Zacks Research Issues Pessimistic Estimate for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Research analysts at Zacks Research cut their Q2 2026 earnings estimates for shares of Cullen/Frost Bankers in a note issued to investors on Monday, June 9th. Zacks Research analyst R. Department now expects that the bank will earn $2.48 per share for the quarter, down from their prior estimate of $2.54. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share.

Cullen/Frost Bankers (NYSE:CFR) last announced its earnings results on Thursday, May 1st. The bank reported $2.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.13. The firm had revenue of $560.42 million for the quarter, compared to the consensus estimate of $540.57 million. Cullen/Frost Bankers had a return on equity of 15.95% and a net margin of 20.44%. During the same quarter in the previous year, the business earned $2.15 EPS.

CFR has been the subject of several other reports. Evercore ISI raised Cullen/Frost Bankers from an “underperform” rating to an “in-line” rating and set a $132.00 target price for the company in a research report on Friday, May 2nd. Stephens raised their price objective on shares of Cullen/Frost Bankers from $138.00 to $141.00 and gave the stock an “equal weight” rating in a report on Friday, May 2nd. Barclays boosted their target price on shares of Cullen/Frost Bankers from $130.00 to $135.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. Morgan Stanley reduced their target price on shares of Cullen/Frost Bankers from $132.00 to $120.00 and set an “underweight” rating for the company in a research report on Thursday, March 13th. Finally, Jefferies Financial Group initiated coverage on shares of Cullen/Frost Bankers in a report on Wednesday, May 21st. They issued an “underperform” rating and a $105.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $131.93.

Cullen/Frost Bankers Stock Performance

Shares of Cullen/Frost Bankers stock opened at $126.38 on Thursday. The business’s fifty day simple moving average is $121.62 and its 200 day simple moving average is $129.95. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.06. Cullen/Frost Bankers has a 12 month low of $94.09 and a 12 month high of $147.64. The firm has a market capitalization of $8.12 billion, a P/E ratio of 14.25, a price-to-earnings-growth ratio of 6.46 and a beta of 0.68.

Hedge Funds Weigh In On Cullen/Frost Bankers

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CFR. Alpine Bank Wealth Management bought a new stake in shares of Cullen/Frost Bankers during the 1st quarter valued at about $30,000. eCIO Inc. bought a new stake in Cullen/Frost Bankers during the first quarter valued at approximately $36,000. Blue Trust Inc. grew its stake in Cullen/Frost Bankers by 239.0% in the 4th quarter. Blue Trust Inc. now owns 339 shares of the bank’s stock worth $46,000 after buying an additional 239 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Cullen/Frost Bankers by 40.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock worth $46,000 after buying an additional 106 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Cullen/Frost Bankers by 59.6% in the 1st quarter. UMB Bank n.a. now owns 391 shares of the bank’s stock worth $49,000 after buying an additional 146 shares during the last quarter. 86.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cullen/Frost Bankers

In other news, CAO Matthew Bradley Henson purchased 1,870 shares of the firm’s stock in a transaction dated Friday, May 2nd. The shares were purchased at an average price of $16.93 per share, with a total value of $31,659.10. Following the completion of the acquisition, the chief accounting officer now owns 5,545 shares in the company, valued at $93,876.85. This trade represents a 50.88% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.89% of the company’s stock.

Cullen/Frost Bankers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $1.00 dividend. This is a positive change from Cullen/Frost Bankers’s previous quarterly dividend of $0.95. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Friday, May 30th. Cullen/Frost Bankers’s dividend payout ratio (DPR) is presently 43.91%.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc operates as 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; and treasury management services, as well as originates commercial leasing services.