Looking Into Cullen|Frost Bankers''s Return On Capital Employed
According to Benzinga Pro, during Q2, Cullen|Frost Bankers (NYSE: CFR ) earned $119.11 million, a 20.19% increase from the preceding quarter. Cullen|Frost Bankers also posted a total of $409.30 million in sales, a 9.56% increase since Q1. In Q1, Cullen|Frost Bankers earned $99.10 million, and total sales reached $373.58 million. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth … Full story available on Benzinga.com
Looking Into Cullen|Frost Bankers''s Return On Capital Employed
According to Benzinga Pro, during Q2, Cullen|Frost Bankers (NYSE: CFR ) earned $119.11 million, a 20.19% increase from the preceding quarter. Cullen|Frost Bankers also posted a total of $409.30 million in sales, a 9.56% increase since Q1. In Q1, Cullen|Frost Bankers earned $99.10 million, and total sales reached $373.58 million. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth … Full story available on Benzinga.com