Earnings summaries and quarterly performance for CULLEN/FROST BANKERS.
Executive leadership at CULLEN/FROST BANKERS.
Phillip D. Green
Detailed
Chief Executive Officer
CEO
CE
Coolidge E. Rhodes, Jr.
Detailed
Group Executive Vice President, General Counsel and Corporate Secretary
DJ
Daniel J. Geddes
Detailed
Group Executive Vice President and Chief Financial Officer
JS
Jimmy Stead
Detailed
Group Executive Vice President and Chief Consumer Banking and Technology Officer
PH
Paul H. Bracher
Detailed
President, Group Executive Vice President and Chief Banking Officer
Board of directors at CULLEN/FROST BANKERS.
AR
Anthony R. Chase
Detailed
Director
CW
Charles W. Matthews
Detailed
Lead Independent Director
CM
Chris M. Avery
Detailed
Director
CH
Crawford H. Edwards
Detailed
Director
CJ
Cynthia J. Comparin
Detailed
Director
DJ
David J. Haemisegger
Detailed
Director
HA
Hope Andrade
Detailed
Director
JW
Jack Willome
Detailed
Director
JT
John T. Engates
Detailed
Director
JA
Joseph A. Pierce
Detailed
Director
LB
Linda B. Rutherford
Detailed
Director
SG
Samuel G. Dawson
Detailed
Director
Research analysts who have asked questions during CULLEN/FROST BANKERS earnings calls.
Jon Arfstrom
RBC Capital Markets
6 questions for CFR
Also covers: ALLY, ASB, BFH +24 more
MG
Manan Gosalia
Morgan Stanley
6 questions for CFR
Also covers: CADE, CBC, CFG +17 more
PW
Peter Winter
D.A. Davidson
6 questions for CFR
Also covers: BFIN, BOKF, CFG +12 more
Catherine Mealor
Keefe, Bruyette & Woods
5 questions for CFR
Also covers: ABCB, AUB, CADE +21 more
Ebrahim Poonawala
Bank of America Securities
5 questions for CFR
Also covers: , BK, BMO +31 more
CH
Casey Haire
Jefferies
3 questions for CFR
Also covers: ASB, CADE, EWBC +12 more
Jared Shaw
Barclays
3 questions for CFR
Also covers: ASB, BANC, BKU +23 more
MO
Matt Olney
Stephens Inc.
3 questions for CFR
Also covers: BFST, BOKF, BSVN +20 more
Benjamin Gerlinger
Citigroup Inc.
2 questions for CFR
Also covers: BANC, BKU, BOKF +18 more
CH
Casey Harowith
Autonomous Research
1 question for CFR
DR
David Rochester
Compass Point
1 question for CFR
Also covers: BFH, BKU, EWBC +6 more
MR
Michael Rose
Raymond James Financial, Inc.
1 question for CFR
Also covers: AMTB, BFST, BKU +25 more
WJ
Will Jones
Keefe, Bruyette & Woods (KBW)
1 question for CFR
Also covers: AMRZ, AMTB, CODYY +6 more
Recent press releases and 8-K filings for CFR.
Cullen/Frost Reports Strong Q2 2025 Performance and Updates Full-Year 2025 Guidance
CFR
Earnings
Guidance Update
New Projects/Investments
- Cullen/Frost reported strong second-quarter 2025 results, with average deposits increasing 3.1% to $41.8 billion and average loans growing 7.2% to $21.1 billion year-over-year. The net interest margin percentage improved to 3.67%, up 7 basis points from the previous quarter.
- The company's expansion efforts continue to drive growth, contributing 37% of total loan growth and 44% of total deposit growth year-over-year. These efforts have generated $2.76 billion in deposits and $2.003 billion in loans, and are expected to be accretive to earnings in 2026.
- For full-year 2025, Cullen/Frost updated its guidance, now expecting net interest income growth in the range of 6%-7% (up from 5%-7%) and non-interest income growth between 3.5%-4.5% (up from 2%-3%). This guidance assumes two 25 basis point Fed funds rate cuts in September and October 2025.
- The company maintains a strong capital position with CET1 nearly 14%, prioritizing building its capital base and protecting the dividend, with no current plans for share repurchases.
1 day ago
Cullen Frost Reports Strong Q2 2025 Earnings and Updates Full-Year Guidance
CFR
Earnings
Guidance Update
New Projects/Investments
- Cullen Frost reported Q2 2025 earnings of $2.39 per share, with average deposits growing 3.1% to $41.8 billion and average loans increasing 7.2% to $21.1 billion year-over-year. The net interest margin improved to 3.67% in Q2 2025, up 7 basis points from the prior quarter.
