Zacks Research Has Bullish Estimate for CFR Q2 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Equities research analysts at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for Cullen/Frost Bankers in a report released on Thursday, November 20th. Zacks Research analyst Team now forecasts that the bank will earn $2.38 per share for the quarter, up from their prior forecast of $2.36. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q3 2026 earnings at $2.38 EPS, Q4 2026 earnings at $2.57 EPS, FY2026 earnings at $9.68 EPS and Q1 2027 earnings at $2.33 EPS.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings results on Thursday, October 30th. The bank reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.29. Cullen/Frost Bankers had a return on equity of 15.46% and a net margin of 21.20%.The firm had revenue of $567.27 million during the quarter, compared to analyst estimates of $565.54 million. During the same quarter in the previous year, the company posted $2.24 earnings per share.

Several other brokerages have also issued reports on CFR. Morgan Stanley upped their target price on Cullen/Frost Bankers from $125.00 to $136.00 and gave the stock an “underweight” rating in a research note on Monday, September 29th. Weiss Ratings restated a “hold (c)” rating on shares of Cullen/Frost Bankers in a report on Monday, November 17th. Citigroup increased their target price on shares of Cullen/Frost Bankers from $112.00 to $114.00 and gave the company a “sell” rating in a report on Friday, October 31st. Raymond James Financial decreased their target price on shares of Cullen/Frost Bankers from $150.00 to $145.00 and set an “outperform” rating on the stock in a research report on Monday, August 4th. Finally, Evercore ISI upped their price target on shares of Cullen/Frost Bankers from $135.00 to $137.00 and gave the company an “in-line” rating in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Cullen/Frost Bankers presently has a consensus rating of “Hold” and an average target price of $136.75.

Cullen/Frost Bankers Stock Performance

Shares of NYSE CFR opened at $123.68 on Monday. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 13.31, a P/E/G ratio of 2.94 and a beta of 0.74. 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 has a 1-year low of $100.31 and a 1-year high of $147.64. The stock’s 50-day moving average is $124.78 and its 200 day moving average is $127.77.

Cullen/Frost Bankers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, November 28th. Cullen/Frost Bankers’s dividend payout ratio (DPR) is 41.15%.

Hedge Funds Weigh In On Cullen/Frost Bankers

Several hedge funds and other institutional investors have recently modified their holdings of CFR. Root Financial Partners LLC bought a new stake in shares of Cullen/Frost Bankers in the third quarter worth about $26,000. GoalVest Advisory LLC bought a new position in Cullen/Frost Bankers during the 3rd quarter valued at approximately $28,000. Advisory Services Network LLC purchased a new stake in Cullen/Frost Bankers in the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. grew its position in shares of Cullen/Frost Bankers by 8,800.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 267 shares of the bank’s stock worth $34,000 after buying an additional 264 shares during the last quarter. Finally, Community Bank N.A. bought a new stake in shares of Cullen/Frost Bankers in the 3rd quarter worth approximately $35,000. 86.90% of the stock is owned by 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.