CULLEN/FROST REPORTS FOURTH QUARTER AND 2024 ANNUAL RESULTS
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Cullen/Frost Bankers, Inc. reported a significant increase in net income for Q4 2024, with a $52.3 million rise compared to the previous year. The company also announced a dividend and a $150 million stock repurchase program.
January 30, 2025 | 2:15 pm
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Cullen/Frost Bankers, Inc. reported a $52.3 million increase in net income for Q4 2024 compared to the previous year. The board declared a dividend and authorized a $150 million stock repurchase program.
The significant increase in net income and the announcement of a dividend and stock repurchase program are positive indicators for investors, likely boosting CFR's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100