September 28, 2016 4:59 PM ET

Banks

Company Overview of Frost Bank, Inc.

Company Overview

Frost Bank, Inc. provides personal and business banking, investment, and insurance products and services in Texas. The company’s personal banking products and services include certificates of deposits (CDs), gift cards, home loans and equity, personal loans, auto loans, and online and mobile banking services, as well as checking, savings, and money market accounts; investment products and services, such as IRAs and retirement, brokerage accounts, education funding, frost mutual funds, managed accounts, trust and estate planning, frost investment advisors, and online services; and insurance products and services comprising home insurance, auto insurance, life insurance, umbrella insurance, va...

100 West Houston Street

San Antonio, TX 78205

United States

Founded in 1868

Phone:

210-220-4011

Fax:

210-220-5578

Key Executives for Frost Bank, Inc.

Chairman and Chief Executive Officer
Age: 69
President, Group Executive Vice President of Frost Wealth Advisors and Director
Age: 56
Chief Financial Officer and Group Executive Vice President
Age: 57
President of Cullen/Frost Bankers Inc
Age: 61
Senior Executive Vice President and Director of Trust
Compensation as of Fiscal Year 2016.

Frost Bank, Inc. Key Developments

Frost Bank to Expand in Dallas

Frost Bank has announced plans to expand in Dallas. The bank said that it was looking to open three more offices in the Dallas area as early as next year. The new destinations would be Frisco, East Dallas and in the DeSoto-Lancaster area to the south of the metroplex. The bank said that it is looking to open the branches by 2017.

Frost Bank Announces Executive Changes

Frost Bank has announced the appointment of Richard Kardys, group executive vice president, Frost Wealth Advisors, and the executive officer with responsibility for trust and investments since 1980, as the new senior officer of Frost Wealth Advisors and will provide counsel to Pat Frost, who succeeds him. Pat Frost, president of Frost Bank and a director of Cullen/Frost Bankers, Inc., will take over the leadership role for Frost Wealth Advisors from Kardys. Michael Milich, who joined Frost in 2007 as executive vice president and Trust Regional Manager in the Houston region, will move to San Antonio to become senior executive vice president Director of Trust. In his new position, he will be responsible for Frost's trust division statewide. Michael Milich will report to Pat Frost. Vernon Torgerson, who has been with Frost since 1970, continues as senior executive vice president and becomes Wealth Advisor Director. He maintains his responsibility over Frost Investment Advisors, LLC and Frost Brokerage. Vernon Torgerson will also report to Pat Frost.

Frost Bank, Inc. Announces Leadership Changes for Frost Wealth Advisors

On January 6, 2016, Frost Bank announced several leadership changes for Frost Wealth Advisors. The changes are effective April 1, 2016. As a result of the changes, Richard Kardys, group executive vice president, Frost Wealth Advisors, and the executive officer with responsibility for trust and investments since 1980, will become Wealth Advisor Senior Officer and will provide counsel to Pat Frost, president of Frost Bank and a director of Cullen/Frost, who will take over the leadership role for Frost Wealth Advisors from Kardys.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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