secwatch.observer — SEC 8-K summary
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Issuer:     CULLEN/FROST BANKERS, INC. (CFR)
CIK:        0000039263
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000039263-25-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39263/000003926325000056/0000039263-25-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39263/000003926325000056/cfr-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000039263-25-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer