Professional
Added to YB: 2024-04-26
Pitch date: 2024-04-19
CFR [bullish]
Cullen/Frost Bankers, Inc.
+37.11%
current return
Author Info
No bio for this author
Company Info
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.
Market Cap
$9.1B
Pitch Price
$105.65
Price Target
N/A
Dividend
2.77%
EV/EBITDA
N/A
P/E
14.56
EV/Sales
N/A
Sector
Banks
Category
value
Madison Mid Cap Fund New Portfolio Holding: Cullen/Frost Bankers Inc.
CFR: Added Cullen/Frost Bankers, high-quality Texas regional bank. Excellent historical loan performance & returns on capital. Earnings growth potential from organic growth in underpenetrated local markets. Attractive valuation due to macro headwinds & negative regional bank sentiment. Trimmed Glacier Bancorp to manage overall bank exposure.
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