For the quarter ended September 2024, Cullen/Frost Bankers (CFR) reported revenue of $538.87 million, up 5% over the same period last year. EPS came in at $2.24, compared to $2.38 in the year-ago quarter.

The reported revenue represents a surprise of +3.03% over the Zacks Consensus Estimate of $523.03 million. With the consensus EPS estimate being $2.16, the EPS surprise was +3.70%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Cullen/Frost performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total earning assets and average rate earned - Average balance: $46.10 billion versus the five-analyst average estimate of $45.73 billion.
• Net loan charge-offs to average loans: 0.2% compared to the 0.3% average estimate based on five analysts.
• Net Interest Margin (FTE): 3.6% versus the five-analyst average estimate of 3.6%.
• Book value per common share at end of quarter: $62.41 compared to the $59.07 average estimate based on four analysts.
• Tier 1 Risk-based Capital Ratio: 14% compared to the 15% average estimate based on two analysts.
• Leverage Ratio: 8.8% compared to the 9.4% average estimate based on two analysts.
• Total Non-Performing Loans/ Non-accrual loans: $104.88 million versus $71.16 million estimated by two analysts on average.
• Total Risk-based Capital Ratio: 15.5% compared to the 16.3% average estimate based on two analysts.
• Net Interest Income (FTE): $425.16 million compared to the $417.43 million average estimate based on five analysts.
• Total Non-Interest Income: $113.71 million versus the five-analyst average estimate of $110.11 million.
• Net Interest Income: $404.33 million versus the four-analyst average estimate of $393.16 million.
• Other charges, commissions and fees: $13.06 million versus $13.08 million estimated by three analysts on average.

View all Key Company Metrics for Cullen/Frost here>>>

Shares of Cullen/Frost have returned +20.4% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Cullen/Frost Bankers, Inc. (CFR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research