- The company updated its full-year 2025 guidance, now expecting net interest income growth of 6%-7% (up from 5%-7%) and non-interest income growth of 3.5%-4.5% (up from 2%-3%), based on an assumption of two 25 basis point Fed funds rate cuts in September and October.
- Cullen Frost's organic expansion strategy continues to show strong results, having generated $2.76 billion in deposits and $2.003 billion in loans from new locations, and is expected to be accretive to earnings in 2026.
- Management emphasized a focus on building its capital base, with CET1 nearing 14%, and protecting the dividend, while reiterating its strong preference for organic growth over M&A, citing cost efficiency and strategic benefits.
1 day ago
Cullen/Frost Reports Strong Q4 and Full-Year 2025 Results, Declares Dividend, and Authorizes Share Repurchase
CFR
Earnings
Dividends
Share Buyback
- Cullen/Frost Bankers, Inc. reported net income available to common shareholders of $164.6 million and diluted earnings per share of $2.56 for the fourth quarter of 2025, marking increases of 7.4% and 8.5% respectively from the fourth quarter of 2024. For the full year 2025, net income was $641.9 million and diluted EPS was $9.92, up 11.5% and 11.8% over 2024.
- Net interest income on a taxable-equivalent basis increased by 8.6% to $471.2 million in Q4 2025 compared to Q4 2024, with a net interest margin of 3.66%. Average loans grew 6.5% to $21.7 billion and average deposits increased 3.5% to $43.3 billion in Q4 2025 year-over-year.
- The company maintained strong capital ratios, with a Common Equity Tier 1 Risk-Based Capital Ratio of 14.06% and a Total Risk-Based Capital Ratio of 15.95% at December 31, 2025. The allowance for credit losses on loans as a percentage of total loans was 1.29% at year-end 2025.
- The board declared a first-quarter cash dividend of $1.00 per common share and authorized a new $300 million stock repurchase program.
1 day ago
Cullen/Frost Bankers Reports Strong Q4 and Full-Year 2025 Financial Results, Declares Dividend, and Authorizes New Share Repurchase Program
CFR
Earnings
Dividends
Share Buyback
- Cullen/Frost Bankers reported net income available to common shareholders of $164.6 million for the fourth quarter of 2025, an increase of 7.4% compared to the fourth quarter of 2024, and $641.9 million for the full year 2025, up 11.5% from 2024.
- Diluted earnings per common share were $2.56 for Q4 2025, compared to $2.36 for Q4 2024, and $9.92 for full-year 2025, up from $8.87 in 2024.
- The company's board declared a first-quarter cash dividend of $1.00 per common share and authorized a new $300 million stock repurchase program over a one-year period expiring on January 27, 2027.
- Average loans increased by 6.5% to $21.7 billion and average deposits increased by 3.5% to $43.3 billion in the fourth quarter of 2025 compared to the fourth quarter of 2024.
- At December 31, 2025, the Common Equity Tier 1, Tier 1, and Total Risk-Based Capital Ratios were 14.06%, 14.50%, and 15.95%, respectively, exceeding Basel III requirements.
1 day ago
Off The Hook YS Inc. Announces Strategic Partnership with CFR Yacht Sales
CFR
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Off The Hook YS Inc. has formed a strategic partnership with CFR Yacht Sales, a Puerto Rico-based yacht dealer and brokerage, to expand into the Caribbean and Latin American markets.
- This agreement grants Off The Hook preferred access to select pre-owned vessels from CFR Yacht Sales' brokerage and trade activities, along with access to their facilities and inventory in Puerto Rico.
- Off The Hook reported record revenue of $82.6 million for the first nine months of 2025, representing a 19.3% increase year-over-year.
- The company anticipates full-year 2026 revenue to be between $140 million and $145 million.
4 days ago
Cullen/Frost Bankers, Inc. Reports Strong Q3 2025 Earnings and Updates Full-Year Guidance
CFR
Earnings
Guidance Update
Share Buyback
- Cullen/Frost Bankers, Inc. (CFR) reported Q3 2025 earnings of $172.7 million, or $2.67 per share, marking a 19.2% increase from the prior year.
- Average deposits grew 3.3% year-over-year to $42.1 billion, and average loans increased 6.8% year-over-year to $21.5 billion in Q3 2025.
- The company's expansion strategy was accretive by $0.09 per share in Q3 2025, contributing $2.9 billion in deposits and $2.1 billion in loans.
- CFR updated its full-year 2025 guidance, raising expected net interest income growth to 7% to 8% and non-interest income growth to 6.5% to 7.5%.
