{"schema_version":"secwatch.filing_event.v1","accession":"0000039263-23-000070","form_type":"8-K","ticker":"CFR","cik":"0000039263","company_name":"CULLEN/FROST BANKERS, INC.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.681254+00:00","generated_at":"2026-06-09T09:04:27.644699+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cullen/Frost Q3 EPS $2.38 vs $2.59 YoY; loans up 6.8%, deposits stabilize","bullets":["Net income to common $154M vs $168.1M in Q3 2022; diluted EPS $2.38 (down 8.1% YoY).","Net interest income (taxable-equiv) $407.4M, up 7.3% YoY; NIM 3.44% vs 3.01% a year ago.","Average loans $18.0B (+6.8% YoY); average deposits $40.8B (-10.9% YoY but -0.4% QoQ).","Non-interest expense rose 13.7% to $293.3M, driven by salary, tech, and marketing investments.","Board declared Q4 cash dividend $0.92 per common share, payable Dec 15 to holders of record Nov 30."],"urls":{"canonical":"https://secwatch.observer/filing/0000039263-23-000070","json":"https://secwatch.observer/filing/0000039263-23-000070.json","markdown":"https://secwatch.observer/filing/0000039263-23-000070.md","text":"https://secwatch.observer/filing/0000039263-23-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000070/0000039263-23-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000070/cfr-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:04:27.644699+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":"70de24301f5e73927c7aee18268105de9b054577","claim":"CULLEN/FROST BANKERS, INC. reported the third quarter of 2023 results: net income $154.0 million, EPS $2.38 per diluted common share.","evidence_excerpt":"Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported third quarter 2023 results. Net income available to common shareholders for the third quarter of 2023 was $154.0 million compared to $168.1 million in the third quarter of 2022. On a per-share basis, net income available to common shareholders for the third quarter of 2023 was $2.38 per diluted common share, compared to $2.59 per diluted common share reported a year earlier","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39263/000003926323000070/0000039263-23-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Net income","value":"$154.0 million"},{"label":"EPS","value":"$2.38 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"}