For Q1 FY2026 ended March 31, 2026, Cullen/Frost Bankers reported revenue of $574.8 million, up 6.4% year-over-year. Net income was $171.0 million, a 13.3% increase from the prior year. Diluted EPS rose 15.2% to $2.65. Equity stood at $4.53 billion.
•Revenue increased 6.4% YoY to $574.8 million.
•Net income rose 13.3% YoY to $171.0 million.
•Diluted EPS grew 15.2% to $2.65.
•Equity was $4.53 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Cullen/Frost Bankers is the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions
Treasury management services, as well as consumer banking services, such as checking accounts, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services.
Additionally, it offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services Correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services
Trust, investment, agency, and custodial services for individual and corporate clients. Its portfolio also includes capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance, and support for international business activities
Including foreign exchange, letters of credit, export-import financing, and related activities. Additionally, it offers insurance and securities brokerage services. Its portfolio also includes holding of securities for investment purposes, and investment management services for mutual funds, institutions, and individuals.
The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Founded in 1868, Cullen/Frost Bankers is headquartered in San Antonio, Texas.
Cullen/Frost Bankers, Inc. is the bank holding company for Frost Bank, providing commercial and consumer banking services in Texas. Its commercial offerings include financing for industrial and commercial properties, interim construction loans, equipment financing, inventory and accounts receivable financing, and acquisition financing, along with treasury management services. For consumers, it offers checking accounts, ATMs, overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. The company also provides international banking services such as deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange. Additionally, it offers correspondent banking, trust and investment services, capital market services including sales and trading and underwriting, and insurance and securities brokerage.
Where is Cullen/Frost Bankers (CFR) listed and in which currency?
Cullen/Frost Bankers, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol CFR. Its financials are reported in US Dollars (USD), reflecting its operations in the United States. As a regional bank headquartered in Texas, it primarily serves customers in the US market, and its stock is traded in USD on the NYSE, one of the world's largest stock exchanges.
What sector and industry does Cullen/Frost Bankers (CFR) belong to?
Cullen/Frost Bankers operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank that provides a range of financial services to individuals and businesses in a specific geographic area—in this case, Texas. Regional banks like Cullen/Frost typically focus on relationship-based banking, offering commercial and consumer loans, deposits, and other financial products tailored to local markets, as opposed to large multinational banks.
Where does Cullen/Frost Bankers (CFR) operate and serve its customers?
Cullen/Frost Bankers, through its subsidiary Frost Bank, operates exclusively in the state of Texas, United States. The company provides commercial and consumer banking services to customers across Texas, including financing for industrial and commercial properties, interim construction loans, and various consumer banking products. Its geographic focus on Texas allows it to have deep local market knowledge and strong relationships with businesses and individuals in the region. The company's headquarters are in Texas, and it serves both urban and rural communities within the state.
How does Cullen/Frost Bankers (CFR) generate revenue?
Cullen/Frost Bankers generates revenue primarily through net interest income from its lending activities and fee-based services. On the lending side, it earns interest from commercial loans (including industrial and commercial property financing, equipment loans, and acquisition financing) and consumer loans (such as mortgages, home equity lines, and installment loans). It also earns fees from treasury management services, brokerage services, trust and investment management, capital market activities (including sales and trading, underwriting, and advisory), and international banking services like letters of credit and foreign exchange. Additionally, it generates income from correspondent banking services, securities custody, and insurance brokerage. This diversified revenue stream combines traditional banking with fee-based financial services.