Zacks Research Issues Optimistic Estimate for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Cullen/Frost Bankers in a research report issued to clients and investors on Friday, September 4th. Zacks Research analyst Team now expects that the bank will post earnings per share of $2.74 for the quarter, up from their prior estimate of $2.70. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $10.91 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q1 2027 earnings at $2.63 EPS, Q3 2027 earnings at $2.73 EPS, Q4 2027 earnings at $2.68 EPS, Q1 2028 earnings at $2.71 EPS, Q2 2028 earnings at $2.55 EPS and FY2028 earnings at $11.33 EPS.

Cullen/Frost Bankers (NYSE:CFR) last posted its quarterly earnings data on Thursday, July 30th. The bank reported $2.70 earnings per share for the quarter, beating 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 company had revenue of $576.01 million during the quarter, compared to analysts’ expectations of $589.72 million. During the same period in the prior year, the company posted $2.39 EPS.

A number of other research firms also recently commented on CFR. Barclays lifted their price target on Cullen/Frost Bankers from $155.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Stephens raised their price objective on Cullen/Frost Bankers from $169.00 to $183.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cullen/Frost Bankers in a report on Wednesday, July 15th. Cantor Fitzgerald boosted their target price on shares of Cullen/Frost Bankers from $158.00 to $175.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group raised shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and increased their target price for the stock from $135.00 to $160.00 in a report on Monday, July 6th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $161.75.

Cullen/Frost Bankers Stock Up 0.2%

Shares of NYSE:CFR opened at $162.89 on Monday. Cullen/Frost Bankers has a 12-month low of $119.00 and a 12-month high of $170.80. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.05. The firm has a market cap of $10.12 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 2.49 and a beta of 0.52. The company has a fifty day simple moving average of $162.48 and a 200 day simple moving average of $148.07.

Hedge Funds Weigh In On Cullen/Frost Bankers

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of Cullen/Frost Bankers in the third quarter worth $28,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Cullen/Frost Bankers during the second quarter worth approximately $37,000. Global Retirement Partners LLC acquired a new position in shares of Cullen/Frost Bankers in the 2nd quarter worth $38,000. Covestor Ltd grew its holdings in shares of Cullen/Frost Bankers by 67.6% in the 4th quarter. Covestor Ltd now owns 248 shares of the bank’s stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Cullen/Frost Bankers during the first quarter worth $41,000. Institutional investors own 86.90% of the company’s stock.

Insider Transactions at Cullen/Frost Bankers

In related news, EVP Carol Severyn sold 837 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $148.29, for a total transaction of $124,118.73. Following the completion of the transaction, the executive vice president owned 12,712 shares in the company, valued at $1,885,062.48. The trade was a 6.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.14% of the stock is owned by corporate insiders.

Cullen/Frost Bankers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. Cullen/Frost Bankers’s dividend payout ratio (DPR) is 38.94%.

Cullen/Frost Bankers Company Profile

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.