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

Cullen/Frost Bankers (NYSE:CFR) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $2.80 per share and revenue of $610.19 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report 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 (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $576.01 million during the quarter, compared to the consensus estimate of $589.72 million. During the same quarter in the prior year, the firm posted $2.39 earnings per share. 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 Stock Performance

NYSE CFR opened at $158.67 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.63 and a quick ratio of 0.63. Cullen/Frost Bankers has a 1 year low of $119.14 and a 1 year high of $170.80. The company has a market capitalization of $9.86 billion, a PE ratio of 15.00, a P/E/G ratio of 1.83 and a beta of 0.56. The company has a fifty day moving average of $158.49 and a two-hundred day moving average of $148.39.

Cullen/Frost Bankers Dividend Announcement

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

Analysts Set New Price Targets

CFR has been the subject of a number of research analyst reports. Morgan Stanley upped their target price on Cullen/Frost Bankers from $200.00 to $201.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Raymond James Financial restated a “market perform” rating on shares of Cullen/Frost Bankers in a research note on Wednesday, July 1st. TD Cowen cut their price target on Cullen/Frost Bankers from $185.00 to $178.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Zacks Research lowered Cullen/Frost Bankers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 3rd. Finally, Jefferies Financial Group upgraded Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and boosted their price objective for the company from $135.00 to $160.00 in a research note on Monday, July 6th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Cullen/Frost Bankers currently has a consensus rating of “Hold” and an average target price of $169.36.

Cullen/Frost Bankers Company Profile

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.