.jpg "Cullen/Frost Bankers (NYSE: CFR)")
Today, the GEVP and Chief Credit Officer of Cullen/Frost Bankers (CFR), William Perotti, bought shares of CFR for $474K.
Following this transaction William Perotti’s holding in the company was increased by 7.75% to a total of $11.01 million. In addition to William Perotti, 3 other CFR executives reported Buy trades in the last month.
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Based on Cullen/Frost Bankers’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $370 million and quarterly net profit of $111 million. In comparison, last year the company earned revenue of $342 million and had a net profit of $111 million. The company has a one-year high of $113.70 and a one-year low of $81.74. CFR’s market cap is $5.3B and the company has a P/E ratio of 11.97.
In the last 30 days, insiders have sold $882.3K worth of CFR shares and purchased $3.5M worth of CFR shares. The insider sentiment on Cullen/Frost Bankers has been positive according to 21 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Cullen/Frost Bankers, Inc. operates as a bank holding company of Frost Bank, which engages in the provision of commercial and consumer banking services, as well as trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, asset-based lending, treasury management and item processing services.
