Phil Green – Chairman and CEO Growth good overall “Yes. I think the growth is good overall. As I said, consumer’s up 8. We’re seeing strong commercial real estate growth. There is a lot of activity there. We’re being little … Continued
Phillip Green Customers are moving forward with plans they had delayed “As I have gone around the state, visiting all our locations during the month of December, one thing it was a consistent message was how many customers particular I … Continued
Cullen/Frost Bankers’ (CFR) CEO Phil Green on Q3 2016 Results No material change in energy segments “No material change from prior quarters has occurred in the proportions of energy segments. Energy-related problem loans decreased by $156 million in the third … Continued
Cullen/Frost Bankers’ (CFR) CEO Phil Green on Q2 2016 Results The current level of problems in the energy space remains manageable “At Frost, our typical energy borrower has spent his entire career in the business and many are second or … Continued
Phil Green 49% loan to deposit ratio “our loan to deposit ratio of only 48% down from 80% in 2008. And we will prudently extend this overtime. We’re also solidly asset sensitive and will take great advantage of this as … Continued
Cullen/Frost Bankers’ (CFR) CEO Richard Evans on Q4 2015 Results Breakdown of the energy portfolio “Outstanding energy loans as of December 31 totaled $1.76 billion or approximately 15.3% of total loans. Our energy loan segments at the end of 2015, … Continued
Loan market remains competitive “The loan market continues to be very competitive, our lost loan opportunities show more deals lost to structure the pricing we remain consistent in our underwriting standards and that credit discipline serves as well.” Credit quality … Continued
Richard Evans retiring in March 2016 “I will retire effective March 31, 2016. At that time, Phil Green will become Chairman and CEO and replace me on the board. Over the next eight months, I will work closely with Phil … Continued
Solid ROA, ROE For the first quarter of 2015, return on average assets and average common equity were 1.02% and 10.34%, respectively, compared to 1% and 9.97% reported in the first quarter of 2014.” Consistent loan demand despite energy prices … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Best year ever for … Continued