Equities Analysts Issue Forecasts for CFR Q3 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – DA Davidson raised their Q3 2025 earnings per share (EPS) estimates for shares of Cullen/Frost Bankers in a research note issued to investors on Friday, September 26th. DA Davidson analyst P. Winter now forecasts that the bank will post earnings per share of $2.42 for the quarter, up from their previous estimate of $2.41. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. DA Davidson also issued estimates for Cullen/Frost Bankers’ FY2026 earnings at $9.93 EPS.

CFR has been the topic of several other research reports. Morgan Stanley lifted their price objective on Cullen/Frost Bankers from $125.00 to $136.00 and gave the stock an “underweight” rating in a report on Monday. Cantor Fitzgerald started coverage on Cullen/Frost Bankers in a report on Wednesday, September 10th. They set a “neutral” rating and a $138.00 price objective on the stock. Barclays decreased their price objective on Cullen/Frost Bankers from $155.00 to $145.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. TD Cowen raised Cullen/Frost Bankers to a “strong-buy” rating in a research note on Thursday, September 25th. Finally, Evercore ISI boosted their price target on Cullen/Frost Bankers from $135.00 to $137.00 and gave the company an “in-line” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $137.31.

Cullen/Frost Bankers Price Performance

Shares of NYSE:CFR opened at $126.67 on Monday. Cullen/Frost Bankers has a 1-year low of $100.31 and a 1-year high of $147.64. The firm has a market capitalization of $8.15 billion, a PE ratio of 13.64, a PEG ratio of 2.67 and a beta of 0.74. The business’s 50 day moving average is $128.04 and its 200-day moving average is $125.77. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.05.

Cullen/Frost Bankers (NYSE:CFR) last announced its quarterly earnings data on Thursday, July 31st. The bank reported $2.39 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.11. Cullen/Frost Bankers had a return on equity of 15.46% and a net margin of 21.20%.The company had revenue of $567.83 million for the quarter, compared to analyst estimates of $552.04 million. During the same quarter last year, the firm earned $2.21 EPS.

Hedge Funds Weigh In On Cullen/Frost Bankers

Several institutional investors have recently bought and sold shares of CFR. GAMMA Investing LLC raised its position in Cullen/Frost Bankers by 122,282.2% in the 1st quarter. GAMMA Investing LLC now owns 1,005,982 shares of the bank’s stock valued at $125,949,000 after purchasing an additional 1,005,160 shares during the last quarter. Norges Bank bought a new position in Cullen/Frost Bankers in the 2nd quarter valued at $90,484,000. Impax Asset Management Group plc raised its position in Cullen/Frost Bankers by 350.8% in the 1st quarter. Impax Asset Management Group plc now owns 518,387 shares of the bank’s stock valued at $64,359,000 after purchasing an additional 403,387 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Cullen/Frost Bankers by 61.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 605,697 shares of the bank’s stock valued at $75,833,000 after purchasing an additional 230,993 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its position in Cullen/Frost Bankers by 19.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 711,527 shares of the bank’s stock valued at $89,083,000 after purchasing an additional 114,910 shares during the last quarter. Institutional investors own 86.90% of the company’s stock.

Cullen/Frost Bankers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.00 annualized dividend and a yield of 3.2%. Cullen/Frost Bankers’s payout ratio is currently 43.06%.

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.