- During Q3 2025, the company repurchased approximately 549,000 shares for $69.3 million as part of its $150 million approved share repurchase plan.
Oct 30, 2025, 6:00 PM
Cullen/Frost Bankers, Inc. Reports Q3 2025 Results
CFR
Earnings
Guidance Update
Share Buyback
- Cullen/Frost Bankers, Inc. (CFR) reported Q3 2025 earnings of $172.7 million, or $2.67 per share, an increase of 19.2% from the prior year.
- Average deposits grew to $42.1 billion, up 3.3% year-over-year, and average loans increased to $21.5 billion, up 6.8% year-over-year.
- The company's expansion strategy delivered $0.09 of EPS accretion in Q3 2025, with Houston 1.0 generating $0.14 per share.
- The net interest margin percentage was 3.69%, up two basis points from the previous quarter, and management aims to moderate expense growth from high single digits towards mid-single digits for 2026/2027.
Oct 30, 2025, 6:00 PM
Cullen/Frost Reports Strong Q3 2025 Earnings and Declares Dividend
CFR
Earnings
Dividends
- Cullen/Frost Bankers, Inc. reported net income available to common shareholders of $172.7 million for Q3 2025, up from $144.8 million in Q3 2024, with diluted earnings per common share of $2.67 compared to $2.24 a year earlier.
- The company demonstrated solid growth in core banking metrics, with average loans increasing 6.8 percent to $21.5 billion and average deposits rising 3.3 percent to $42.1 billion in Q3 2025 compared to the prior year's third quarter.
- For the first nine months of 2025, net income available to common shareholders reached $477.3 million, a 12.9 percent increase, and diluted EPS was $7.36.
- Cullen/Frost maintained robust capital, with a Common Equity Tier 1 Risk-Based Capital Ratio of 14.14 percent at September 30, 2025, and the board declared a fourth-quarter cash dividend of $1.00 per common share.
Oct 30, 2025, 1:35 PM
Cullen/Frost Bankers Reports Strong Third Quarter 2025 Financial Performance
CFR
Earnings
Dividends
Revenue Acceleration/Inflection
- Cullen/Frost Bankers, Inc. reported net income available to common shareholders of $172.7 million and diluted earnings per share (EPS) of $2.67 for the third quarter of 2025, compared to $144.8 million and $2.24, respectively, for the third quarter of 2024.
- For the first nine months of 2025, net income available to common shareholders was $477.3 million, and diluted EPS was $7.36, representing increases of 12.9% and 13.1% respectively, compared to the same period in 2024.
- Net interest income on a taxable-equivalent basis increased by 9.1% to $463.7 million in Q3 2025 compared to Q3 2024, while non-interest income rose by 10.5% to $125.6 million.
- The company demonstrated improved asset quality, with credit loss expense decreasing significantly to $6.8 million in Q3 2025 from $19.4 million in Q3 2024, and non-accrual loans dropping to $44.8 million at September 30, 2025, from $104.9 million a year earlier.
- Capital ratios remained strong, with Common Equity Tier 1, Tier 1, and Total Risk-Based Capital Ratios at 14.14%, 14.59%, and 16.04% respectively at the end of Q3 2025, all exceeding Basel III minimum requirements. The board also declared a fourth quarter dividend.
Oct 30, 2025, 1:00 PM
Cullen/Frost Bankers, Inc. Provides Q2 2025 Investor Presentation Highlights
CFR
Earnings
New Projects/Investments
Dividends
- Cullen/Frost Bankers, Inc. reported a market capitalization of $8.3 billion, total assets of $51.4 billion, total loans of $21.3 billion, and total deposits of $41.7 billion as of June 30, 2025.
- The company maintains a strong presence in Texas, with 200 financial centers and a 3.8% market share of total Texas deposits as of June 30, 2025, supported by an organic expansion strategy that contributed to more than a fourth of loan growth and more than 15% of deposit growth from 2018 to 2024.
- Cullen/Frost demonstrates robust financial health with capital ratios as of June 30, 2025, including a Common Equity Tier 1 ratio of 13.98% and a Tier 1 Leverage ratio of 8.98%, alongside strong credit quality with approximately 4.5x coverage for non-accrual loans as of Q2-2025.
- The company has a history of 32 consecutive years of dividend increases and consistent profitability, with non-interest income comprising 22.2% of total revenue in the first half of 2025, driven significantly by trust and investment management fees.
Sep 15, 2025, 5:51 PM
Quarterly earnings call transcripts for CULLEN/FROST BANKERS.
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