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

Cullen/Frost Bankers, Inc. (NYSE:CFR) declared a quarterly dividend on Wednesday, October 28th. Investors of record on Monday, November 30th will be paid a dividend of $1.03 per share by the bank on Tuesday, December 15th. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, November 30th.

Cullen/Frost Bankers has raised its dividend by an average of 0.1% per year 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% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Cullen/Frost Bankers to earn $11.66 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 35.3%.

Cullen/Frost Bankers Price Performance

Shares of CFR opened at $157.76 on Friday. The company has a market cap of $9.80 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 1.83 and a beta of 0.56. Cullen/Frost Bankers has a 1-year low of $119.14 and a 1-year high of $170.80. The company’s fifty day simple moving average is $157.94 and its 200 day simple moving average is $148.72. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.05.

Cullen/Frost Bankers (NYSE:CFR) last released its quarterly earnings data on Thursday, October 29th. The bank reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.80 by $0.04. The firm had revenue of $603.83 million for the quarter, compared to analyst estimates of $610.19 million. Cullen/Frost Bankers had a return on equity of 15.55% and a net margin of 23.34%. During the same quarter in the prior year, the company earned $2.67 earnings per share. On average, research analysts forecast that Cullen/Frost Bankers will post 10.94 earnings per share for the current fiscal year.

More Cullen/Frost Bankers News

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

• Positive Sentiment: Third-quarter earnings beat expectations: Cullen/Frost reported $2.84 in diluted EPS, up from $2.67 a year earlier and above the $2.80 consensus estimate. Net income available to common shareholders increased to $178.5 million from $172.7 million. Cullen/Frost Reports Third Quarter Results
• Positive Sentiment: Loan growth and fee income remained healthy: Average loans rose 9.0% year over year to $23.4 billion, while non-interest income increased 8.2% to $136.0 million. Deposits also grew 3.6% to $43.6 billion on average, supporting the bank’s expansion. Cullen Frost Reports Third Quarter Net Income
• Positive Sentiment: Dividend maintained: The board declared a quarterly common-stock dividend of $1.03 per share, or $4.12 annualized, with payment scheduled for December 15. The Series B preferred dividend was also declared. Fourth Quarter Cash Dividend
• Positive Sentiment: Primary listing will move to the Texas Stock Exchange: CFR plans to transfer its common-stock and preferred-stock listings from the NYSE to TXSE on November 12, while retaining the CFR and CFR.PrB ticker symbols. The move reinforces the company’s Texas identity, although it does not directly change fundamentals. Cullen/Frost to Move Listings to Texas Stock Exchange
• Neutral Sentiment: Analyst forecasts edged higher: Zacks Research raised its FY2026 EPS estimate to $10.80 from $10.77 and maintained a Hold rating, below the broader consensus forecast of $10.94. FY2026 Earnings Forecast for CFR
• Negative Sentiment: Revenue fell short of estimates: Quarterly revenue was $603.83 million versus the $610.19 million consensus. Credit-loss expense was $12.1 million, and net charge-offs totaled $8.4 million, factors investors will monitor for signs of worsening credit quality.

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.