Zacks Research Has Optimistic Opinion of CFR Q3 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Stock analysts at Zacks Research boosted their Q3 2026 earnings estimates for Cullen/Frost Bankers in a research report issued on Monday, October 26th. Zacks Research analyst Team now forecasts that the bank will post earnings of $2.76 per share for the quarter, up from their prior forecast of $2.74. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $10.94 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q1 2027 earnings at $2.64 EPS, Q2 2027 earnings at $2.42 EPS, Q3 2027 earnings at $2.76 EPS, FY2027 earnings at $10.52 EPS, Q1 2028 earnings at $2.73 EPS, Q2 2028 earnings at $2.56 EPS, Q3 2028 earnings at $3.08 EPS and FY2028 earnings at $11.43 EPS.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings results on Thursday, July 30th. The bank reported $2.70 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 business had revenue of $576.01 million during the quarter, compared to analyst estimates of $589.72 million. During the same period in the previous year, the business posted $2.39 EPS.

A number of other equities analysts have also recently issued reports on the stock. Jefferies Financial Group raised shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and raised their target price for the stock from $135.00 to $160.00 in a report on Monday, July 6th. TD Cowen lowered their target price on Cullen/Frost Bankers from $185.00 to $178.00 and set a “buy” rating for the company in a report on Monday, October 5th. Barclays upped their target price on Cullen/Frost Bankers from $160.00 to $175.00 and gave the company an “equal weight” rating in a report on Monday, October 5th. Cantor Fitzgerald dropped their price target on Cullen/Frost Bankers from $175.00 to $167.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Finally, Royal Bank Of Canada cut their price target on Cullen/Frost Bankers from $176.00 to $175.00 and set a “sector perform” rating on the stock in a report on Friday, October 9th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Cullen/Frost Bankers presently has a consensus rating of “Hold” and an average price target of $169.36.

Cullen/Frost Bankers Price Performance

Shares of NYSE:CFR opened at $158.67 on Tuesday. The company has a market cap of $9.86 billion, a PE ratio of 15.00, a P/E/G ratio of 1.83 and a beta of 0.56. Cullen/Frost Bankers has a fifty-two week low of $119.14 and a fifty-two week high of $170.80. The firm has a 50-day simple moving average of $158.49 and a 200 day simple moving average of $148.39. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.05.

Cullen/Frost Bankers Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. GK Wealth Management LLC acquired a new stake in Cullen/Frost Bankers in the third quarter worth about $32,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Cullen/Frost Bankers during the second quarter valued at approximately $37,000. Global Retirement Partners LLC acquired a new position in shares of Cullen/Frost Bankers during the second quarter valued at approximately $38,000. Measured Wealth Private Client Group LLC bought a new stake in Cullen/Frost Bankers during the first quarter worth approximately $41,000. Finally, GHP Investment Advisors Inc. acquired a new stake in Cullen/Frost Bankers in the first quarter worth approximately $53,000. 86.90% of the stock is owned by institutional investors and hedge funds.

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.