, pointing to a year-over-year decline of 21.1%. It is anticipated that revenues will amount to $524.93 million, exhibiting a decline of 1.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Cullen/Frost metrics that are routinely monitored and predicted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Interest Margin (FTE)' should arrive at 3.5%. The estimate is in contrast to the year-ago figure of 3.5%.
The combined assessment of analysts suggests that 'Total earning assets and average rate earned - Average balance' will likely reach $46.49 billion. Compared to the present estimate, the company reported $47.90 billion in the same quarter last year.
Analysts expect 'Total Risk-based Capital Ratio' to come in at 15.3%. Compared to the current estimate, the company reported 15.2% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Non-Performing Loans/ Non-accrual loans' of $62.52 million. Compared to the present estimate, the company reported $38.41 million in the same quarter last year.
The average prediction of analysts places 'Tier 1 Risk-based Capital Ratio' at 13.7%. The estimate compares to the year-ago value of 13.7%.
Analysts predict that the 'Leverage Ratio' will reach 8.5%. Compared to the present estimate, the company reported 7.7% in the same quarter last year.
According to the collective judgment of analysts, 'Net Interest Income (FTE)' should come in at $414.25 million. The estimate compares to the year-ago value of $425.84 million.
The consensus estimate for 'Total Non-Interest Income' stands at $110.65 million. Compared to the present estimate, the company reported $105.27 million in the same quarter last year.
Analysts' assessment points toward 'Net Interest Income' reaching $390.02 million. Compared to the current estimate, the company reported $399.82 million in the same quarter of the previous year.
The consensus among analysts is that 'Other charges, commissions and fees' will reach $12.08 million. The estimate compares to the year-ago value of $11.70 million.
It is projected by analysts that the 'Trust and investment management fees' will reach $40.04 million. Compared to the present estimate, the company reported $36.14 million in the same quarter last year.
Analysts forecast 'Service charges on deposit accounts' to reach $24.44 million. Compared to the present estimate, the company reported $21.88 million in the same quarter last year.
View all Key Company Metrics for Cullen/Frost here>>>
Shares of Cullen/Frost have experienced a change of +7.1% in the past month compared to the -3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), CFR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>