Cullen Frost Bankers Q1 Earnings Climb

(RTTNews) - Cullen Frost Bankers (CFR) announced a profit for its first quarter that climbed from last year.

The company's earnings came in at $114.48 million, or $1.79 per share. This compares with $104.46 million, or $1.61 per share, in last year's first quarter.

Analysts had expected the company to earn $1.74 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Cullen Frost Bankers earnings at a glance:

-Earnings (Q1): $114.48 Mln. vs. $104.46 Mln. last year. -EPS (Q1): $1.79 vs. $1.61 last year. -Analysts Estimate: $1.74