SAN ANTONIO (AP) _ Cullen/Frost Bankers Inc. (CFR) on Thursday reported fourth-quarter net income of $103.7 million.

The San Antonio-based bank said it had earnings of $1.60 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share.

For the year, the company reported profit of $443.6 million, or $6.84 per share. Revenue was reported as $1.46 billion.

Cullen/Frost shares have dropped 6% since the beginning of the year. The stock has dropped 8% 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

Automated Insights, source Associated Press News