PREACHING CAUTION: "We are not going to go buy a bunch of loans or go out and get in the national leasing business or something crazy like that," Cullen/Frost CEO Dick Evans says in describing his M&A philosophy.

Cullen/Frost Pays Up for a Chip Off the Old Block

Cullen/Frost Bankers, led by Dick Evans, is breaking into oil-rich west Texas with a deal for WNB Bancshares. The seller was attractive partly because it resembled Cullen/Frost, Evans says.

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