Cullen/Frost Bankers, Inc. (CFR) Stock

Cullen/Frost Bankers, Inc. (CFR) is a Financials stock trading at $164.78 (as of 2026-08-20), with a market capitalization of $10.24B and a trailing P/E of 15.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Cullen/Frost Bankers, Inc. is the bank holding company for Frost Bank, providing commercial and consumer banking services in Texas through the Banking and Frost Wealth Advisors segments. It offers business lending and leasing, consumer deposit and loan products, treasury and international banking services, and also provides trust, investment, agency, and custodial services as well as correspondent banking for other financial institutions.

Understand Cullen/Frost Bankers, Inc.: how it makes money

Cullen/Frost Bankers provides commercial and consumer banking services in Texas, making money by financing loans and related banking activities for business and consumer customers.

The profit engine is deploying customer deposits into loans to generate interest income, while managing credit risk so problem loans and non-performing assets stay controlled.

Business quality (Strong): Clear operating focus on credit quality and the deposit to loan funding relationship, but segment revenue by Banking versus Frost Wealth Advisors is not provided here.

Valuation: At 14× earnings, CFR trades 14% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Problem-loan monitoring is available as an explicit operating KPI, which supports disciplined credit tracking: Problem Loans (Risk Grade Ten or Higher) is tracked at 0.99 USD_B, and Non-Performing Loans is shown as 0.0 USD_B in the provided KPI set.
  • Deposit and loan expansion are measurable through cumulative operating KPIs: Expansion Deposits Generated (Cumulative) is 2.76 USD_B, while Expansion Loans Generated (Cumulative) is 2.03 USD_B.

Bear case

  • The presence of higher-risk loans can pressure future results: Problem Loans (Risk Grade Ten or Higher) is 0.99 USD_B in the provided KPI set.
  • Non-performing measures suggest some credit stress to watch: Non-Performing Assets are 0.06 USD_B, even though Non-Performing Loans is shown as 0.0 USD_B in the provided KPI set.
Valuation — source: SEC EDGAR (first-party)
Price$164.78
Market Cap$10.24B
P/E Ratio15.0
EV / EBITDA4.2
Price / Book2.22
Price / Sales4.45
FCF Yield5.3%
DCF Value (model)$229.10
DCF Upside vs Price39.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.24B
Net Margin29.0%
Revenue Growth (YoY)5.3%
EPS Growth (YoY)13.0%
FCF Growth (YoY)-106.2%
Valuation vs Sector & Industry
Stock P/E15.0
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-1.0%
vs Industry16.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($970.50M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOPhillip D. Green
Employees5,854
CountryUS
IPO Date1980-03-17

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CFR earnings history · CFR institutional & insider holders · CFR KPIs & operating metrics · CFR financials · CFR investor presentations & press releases · CFR SEC filings · CFR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.