Cullen/Frost Bankers Q3 earnings beat as rising rates drive higher NII, deposits

Oct. 27, 2022 11:25 AM ETCullen/Frost Bankers, Inc. (CFR)By: Max Gottlich, SA News Editor

Old Fashioned Bank Sign

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Cullen/Frost Bankers (CFR) stock accelerated 3.9% in Thursday morning trading after the regional lender's stronger-than-expected Q3 earnings highlighted growth in net interest income and a bolstered balance sheet.

"Our investments in regional expansion projects, our new residential mortgage

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