Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%fxcue.com

(fxcue news) - Bank holding company Cullen/Frost Bankers, Inc. (CFR) on Thursday reported that second quarter net income available to common shareholders declined to $143.83 million or $2.21 per share from $160.45 million or $2.47 per share in the prior-year quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of $2.07 per share for the quarter. Analysts' estimates, usually, exclude one-time items. Net interest income on a tax-equivalent basis grew 2.2 percent to $396.71 million from $385.27 million in the year-ago quarter. The company's non-interest income was up 7.4 percent to $111.19 million from $103.53 million in the prior-year quarter. Analysts expected revenues of $515.36 million for the quarter. The Cullen/Frost board declared a 3.3 percent higher second-quarter cash dividend of $0.95 per common share, payable September 13, 2024 to shareholders of record on August 30 of this year. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%

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Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%

Dow Q2 Results Miss Estimates

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EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%

Losses May Accelerate For Singapore Stock Market

Bay Street Likely To Open Weak

FTI Consulting Q2 Results Top Estimates; Boosts FY24 Outlook

Yen Rises Amid BoJ's Rate Hike Speculation

Commodity Currencies Slide Amid Risk Aversion

South Korea GDP Slips 0.2% In Q2

Cullen/Frost Bankers Q2 Profit Tops Estimates; Boosts Dividend 3.3%

Dow Q2 Results Miss Estimates

Please sign in

Trader

EURUSD trading, selling for profit

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

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