---
schema_version: "secwatch.filing_event.v1"
accession: "0000039263-25-000056"
form_type: "8-K"
ticker: "CFR"
cik: "0000039263"
company_name: "CULLEN/FROST BANKERS, INC."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:21:39.076858+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cullen/Frost Q1 EPS $2.30 vs $2.06 YoY; raises quarterly dividend 5.3% to $1.00

## Summary
- Net income available to common: $149.3M, up from $134.0M a year ago.
- Diluted EPS of $2.30, compared to $2.06 in Q1 2024; ROAA 1.19%, ROACE 15.54%.
- Net interest income (tax-equiv) $436.4M, +6.1% YoY; net interest margin 3.60% vs 3.48%.
- Average loans grew 8.8% YoY to $20.8B; average deposits up 2.3% to $41.7B.
- Board declared Q2 common dividend of $1.00/share, payable June 13 to holders of record May 30.

## SEC filing metadata
- accession: 0000039263-25-000056
- form_type: 8-K
- ticker: CFR
- cik: 0000039263
- company_name: CULLEN/FROST BANKERS, INC.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39263/000003926325000056/0000039263-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39263/000003926325000056/cfr-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039263-25-000056
- JSON: https://secwatch.observer/filing/0000039263-25-000056.json
- Plain text: https://secwatch.observer/filing/0000039263-25-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.