Frost Bank reports big gains in second-quarter profits

Cullen/Frost Bankers Inc. reported a 20.2 percent increase in net income for second quarter 2017 compared with the same quarter last year, which it attributed to strong loan growth.
The San Antonio-based bank holding company, which operates Frost Bank, earned $83.5 million, or $1.29 per share, up from $69.5 million, or $1.11 per share, in second quarter 2016, according to its earnings release Thursday.
"We continue to benefit from increases in loan volumes throughout our portfolio, and we’re well-positioned…

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