{"schema_version":"secwatch.filing_event.v1","accession":"0000039263-24-000002","form_type":"8-K","ticker":"CFR","cik":"0000039263","company_name":"CULLEN/FROST BANKERS, INC.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.605571+00:00","generated_at":"2026-06-06T18:40:58.489327+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Cullen/Frost Q4 net income $100.9M (adj $141.6M), EPS $1.55; declares $0.92 dividend, $150M buyback","bullets":["Net income available to common shareholders for Q4 2023 was $100.9M, impacted by $51.5M FDIC surcharge; adjusted net income would be $141.6M.","EPS for Q4 2023 was $1.55 per diluted common share; adjusted EPS would be $2.18, down 25.1% from Q4 2022.","Annual 2023 net income available to common shareholders was $591.3M, up 3.3% from 2022; adjusted $632.0M, up 10.4%.","Board declared $0.92 per common share dividend and approved $150M share repurchase program expiring Jan 24, 2025.","Average loans for Q4 2023 were $18.6B, up 9.1% YoY; average deposits $41.2B, down 8.0% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000039263-24-000002","json":"https://secwatch.observer/filing/0000039263-24-000002.json","markdown":"https://secwatch.observer/filing/0000039263-24-000002.md","text":"https://secwatch.observer/filing/0000039263-24-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39263/000003926324000002/0000039263-24-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39263/000003926324000002/cfr-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:40:58.489327+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":"e0e191486a1170134b90d73f13178312ab2fec54","claim":"CULLEN/FROST BANKERS, INC. reported financial results for the quarter and year ended December 31, 2023.","evidence_excerpt":"Attached as Exhibit 99.1 and incorporated into this item by reference is a press release issued by the Registrant on January 25, 2024 regarding its financial results for the quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39263/000003926324000002/0000039263-24-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"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"}