Cullen/Frost Bankers (NYSE:CFR) reported quarterly earnings of $2.65 per share which beat the analyst consensus estimate of $2.45 by 8.16 percent. This is a 15.22 percent increase over earnings of $2.30 per share from the same period last year. The company reported quarterly sales of $574.837 million which missed the analyst consensus estimate of $582.297 million by 1.28 percent. This is a 6.41 percent increase over sales of $540.231 million the same period last year.