NYSE:CFR

FROST BANK ANNOUNCES MAJOR EXPANSION IN AUSTIN

Retrieved on: 
Tuesday, June 27, 2023
Permian, Heart, Insurance, Education, CFR, Frost Bank, Frost, ATM, Acquisition, Investment, I-35, Health, NYSE, Frost Tower, Real estate, Bank, Cryptocurrency

AUSTIN, Texas, June 27, 2023 /PRNewswire/ -- Frost Bank, a subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026, the company announced today.

Key Points: 
  • AUSTIN, Texas, June 27, 2023 /PRNewswire/ -- Frost Bank, a subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), will follow up on its successful expansion programs in the Houston and Dallas areas by doubling its number of financial centers in the Austin region by 2026, the company announced today.
  • Frost already has 17 financial centers and nearly 350 employees in its Austin region.
  • The company expects that the expansion will lead to the creation of more than 170 new jobs at Frost in the Austin region and the opening of 17 new financial centers.
  • A 155-year-old bank with deep Texas roots, Frost opened its first bank in the Austin area back in the 1980s and grew rapidly following the acquisition of First City Banks in 1993.

Cullen/Frost Bankers, Inc. Hosts First Quarter 2023 Earnings Conference Call

Retrieved on: 
Monday, April 3, 2023
Central Time, Webcast, CFO, CT, European Conservatives and Reformists Group Executive, CFR, Senior, Multimedia, Conference, NYSE, SAN, Internet, Frost Bank, Music

SAN ANTONIO, April 3, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, April 27, 2023 to discuss first quarter 2023 earnings.

Key Points: 
  • SAN ANTONIO, April 3, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, April 27, 2023 to discuss first quarter 2023 earnings.
  • Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/ .
  • Conference Call and Live Webcast: The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO and A.B.
  • Following the prepared remarks there will be a question and answer session for the analyst community.

FOR 14TH CONSECUTIVE YEAR, J.D. POWER RANKS FROST BANK HIGHEST IN TEXAS RETAIL BANKING CUSTOMER SATISFACTION

Retrieved on: 
Thursday, March 30, 2023
Frost Bank, J.D. Power, Frost, SAN, Retail

SAN ANTONIO, March 30, 2023 /PRNewswire/ -- For the 14th consecutive year, Frost Bank received the highest ranking in customer satisfaction in Texas, according to the J.D.

Key Points: 
  • SAN ANTONIO, March 30, 2023 /PRNewswire/ -- For the 14th consecutive year, Frost Bank received the highest ranking in customer satisfaction in Texas, according to the J.D.
  • With an overall satisfaction index score of 728 – 64 points higher than the Texas region average – Frost ranked highest in customer satisfaction among all retail banks in Texas.
  • Power has studied retail banking for 18 years, and for the past 14 years has considered Texas a separate region among the 15 region it studies.
  • The customer satisfaction study is the longest-running and most in-depth survey of the retail banking industry, with more than 100,000 customers covering various aspects of their banking experience.

FROST BANK STUDY FINDS LINK BETWEEN FINANCIAL BELONGING AND FINANCIAL HEALTH

Retrieved on: 
Monday, February 6, 2023
Knowledge, SAN, Research, Frost Bank, Frost, Trust, Online shopping, Renewable energy

SAN ANTONIO, Feb. 6, 2023 /PRNewswire/ -- Today, Frost Bank launched findings from a recent nationwide study that found those who feel a sense of belonging are 160% more likely to have better financial health, but only 11% feel a sense of belonging with their current bank today. Further, while most Americans feel their interactions with the banks are generally positive, nearly two-thirds admit their relationship with their bank is merely "transactional."

Key Points: 
  • The results found financial belonging is connected to satisfaction – consumers who are satisfied with their bank are 43 times more likely to feel a sense of belonging compared to those who are dissatisfied with their bank.
  • However, the current state of financial belonging is staggeringly low (11%), compared to the 74% who say financial belonging is important.
  • Frost is committed to exploring financial belonging and breaking down the barriers that stand in people's way to better relationships with their financial institutions, and in turn, better financial health.
  • Visit frostbank.com to learn more about the link between financial belonging and financial health, as well as what you should seek from a bank to establish a more meaningful relationship.

CULLEN/FROST BANKERS ANNOUNCES ELECTION OF JACK WILLOME TO BOARD OF DIRECTORS

Retrieved on: 
Wednesday, January 25, 2023
University, Risk, University of Texas Health Science Center at San Antonio, Corporate governance, Medical Humanities (journal), Compensation, CFR, NYSE, Frost Bank, Sale, Philosophy, Retirement, Bachelor of Business Administration, Business administration, SAN, Organization, Management, Ethics, Frost

SAN ANTONIO, Jan. 25, 2023 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. (NYSE: CFR) announced that Jack Willome has been elected to the board.

Key Points: 
  • SAN ANTONIO, Jan. 25, 2023 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. (NYSE: CFR) announced that Jack Willome has been elected to the board.
  • He has joined three board committees: Corporate Governance and Nominating; Compensation and Benefits; and Risk.
  • "Jack may be a new addition to the board, but he isn't new to Frost," said Phil Green, Cullen/Frost Chairman and CEO.
  • Following his retirement, Willome became a business consultant and facilitator, helping numerous organizations, families and individuals develop their strategic focus.

