DBRS: Cullen/Frost unchanged

DBRS said that the ratings of Cullen/Frost Bankers, Inc., including its issuer and senior debt rating of A, are unaffected by the company's Q3 2009 earnings results.

The trend remains stable.

Cullen/Frost's franchise resides in the state of Texas, which has until recently, avoided much of the severity of the recession, the agency said. Nonetheless, the Texas economy has slowed and unemployment has elevated.

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