Cullen/Frost Bankers, Inc. (CFR) Thursday reported a surge in second-quarter earnings to $162.12 million from $119.11 million a year ago. On a per-share basis, earnings were $2.47, up from $1.81 in the prior year. On average, 16 analysts polled by Thomson Reuters expected the company to earn $2.4 per share. Analysts estimates usually exclude special items.
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