Arfstrom covers the Financial sector, focusing on stocks such as Associated Banc-Corp, First Horizon, and Western Alliance. According to TipRanks, Arfstrom has an average return of 15.3% and a 62.42% success rate on recommended stocks.
In addition to RBC Capital, Cullen/Frost Bankers also received a Hold from Raymond James’s Michael Rose in a report issued on July 1. However, on June 30, Citi assigned a Sell rating to Cullen/Frost Bankers (NYSE: CFR).
Based on Cullen/Frost Bankers’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $574.84 million and a net profit of $170.99 million. In comparison, last year the company earned a revenue of $709.13 million and had a net profit of $150.92 million
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CFR in relation to earlier this year. Last month, Carol Jean Severyn, the GEVP and Chief Risk Officer of CFR sold 837.00 shares for a total of $124,118.73.
