Cullen Frost Bankers Inc. (CFR): Today's Featured Financial Loser

Cullen Frost Bankers ( CFR) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 0.8%. By the end of trading, Cullen Frost Bankers fell 36 cents (-0.7%) to $54.24 on average volume. Throughout the day, 552,851 shares of Cullen Frost Bankers exchanged hands as compared to its average daily volume of 556,300 shares. The stock ranged in price between $54.22-$55.13 after having opened the day at $54.47 as compared to the previous trading day's close of $54.60. Other company's within the Financial sector that declined today were: Carver Bancorp ( CARV), down 11.5%, Crescent Financial ( CRFN), down 10.7%, Ampal-American Israel Corporation ( AMPL), down 8.7%, and WSB Holdings ( WSB), down 8.7%.

Cullen/Frost Bankers, Inc. operates as the holding company for The Frost National Bank that offers commercial and consumer banking, and other financial products and services primarily in Texas. Cullen Frost Bankers has a market cap of $3.38 billion and is part of the banking industry. The company has a P/E ratio of 15, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Monday. Currently there are no analysts that rate Cullen Frost Bankers a buy, three analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Cullen Frost Bankers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Shore ( SHBI), up 17.3%, Colony Bankcorp ( CBAN), up 16.6%, Old Second Bancorp ( OSBC), up 15.9%, and Summit Financial Group ( SMMF), up 13.6%, were all gainers within the financial sector with Wells Fargo ( WFC) being today's featured financial sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
null