Cullen/Frost Bankers, Inc. Hosts Fourth Quarter 2022 Earnings Conference Call

Retrieved on: 
Tuesday, January 10, 2023
Internet, CFR, CT, Conference, NYSE, Frost Bank, CFO, Multimedia, European Conservatives and Reformists Group Executive, Senior, Central Time, SAN, Webcast, Video game

SAN ANTONIO, Jan. 10, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) will host a conference call on Thursday, January 26, 2023 to discuss fourth quarter 2022 earnings.

Key Points: 
  • SAN ANTONIO, Jan. 10, 2023 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) will host a conference call on Thursday, January 26, 2023 to discuss fourth quarter 2022 earnings.
  • Earnings Release: The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/ .
  • Conference Call and Live Webcast: The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO and A.B.
  • Following the prepared remarks there will be a question and answer session for the analyst community.

FROST NAMES NEW CHIEF CREDIT OFFICER

Retrieved on: 
Monday, November 14, 2022
Permian, Lawrence Kasanoff, SAN, CFR, Insurance, Frost, Frost Bank, NYSE, Investment, Leadership, Perotti, Green, Management, Bank

SAN ANTONIO, Nov. 14, 2022 /PRNewswire/ -- Frost Bank announced today that Howard Kasanoff, a senior executive vice president who has been with the bank since August 1992, will become chief credit officer at the beginning of 2023.

Key Points: 
  • SAN ANTONIO, Nov. 14, 2022 /PRNewswire/ -- Frost Bank announced today that Howard Kasanoff, a senior executive vice president who has been with the bank since August 1992, will become chief credit officer at the beginning of 2023.
  • Kasanoff will succeed Bill Perotti, Frost's long-serving chief credit officer, who is retiring at the end of this year.
  • Kasanoff started as a credit analyst before serving as an associate relationship manager, commercial lending officer, production credit officer and manager of the credit officer group.
  • "Howard is a great Frost banker and a 30-year veteran of our credit culture.

CULLEN/FROST BANKERS ANNOUNCES ELECTION OF JOSEPH A. PIERCE TO BOARD OF DIRECTORS

Retrieved on: 
Wednesday, October 26, 2022
Permian, SAN, Bank of America, Insurance, Wharton School of the University of Pennsylvania, Georgetown University, Technology, Business administration, Master of Business Administration, Atlanta Falcons, National Basketball Association, NYSE, University of Pennsylvania Law School, Charlotte Hornets, Bank, Pierce, Compensation, Business, Investment, University, Corporate governance, Marketing, Blank family, Frost Bank, CEO, CFR, National, Sport, Management, Frost

SAN ANTONIO, Oct. 26, 2022 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. (NYSE: CFR) announced that Joseph A.

Key Points: 
  • SAN ANTONIO, Oct. 26, 2022 /PRNewswire/ -- The board of directors of Cullen/Frost Bankers, Inc. (NYSE: CFR) announced that Joseph A.
  • Pierce has been elected to the board.
  • "We're pleased to welcome Joe to the board," said Phil Green, Cullen/Frost Chairman and CEO.
  • Pierce is the senior vice president and general counsel of AMB Sports and Entertainment at The Blank Family of Businesses.

Cullen/Frost Bankers, Inc. Hosts Second Quarter 2022 Earnings Conference Call

Retrieved on: 
Tuesday, July 12, 2022
Frost Bank, Internet, CFO, Senior, CEO, Conference, SAN, CFR, CT, European Conservatives and Reformists Group Executive, Central Time, NYSE, View, Multimedia, Webcast, Video game

SAN ANTONIO, July 12, 2022 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) will host a conference call on Thursday July 28, 2022 to discuss second quarter 2022 earnings.

Key Points: 
  • SAN ANTONIO, July 12, 2022 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) will host a conference call on Thursday July 28, 2022 to discuss second quarter 2022 earnings.
  • Earnings Release:The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m. Central Time (CT) on the internet at https://investor.frostbank.com/ .
  • Conference Call and Live Webcast:The conference call will begin at 1:00 p.m. CT (2:00 p.m. Eastern) and will be hosted by Phil Green, Chairman and CEO, Jerry Salinas, Group Executive Vice President and CFO and A.B.
  • Following the prepared remarks there will be a question and answer session for the analyst community.

FROST BANK EXPANDS OVERDRAFT GRACE, ELIMINATES NSF FEES FOR CONSUMER BANKING CUSTOMERS

Retrieved on: 
Monday, June 13, 2022
Permian, SAN, Frost Bank, Grace, CFR, Frost, Insurance, ATM, NYSE, Retail banking, Investment, NSF, Bank

At the same time, Frost announced it would eliminate fees on nonsufficient and returned items for all consumer customers.

Key Points: 
  • At the same time, Frost announced it would eliminate fees on nonsufficient and returned items for all consumer customers.
  • Introduced in April 2021, overdraft grace positioned the Frost Personal Account and Frost Plus Account well ahead of accounts at other banks, which on average charge a $35 overdraft fee even on overdrafts as low as $6, or make customers earn an overdraft grace through tenure or credit rating.
  • Since 2021, overdraft grace has helped more than 64,000 families obtain needed goods and services without incurring a fee.
  • "Combined, the expansion of these features means Frost expects to forgo as much as $3.5 million per year," said Jimmy Stead, Chief Consumer Banking Officer.