US Market News
1月前
Cullen/Frost Bankers, Inc. reschedules earnings conference callApril 30, 2026 4:25 PM
PR Newswire (US)
SAN ANTONIO, Texas, April 30, 2026 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) will host a conference call on Thursday, April 30, 2026 to discuss first quarter 2026 earnings.Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. is available on the internet at https://investor.frostbank.com/.Conference Call and Live Webcast: The conference call will begin at 3:30 p.m. CT (4:30 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Dan Geddes, Group Executive Vice President and CFO and A.B. Mendez, Senior Vice President and Director of Investor Relations.Following the prepared remarks there will be a question and answer session for the analyst community. Media and other interested individuals are invited to listen to the call using the webcast link or telephone number as follows:Live Webcast
To access the webcast, go to https://investor.frostbank.com/ or directly to Registration | Cullen/Frost Bankers, Inc. First Quarter 2026 Earnings Conference CallThe webcast will be archived and available for playback, and can be accessed on our investor relations website.Telephone Number
Domestic: 877-709-8150It is recommended that those wishing to dial into the conference call do so approximately 5 to 10 minutes prior to the call to ensure a more efficient registration process.A.B. Mendez
Investor Relations
210.220.5234orBill Day
Media Relations
210.220.5427
View original content to download multimedia:https://www.prnewswire.com/news-releases/cullenfrost-bankers-inc-reschedules-earnings-conference-call-302759474.htmlSOURCE Cullen/Frost Bankers, Inc.
Original: Cullen/Frost Bankers, Inc. reschedules earnings conference call
US Market News
2月前
Cullen/Frost Bankers, Inc. Hosts First Quarter 2026 Earnings Conference CallApril 7, 2026 4:00 PM
PR Newswire (US)
SAN ANTONIO, April 7, 2026 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, April 30, 2026 to discuss first quarter 2026 earnings.
Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/.Conference Call and Live Webcast: The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Dan Geddes, Group Executive Vice President and CFO and A.B. Mendez, Senior Vice President and Director of Investor Relations.Following the prepared remarks there will be a question and answer session for the analyst community. Media and other interested individuals are invited to listen to the call using the webcast link or telephone number as follows:Live Webcast
To access the webcast, go to https://investor.frostbank.com/ or directly to https://event.choruscall.com/mediaframe/webcast.html?webcastid=y0JpzKupThe webcast will be archived and available for playback after 5:00 p.m. CT on the day of the call,
and can be accessed on our investor relations website.Telephone Number
Domestic: 877-709-8150It is recommended that those wishing to dial into the conference call do so approximately 5 to 10 minutes prior to the call to ensure a more efficient registration process.
View original content to download multimedia:https://www.prnewswire.com/news-releases/cullenfrost-bankers-inc-hosts-first-quarter-2026-earnings-conference-call-302736078.htmlSOURCE Cullen/Frost Bankers, Inc.
Original: Cullen/Frost Bankers, Inc. Hosts First Quarter 2026 Earnings Conference Call
US Market News
4月前
CULLEN/FROST BANKERS ANNOUNCES TWO ADDITIONS TO BOARD OF DIRECTORS; AVERY TO RETIREJanuary 30, 2026 11:00 AM
PR Newswire (US)
SAN ANTONIO, Jan. 30, 2026 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. (NYSE: CFR) announced that two new directors, Marsha M. Shields and Jeff Rummel, have been elected to the board.
"We're glad to be able to add Marsha and Jeff to the board, and we look forward to the addition of their knowledge and experience," said Cullen/Frost Chairman and CEO Phil Green. "They're both longtime Texans with plenty of business and policy experience, and their perspectives will be of value as we expand our company."Shields is the CEO and Managing Partner of McCombs Enterprises and oversees the Red McCombs family's core businesses, including Red McCombs Automotive Group, McCombs Energy Ltd. and McCombs Family Partners Ltd. She is also the president and director of the McCombs Foundation, Inc., a trustee of the Texas Biomedical Research Institute, and a member of the Board of Visitors of the University of Texas M.D. Anderson Cancer Center. She has served on the board of Clear Channel Outdoor Holdings. She holds a bachelor's degree from Duke University and completed an executive education program in accounting, finance, and business management from the University of Texas at Austin.Rummel served as the managing partner of Ernst & Young's San Antonio office from 2020-25. He served as the lead audit partner for several publicly traded companies in the financial services sector as well as various leadership roles at Ernst & Young for more than 37 years, giving him significant experience auditing and assessing risk at large complex financial institutions. He also is a board member of the Alamo Bowl. He holds a bachelor's degree from the University of Texas and is a retired certified public accountant.The board also announced that Chris Avery, who has been a director since 2015, will retire from board service when his term expires in April of this year. Avery, a licensed physician and board-certified anesthesiologist, also serves as chairman and former CEO of James Avery Craftsman, Inc."We appreciate Chris's service on our board, which coincided with major initiatives like our organic expansion as well as critical situations like getting through the pandemic," Green said. "We all congratulate him on his well-deserved retirement."About Frost:
Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with $53 billion in assets at Dec. 31, 2025. One of the 50 largest U.S. banks by asset size, Frost provides a full range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped Texans with their financial needs during three centuries. For more information, visit www.frostbank.com.AB Mendez
Investor Relations
210-220-5234
or
Bill Day
Media Relations
210-220-5427
View original content to download multimedia:https://www.prnewswire.com/news-releases/cullenfrost-bankers-announces-two-additions-to-board-of-directors-avery-to-retire-302675156.htmlSOURCE Cullen/Frost Bankers, Inc.
