SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported fourth-quarter profit of $101 million.

The bank, based in San Antonio, said it had earnings of $1.54 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.

For the year, the company reported profit of $443.1 million, or $6.76 per share. Revenue was reported as $1.46 billion.

Cullen/Frost shares have climbed almost 4% since the beginning of the year. The stock has risen 35% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFR at https://www.zacks.com/ap/CFR

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