{"schema_version":"secwatch.filing_event.v1","accession":"0000039263-23-000063","form_type":"8-K","ticker":"CFR","cik":"0000039263","company_name":"CULLEN/FROST BANKERS, INC.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.343288+00:00","generated_at":"2026-06-13T01:09:11.992059+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 Q2 EPS $2.47 beats year ago; dividend raised 5.7% to $0.92","bullets":["Net income available to common shareholders $160.4M, up 36.5% YoY; diluted EPS $2.47 vs $1.81.","Net interest income (tax-equiv) $408.6M, up 31.2% YoY; net interest margin 3.45% (2.56% Q2 2022).","Board increases quarterly common dividend 5.7% to $0.92 per share; payable Sep 15, record Aug 31.","Average loans $17.7B (+5.9% YoY); average deposits $41.0B (-8.3% YoY) on rate-driven non-interest bearing deposit declines.","Credit loss expense $9.9M; net charge-offs $9.8M; allowance as % of loans 1.32%."],"urls":{"canonical":"https://secwatch.observer/filing/0000039263-23-000063","json":"https://secwatch.observer/filing/0000039263-23-000063.json","markdown":"https://secwatch.observer/filing/0000039263-23-000063.md","text":"https://secwatch.observer/filing/0000039263-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000063/0000039263-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000063/cfr-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:09:11.992059+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":"af1ccb4f90718c07a0f8510e27a5f89116381046","claim":"CULLEN/FROST BANKERS, INC. reported the quarter ended June 30, 2023 results: net income $160.4 million, EPS $2.47 per diluted common share.","evidence_excerpt":"Net income available to common shareholders for the second quarter of 2023 was $160.4 million compared to $117.4 million in the second quarter of 2022. On a per-share basis, net income available to common shareholders for the second quarter of 2023 was $2.47 per diluted common share, compared to $1.81 per diluted common share reported a year earlier, representing a 36.5 percent increase.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000063/0000039263-23-000063-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$160.4 million"},{"label":"EPS","value":"$2.47 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"}