Zacks Research Has Bearish Forecast for CFR Q1 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Equities researchers at Zacks Research dropped their Q1 2026 EPS estimates for shares of Cullen/Frost Bankers in a research note issued on Thursday, November 21st. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $1.97 for the quarter, down from their prior estimate of $1.99. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.71 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q3 2026 earnings at $1.95 EPS and FY2026 earnings at $7.71 EPS.

Several other equities research analysts also recently issued reports on CFR. Compass Point increased their price target on Cullen/Frost Bankers from $111.00 to $122.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Wedbush lowered their target price on Cullen/Frost Bankers from $124.00 to $123.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th. Truist Financial decreased their price objective on shares of Cullen/Frost Bankers from $126.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, September 20th. Maxim Group increased their price target on shares of Cullen/Frost Bankers from $138.00 to $149.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Evercore ISI lowered their price target on shares of Cullen/Frost Bankers from $123.00 to $115.00 and set an “underperform” rating on the stock in a research report on Wednesday, October 2nd. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $123.86.

Cullen/Frost Bankers Stock Up 1.2 %

Shares of NYSE CFR opened at $143.96 on Monday. Cullen/Frost Bankers has a 1 year low of $94.09 and a 1 year high of $147.64. The firm has a market capitalization of $9.23 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 1.72 and a beta of 0.98. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average is $124.07 and its 200-day moving average is $112.13.

Cullen/Frost Bankers (NYSE:CFR) last announced its quarterly earnings results on Thursday, October 31st. The bank reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.07. Cullen/Frost Bankers had a return on equity of 15.82% and a net margin of 18.81%. The firm had revenue of $518.04 million for the quarter, compared to analysts’ expectations of $517.25 million. During the same period in the prior year, the business posted $2.38 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year.

Cullen/Frost Bankers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Friday, November 29th. Cullen/Frost Bankers’s dividend payout ratio (DPR) is 47.15%.

Insider Buying and Selling

In related news, EVP Howard L. Kasanoff sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $138.34, for a total transaction of $553,360.00. Following the completion of the sale, the executive vice president now directly owns 2,888 shares in the company, valued at approximately $399,525.92. The trade was a 58.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Phillip D. Green sold 14,358 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $137.96, for a total transaction of $1,980,829.68. Following the transaction, the chief executive officer now owns 94,423 shares in the company, valued at $13,026,597.08. The trade was a 13.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,864 shares of company stock valued at $2,977,033 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Cullen/Frost Bankers

Large investors have recently added to or reduced their stakes in the stock. CANADA LIFE ASSURANCE Co lifted its position in Cullen/Frost Bankers by 2.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 47,534 shares of the bank’s stock valued at $5,350,000 after buying an additional 967 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Cullen/Frost Bankers by 5.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 36,085 shares of the bank’s stock valued at $4,063,000 after buying an additional 1,906 shares during the period. Janus Henderson Group PLC boosted its holdings in Cullen/Frost Bankers by 18.8% during the 1st quarter. Janus Henderson Group PLC now owns 1,021,559 shares of the bank’s stock valued at $114,994,000 after acquiring an additional 161,580 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Cullen/Frost Bankers by 4.6% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 312,199 shares of the bank’s stock valued at $35,144,000 after acquiring an additional 13,663 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in Cullen/Frost Bankers by 125.2% during the first quarter. Tidal Investments LLC now owns 11,888 shares of the bank’s stock worth $1,338,000 after purchasing an additional 6,610 shares during the period. 86.90% of the stock is currently owned by hedge funds and other institutional investors.

Cullen/Frost Bankers Company Profile

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.