This article was coproduced with Williams Equity Research.
Prior to Austin’s emergence as a major job hub, the Frost Bank tower was the city’s tallest building. But then came the Austonian and Independent, along with a plethora of other significantly sized structures.
The once proud Frost Bank tower is now invisible from a cityscape view. Though that’s not necessarily a bad thing for its namesake.
Every single Texas city with more than 100,000 residents has grown in the past decade, especially San Antonio and Austin. They’re usually ranked as the fastest-growing large cities in the nation.
In the midst of that, we find San Antonio-based Cullen/Frost Bankers (CFR) – one of the most solid regional banks covered by Williams Equity Research (WER). A pure play on the great state of Texas, it’s expanding too.
It’s currently No. 1 in deposit market-share in San