Cullen/Frost Bankers Files 8-K for 4Q23 Earnings Release
Ticker: CFR-PB · Form: 8-K · Filed: Jan 25, 2024 · CIK: 39263
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K, banking
TL;DR
**Cullen/Frost Bankers just dropped their Q4 2023 earnings report, get ready for market reaction.**
AI Summary
Cullen/Frost Bankers, Inc. filed an 8-K on January 25, 2024, to report its Fourth Quarter 2023 earnings. This filing indicates the company is providing an update on its financial performance, which is crucial for investors to understand the bank's profitability and operational health. For shareholders, this matters because the results will directly impact the stock's valuation and future dividend potential, while potential buyers will use this information to assess the company's investment attractiveness.
Why It Matters
This filing signals that Cullen/Frost Bankers, Inc. is releasing its latest financial results, providing transparency into its performance for the last quarter of 2023. Investors will scrutinize these results to gauge the company's financial health and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for an earnings release, which is standard corporate disclosure and does not inherently introduce new risks.
Analyst Insight
A smart investor would review the full earnings release referenced in this 8-K to understand Cullen/Frost Bankers, Inc.'s financial performance, including revenue, net income, and key banking metrics, before making any investment decisions.
Key Players & Entities
- Cullen/Frost Bankers, Inc. (company) — the registrant filing the 8-K
- January 25, 2024 (date) — date of earliest event reported and filing date
- New York Stock Exchange (company) — exchange where CFR Common Stock is registered
- CFR (company) — trading symbol for Common Stock
FAQ
What is the purpose of this 8-K filing by Cullen/Frost Bankers, Inc.?
The purpose of this 8-K filing, dated January 25, 2024, is to report the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits,' specifically for the company's Fourth Quarter 2023 earnings release.
What is the trading symbol and exchange for Cullen/Frost Bankers, Inc.'s Common Stock?
The trading symbol for Cullen/Frost Bankers, Inc.'s Common Stock, with a $.01 Par Value, is 'CFR' and it is registered on the New York Stock Exchange.
What is the state of incorporation for Cullen/Frost Bankers, Inc.?
Cullen/Frost Bankers, Inc. is incorporated in Texas, as stated in the filing.
What is the business address of Cullen/Frost Bankers, Inc.?
The business address of Cullen/Frost Bankers, Inc. is 111 W. Houston Street, San Antonio, Texas 78205.
What is the earliest event reported date in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 25, 2024.
Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-01-25 09:21:30
Filing Documents
- cfr-20240125.htm (8-K) — 31KB
- a4q23formxex991xpressrelea.htm (EX-99.1) — 375KB
- 0000039263-24-000002.txt ( ) — 610KB
- cfr-20240125.xsd (EX-101.SCH) — 3KB
- cfr-20240125_def.xml (EX-101.DEF) — 18KB
- cfr-20240125_lab.xml (EX-101.LAB) — 34KB
- cfr-20240125_pre.xml (EX-101.PRE) — 18KB
- cfr-20240125_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition Attached as Exhibit 99.1 and incorporated into this item by reference is a press release issued by the Registrant on January 25, 2024 regarding its financial results for the quarter and year ended December 31, 2023. The information furnished by the Registrant pursuant to this item shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: 99.1 Press Release. 104 Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CULLEN/FROST BANKERS, INC. By: /s/ Jerry Salinas Jerry Salinas Group Executive Vice President and Chief Financial Officer Dated: January 25, 2024 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release . 104 Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document.