{"schema_version":"secwatch.filing_event.v1","accession":"0000039263-22-000039","form_type":"8-K","ticker":"CFR","cik":"0000039263","company_name":"CULLEN/FROST BANKERS, INC.","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.199378+00:00","generated_at":"2026-06-23T00:21:32.725399+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cullen/Frost Q3 2022 EPS $2.59, up 57% YoY; NIM expands to 3.01%","bullets":["Net income available to common $168.1M ($2.59 diluted EPS) vs $106.3M ($1.65) in Q3 2021, up 57%.","Net interest income (tax-equiv) $379.5M, +40.9% YoY; NIM 3.01% vs 2.47% Q3 2021 and 2.56% Q2 2022.","Average deposits $45.8B (+17.1% YoY); avg loans ex-PPP $16.8B (+13% YoY).","No credit loss expense; net charge-offs $2.9M; non-accrual loans $29.9M, down from $57.1M a year ago.","Board declared Q4 common dividend $0.87/sh, payable Dec 15, 2022 to holders of record Nov 30."],"urls":{"canonical":"https://secwatch.observer/filing/0000039263-22-000039","json":"https://secwatch.observer/filing/0000039263-22-000039.json","markdown":"https://secwatch.observer/filing/0000039263-22-000039.md","text":"https://secwatch.observer/filing/0000039263-22-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39263/000003926322000039/0000039263-22-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39263/000003926322000039/cfr-20221027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:21:32.725399+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eb42caf45ff3364e4ec34af3497268bcbe10c7a1","claim":"CULLEN/FROST BANKERS, INC. reported third quarter 2022 results: revenue $379.5 million, net income $168.1 million, EPS $2.59 per diluted common share.","evidence_excerpt":"compared to 0.90 percent and 9.87 percent, respectively, for the same period a year earlier. For the third quarter of 2022, net interest income on a taxable-equivalent basis was $379.5 million, up 40.9 percent, compared to the same quarter in 2021. Average loans for the third quarter of 2022 increased $633.6 million, or 3.9 percent, to $16.8 billion, from the $16.2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39263/000003926322000039/0000039263-22-000039-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2022"},{"label":"Revenue","value":"$379.5 million"},{"label":"Net income","value":"$168.1 million"},{"label":"EPS","value":"$2.59 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}