Cullen/Frost Bankers (CFR) Projected to Announce Earnings on Thursday

Cullen/Frost Bankers (NYSE:CFR) is expected to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Cullen/Frost Bankers to post earnings of $2.80 per share and revenue of $610.19 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 2:00 PM ET.

Cullen/Frost Bankers (NYSE:CFR) last released its quarterly earnings data on Thursday, July 30th. The bank reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.55 by $0.15. Cullen/Frost Bankers had a net margin of 23.34% and a return on equity of 15.55%. The business had revenue of $576.01 million for the quarter, compared to analysts’ expectations of $589.72 million. During the same quarter last year, the company earned $2.39 EPS. On average, analysts expect Cullen/Frost Bankers to post $10.94 EPS for the current fiscal year and $11.65 EPS for the next fiscal year.

Cullen/Frost Bankers Price Performance

Shares of NYSE:CFR opened at $155.72 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.05. Cullen/Frost Bankers has a 52 week low of $119.14 and a 52 week high of $170.80. The firm’s 50 day moving average is $159.05 and its two-hundred day moving average is $152.41. The firm has a market capitalization of $9.68 billion, a P/E ratio of 14.72, a PEG ratio of 1.81 and a beta of 0.56.

Cullen/Frost Bankers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, August 31st. Cullen/Frost Bankers’s payout ratio is 38.94%.

Analyst Upgrades and Downgrades

CFR has been the subject of a number of research reports. Barclays increased their price target on Cullen/Frost Bankers from $160.00 to $175.00 and gave the company an “equal weight” rating in a research note on Monday, October 5th. Raymond James Financial restated a “market perform” rating on shares of Cullen/Frost Bankers in a research report on Wednesday, July 1st. TD Cowen dropped their price target on Cullen/Frost Bankers from $185.00 to $178.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Keefe, Bruyette & Woods lifted their price objective on shares of Cullen/Frost Bankers from $165.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cullen/Frost Bankers in a report on Tuesday, October 13th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Cullen/Frost Bankers currently has an average rating of “Hold” and a consensus target price of $169.36.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is a financial holding company headquartered in San Antonio, Texas. Its principal subsidiary, Frost Bank, provides banking and financial services to individuals, businesses and institutions throughout Texas.

Frost Bank offers personal and commercial deposit accounts, loans, mortgages, treasury management, payments and other business banking services. The company also provides wealth management, trust and investment services, brokerage services and insurance solutions through its related businesses.

Frost traces its history to 1868, when Thomas Claiborne Frost founded the bank in San Antonio.