Zacks Research Analysts Boost Earnings Estimates for CFR

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Zacks Research increased their Q1 2026 earnings per share estimates for Cullen/Frost Bankers in a research note issued to investors on Thursday, February 19th. Zacks Research analyst Team now anticipates that the bank will post earnings per share of $2.38 for the quarter, up from their prior forecast of $2.36. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q2 2026 earnings at $2.42 EPS, Q3 2026 earnings at $2.45 EPS, Q4 2026 earnings at $2.59 EPS, FY2026 earnings at $9.83 EPS, Q1 2027 earnings at $2.36 EPS, Q2 2027 earnings at $2.38 EPS, Q3 2027 earnings at $2.61 EPS, Q4 2027 earnings at $2.82 EPS, FY2027 earnings at $10.16 EPS and FY2028 earnings at $11.09 EPS.

Cullen/Frost Bankers (NYSE:CFR) last released its quarterly earnings results on Thursday, January 29th. The bank reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.09. Cullen/Frost Bankers had a net margin of 22.21% and a return on equity of 15.49%. The business had revenue of $562.58 million for the quarter, compared to analyst estimates of $578.05 million. During the same period in the previous year, the company earned $2.36 earnings per share.

A number of other analysts also recently commented on CFR. Weiss Ratings restated a “hold (c)” rating on shares of Cullen/Frost Bankers in a research note on Monday, December 29th. DA Davidson boosted their target price on shares of Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Royal Bank Of Canada boosted their price target on Cullen/Frost Bankers from $144.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. TD Cowen reiterated a “positive” rating on shares of Cullen/Frost Bankers in a research report on Monday, February 2nd. Finally, Barclays upped their price target on Cullen/Frost Bankers from $140.00 to $150.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Cullen/Frost Bankers currently has an average rating of “Hold” and an average price target of $140.92.

Cullen/Frost Bankers Stock Up 0.4%

Shares of CFR stock opened at $144.93 on Friday. Cullen/Frost Bankers has a fifty-two week low of $100.31 and a fifty-two week high of $148.97. The stock’s 50-day simple moving average is $136.37 and its 200-day simple moving average is $129.42. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market capitalization of $9.16 billion, a PE ratio of 14.61, a P/E/G ratio of 5.31 and a beta of 0.65.

Institutional Trading of Cullen/Frost Bankers

Several hedge funds have recently modified their holdings of CFR. Norges Bank acquired a new position in Cullen/Frost Bankers during the 4th quarter worth approximately $92,904,000. Two Sigma Investments LP boosted its holdings in Cullen/Frost Bankers by 2,024.4% in the third quarter. Two Sigma Investments LP now owns 373,977 shares of the bank’s stock valued at $47,409,000 after purchasing an additional 356,373 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Cullen/Frost Bankers by 16,676.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 353,470 shares of the bank’s stock valued at $44,760,000 after purchasing an additional 351,363 shares during the last quarter. Impax Asset Management Group plc boosted its holdings in shares of Cullen/Frost Bankers by 58.7% in the 2nd quarter. Impax Asset Management Group plc now owns 822,878 shares of the bank’s stock valued at $104,861,000 after buying an additional 304,491 shares in the last quarter. Finally, Fiera Capital Corp purchased a new position in Cullen/Frost Bankers during the 3rd quarter worth approximately $29,769,000. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Bobby Berman sold 1,000 shares of Cullen/Frost Bankers stock in a transaction on Friday, January 30th. The stock was sold at an average price of $137.07, for a total value of $137,070.00. Following the completion of the sale, the executive vice president directly owned 28,406 shares of the company’s stock, valued at approximately $3,893,610.42. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total value of $88,900.00. Following the transaction, the executive vice president directly owned 3,795 shares in the company, valued at approximately $481,965. The trade was a 15.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,700 shares of company stock valued at $225,970 over the last ninety days. Insiders own 2.89% of the company’s stock.

Cullen/Frost Bankers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, February 27th. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 40.32%.

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.