Cullen/Frost Bankers (NYSE:CFR) Sets New 12-Month High – Here’s Why

Posted by Brian Himes on Jul 24th, 2026

Cullen/Frost Bankers, Inc. (NYSE:CFR – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $164.00 and last traded at $162.4290, with a volume of 246 shares traded. The stock had previously closed at $162.43.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CFR shares. Barclays raised their target price on shares of Cullen/Frost Bankers from $155.00 to $160.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. DA Davidson boosted their price target on shares of Cullen/Frost Bankers from $143.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Royal Bank Of Canada increased their price objective on shares of Cullen/Frost Bankers from $150.00 to $155.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cullen/Frost Bankers in a research note on Wednesday, July 15th. Finally, Citigroup lifted their target price on shares of Cullen/Frost Bankers from $131.00 to $145.00 and gave the stock a “sell” rating in a report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $152.42.

Check Out Our Latest Research Report on CFR

Cullen/Frost Bankers Trading Down 0.5%

The company has a market capitalization of $10.14 billion, a P/E ratio of 15.72, a PEG ratio of 2.90 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. The business’s 50-day moving average price is $148.22 and its two-hundred day moving average price is $142.40.

Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The bank reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.16. The business had revenue of $574.84 million during the quarter, compared to analysts’ expectations of $587.28 million. Cullen/Frost Bankers had a net margin of 22.86% and a return on equity of 15.58%. During the same quarter in the prior year, the company earned $2.30 EPS. As a group, analysts forecast that Cullen/Frost Bankers, Inc. will post 10.57 EPS for the current fiscal year.

Cullen/Frost Bankers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. This is an increase from Cullen/Frost Bankers’s previous quarterly dividend of $1.00. The ex-dividend date was Friday, May 29th. Cullen/Frost Bankers’s dividend payout ratio is currently 40.12%.

Insider Activity at Cullen/Frost Bankers

In other news, EVP Carol Jean Severyn sold 837 shares of Cullen/Frost Bankers stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $148.29, for a total transaction of $124,118.73. Following the transaction, the executive vice president owned 12,712 shares in the company, valued at $1,885,062.48. The trade was a 6.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.14% of the stock is currently owned by corporate insiders.

Institutional Trading of Cullen/Frost Bankers

Several hedge funds have recently bought and sold shares of CFR. Fulton Bank N.A. lifted its stake in Cullen/Frost Bankers by 13.2% in the second quarter. Fulton Bank N.A. now owns 6,715 shares of the bank’s stock valued at $1,038,000 after buying an additional 784 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Cullen/Frost Bankers by 1.3% during the second quarter. GAMMA Investing LLC now owns 8,323 shares of the bank’s stock worth $1,286,000 after acquiring an additional 109 shares in the last quarter. Carlson Capital L.P. increased its position in shares of Cullen/Frost Bankers by 120.0% during the first quarter. Carlson Capital L.P. now owns 28,818 shares of the bank’s stock worth $3,950,000 after acquiring an additional 15,718 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in shares of Cullen/Frost Bankers during the first quarter worth $25,827,000. Finally, Bank of America Corp DE raised its holdings in shares of Cullen/Frost Bankers by 11.8% during the first quarter. Bank of America Corp DE now owns 1,210,722 shares of the bank’s stock worth $165,966,000 after acquiring an additional 127,483 shares during the period. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Cullen/Frost Bankers Company Profile

(Get Free Report)

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.