---
schema_version: "secwatch.filing_event.v1"
accession: "0000039263-26-000004"
form_type: "8-K"
ticker: "CFR"
cik: "0000039263"
company_name: "CULLEN/FROST BANKERS, INC."
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:40:44.393488+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cullen/Frost Q4 2025 EPS $2.56, up 7.4% YoY; board approves $300M buyback

## Summary
- Q4 net income $164.6M ($2.56 diluted EPS) vs $153.2M ($2.36) a year ago, up 7.4%.
- Full-year 2025 diluted EPS $9.92 vs $8.87 in 2024; net interest margin 3.66% vs 3.53%.
- Average loans rose 6.5% YoY to $21.7B; average deposits up 3.5% to $43.3B.
- Board declared $1.00/share dividend (payable 3/13/26) and approved new $300M share repurchase through 1/27/27.
- Net charge-offs $5.8M in Q4; non-accrual loans $70.5M, up from $44.8M in Q3; ACL/loans 1.29%.

## SEC filing metadata
- accession: 0000039263-26-000004
- form_type: 8-K
- ticker: CFR
- cik: 0000039263
- company_name: CULLEN/FROST BANKERS, INC.
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39263/000003926326000004/0000039263-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39263/000003926326000004/cfr-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039263-26-000004
- JSON: https://secwatch.observer/filing/0000039263-26-000004.json
- Plain text: https://secwatch.observer/filing/0000039263-26-000004.txt

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