Original: CULLEN/FROST BANKERS ANNOUNCES TWO ADDITIONS TO BOARD OF DIRECTORS; AVERY TO RETIRE
Burpzilla
21年前
Local banks prepare for an influx of out-of-state competition
William Pack
Express-News Business Writer
Web Posted: 02/16/2005 01:52 PM CST
With Texas' banking environment attracting a crowd, local lending institutions say they have no intention of being left in the dust.
One banking giant — Wachovia — already is pushing its way into the marketplace, and the world's largest financial services institution, Citigroup Inc., has its eyes on San Antonio after getting a foothold in Texas last year through the acquisition of Bryan-based First American Bank.
Major out-of-state banks already operating in Texas, such as Bank of America, Wells Fargo and the soon-to-be-consolidated JP Morgan Chase and Bank One, are gearing up with more branches and refined services to grab a larger chunk of the area's banking dollar, too.
Bring it on, say leaders of some of the smaller, local and regional lending institutions. They are banking on records of proven performance to give them a shot to prosper in what generally is seen as an improving economy.
"We feel we understand our economy and its needs," said Jim Goudge, chairman and CEO of Broadway Bank, a midsize institution with about $1.5 billion in assets. "We will have to work harder, but there is still opportunity for a bank our size that offers high-quality service to our customers."
Dick Evans, chairman of Cullen/Frost Bankers Inc., said the banking industry has dealt with hefty competition since the mid-'80s and the competition has made Cullen/Frost, the parent company of Frost Bank, and other lenders stronger.
"We have grown well in that environment," said Evans, whose company boasts assets of nearly $10 billion. "There's no reason it can't continue."
Scott Alaniz, a Texas banking analyst with Sandler O'Neill & Partners, said community and regional banks will have to operate leaner to compete with deep-pocketed megabanks. But he believes the major locally based banks have tried to stay ahead of the curve in areas including management capabilities and branch siting. As a result, they should prosper as the economy grows.
The local institutions also have what amounts to a home field advantage in that they already are known in the market and see San Antonio as their focus area, not a satellite operation, Alaniz said.
"These banks have the ability to compete," he said.
Leaders of two major credit unions in San Antonio also are optimistic about their prospects because of the economy's strength and the expertise they have gained in serving specific sectors.
Jack Worthington, a senior vice president with Security Service Federal Credit Union, said auto lending is that company's core competency, generating a volume unsurpassed in San Antonio. He expects that sector to stay strong in 2005.
Home sales may weaken as interest rates grow, but not enough to be a problem, Worthington added.
"We are optimistic about our ability to maintain a continuing share of the market," he said.
Jeff Farver, CEO of San Antonio Federal Credit Union, said his company should win its share of the consumer lending market because of its commitment to prices that undercut those charged by bigger banks.
The company also is expanding its product lines into potentially lucrative areas — loans for manufactured homes and Internet-based customer financing options for smaller retailers.
Though two new San Antonio Federal branch sites will be opened this year, Farver recognizes the institution will have to operate more austerely until low interest loans are retired and replaced with loans drawing higher interest. Still, he feels good about the company's growth in 2005.
But it will have to come alongside the continued expansion of the giant banking institutions.
Wachovia, the nation's fifth-largest bank, opened its first San Antonio office last month and has plans for about four more in the area this year. Chase, which became the nation's second-largest banking company after its consolidation with Bank One Corp. last year, is planning on adding 30 branches across Texas this year, two in San Antonio.
Bank of America, which already has the largest number of branches in the metropolitan area, 30, has two or three more being planned for 2005, said Kenny Wilson, the bank's San Antonio president. Though some worry about the state hitting a saturation point for banking operations, Wilson is not one.
"All I know is we are continuing to grow," he said.
In steady San Antonio, where Bank of America has beefed up its small-business operations, Wilson sees more of the same this year.
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