Cullen/Frost Bankers, Inc. (CFR)

Cullen/Frost reported strong third-quarter 2025 financial results and fourth-quarter and full-year 2025 results, with net income increasing. The company also reported higher first-quarter 2026 results. The Cullen/Frost board declared a second-quarter cash dividend increase and repurchased shares. Keefe, Bruyette & Woods upgraded Cullen/Frost Bankers' stock rating. Cullen/Frost Bankers announced additions to its Board of Directors. Frost Bank became the official financial literacy partner of the Texas Rangers.

Deposit trends for Cullen/Frost Bankers follow seasonal patterns, suggesting that the demand for their deposit services may fluctuate throughout the year. Its business activities could also be influenced by seasonal economic cycles within Texas.

Cullen/Frost Bankers, Inc. is a financial holding company headquartered in San Antonio, Texas, operating primarily through Frost Bank. The company operates within the commercial banking industry and offers a comprehensive array of financial products and services to individuals, businesses, and institutional clients. Its major products and services include commercial banking, consumer banking, wealth management, insurance, and other services such as mutual funds and leasing. The company serves clients across various sectors, including energy, healthcare, manufacturing, and construction.

Cullen/Frost Bankers, Inc. has a strong geographic focus on Texas, maintaining an extensive network of banking centers and loan-production offices across multiple regions, including Austin, Corpus Christi, Dallas, Fort Worth, the Gulf Coast, Houston, the Permian Basin, the Rio Grande Valley, and San Antonio. The company has been actively expanding its branch network through an organic expansion program.

Cullen/Frost Bankers, Inc., through Frost Bank, has a strong reputation, particularly in Texas. Frost Bank has received the highest ranking for retail banking customer satisfaction in Texas in the J.D. Power U.S. Retail Banking Satisfaction Study for 17 consecutive years. Forbes listed Cullen/Frost Bankers among America's Most Trusted Companies in 2025. The company is known for its conservative credit practices and prudent management and emphasizes an organic growth model and a relationship-focused approach to serving customers.

Cullen/Frost Bankers, Inc. has a shareholder base that is predominantly institutional, with 541 institutional owners holding approximately 84.25% of outstanding shares. Major institutional owners include BlackRock, Inc., and Vanguard Group Inc. Individual ownership, including insiders, accounts for a smaller percentage, with insider ownership at approximately 1.8% of total equity. Jack A. Wood is the largest individual shareholder.