Cullen/Frost Bankers, Inc. Declares Quarterly Dividend of $1.03 (NYSE:CFR)

Cullen/Frost Bankers, Inc. (NYSE:CFR) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 31st will be given a dividend of 1.03 per share by the bank on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, August 31st.

Cullen/Frost Bankers has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 32 years. Cullen/Frost Bankers has a payout ratio of 43.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Cullen/Frost Bankers to earn $10.90 per share next year, which means the company should continue to be able to cover its $4.12 annual dividend with an expected future payout ratio of 37.8%.

Cullen/Frost Bankers Price Performance

Shares of CFR stock opened at $163.85 on Friday. The stock’s fifty day simple moving average is $150.97 and its 200 day simple moving average is $143.46. Cullen/Frost Bankers has a one year low of $119.00 and a one year high of $169.09. The firm has a market cap of $10.29 billion, a price-to-earnings ratio of 15.95, a P/E/G ratio of 2.98 and a beta of 0.54. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.65 and a quick ratio of 0.65.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings data on Thursday, July 30th. The bank reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.15. Cullen/Frost Bankers had a return on equity of 15.58% and a net margin of 22.86%.The company had revenue of $608.65 million during the quarter, compared to analysts’ expectations of $589.72 million. During the same period last year, the business earned $2.39 earnings per share. On average, analysts expect that Cullen/Frost Bankers will post 10.57 earnings per share for the current fiscal year.

Key Headlines Impacting Cullen/Frost Bankers

Here are the key news stories impacting Cullen/Frost Bankers this week:

• Positive Sentiment: Q2 earnings and revenue topped expectations. Cullen/Frost reported diluted EPS of $2.70, up from $2.39 a year earlier and above the roughly $2.53-$2.55 analyst consensus. Revenue reached approximately $608.7 million versus expectations of $589.7 million. Cullen/Frost Reports Second Quarter Results
• Positive Sentiment: Core banking trends improved. Net income available to common shareholders increased to $170.4 million from $155.3 million year over year. Net interest income rose 4.3%, average loans grew 7.4% to $22.6 billion, deposits increased 2.1% to $42.6 billion, and non-interest income advanced 9.4%. Cullen/Frost Q2 Net Income Rises
• Positive Sentiment: Management pointed to a record loan pipeline during the earnings call, potentially supporting additional loan growth. The bank also repurchased 654,955 shares for $90 million, which can enhance per-share results. Cullen/Frost Q2 2026 Earnings Call Highlights
• Positive Sentiment: The quarterly dividend was maintained at $1.03 per common share, payable September 15 to shareholders of record August 31, representing an annualized yield of about 2.5%. Cullen/Frost Quarterly Dividend Announcement
• Neutral Sentiment: Analyst sentiment remains cautious. Brokerages currently have an average “Hold” recommendation, suggesting the earnings beat is positive but may already be reflected in CFR’s valuation near its 52-week high. Average Hold Recommendation
• Negative Sentiment: Non-interest expense rose 4.2% year over year to $361.7 million. Investors will also monitor whether the strong loan pipeline converts into actual growth and whether credit costs or funding pressure increase.

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.