Cullen/Frost reports Q1 EPS $2.65, up from $2.30 YoY; raises dividend 3% to $1.03

CULLEN/FROST BANKERS, INC.

2026-Q1 EPS reported $2.65 revenue$574,837,000

Net income available to common shareholders $169.3M (+13.4% YoY); diluted EPS $2.65 vs $2.30.
Net interest income (taxable-equivalent) $460.8M, up 5.6% YoY; NIM 3.74% vs 3.60%.
Average loans $22.0B (+5.9% YoY); average deposits $42.2B (+1.4% YoY).
Quarterly common dividend raised 3% to $1.03, payable June 15, 2026 to holders of record May 29.
Repurchased 507,753 shares for $70M in Q1; $230M remaining under $300M authorization expiring Jan 2027.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CULLEN/FROST BANKERS, INC. reported quarter ended March 31, 2026 results: net income $169.3 million, EPS $2.65 per diluted common share.

Period: quarter ended March 31, 2026
Net income: $169.3 million
EPS: $2.65 per diluted common share
Result: reported results

Exact text from the filing

Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported first quarter 2026 results. Net income available to common shareholders for the first quarter of 2026 was $169.3 million, compared to $149.3 million for the first quarter of 2025. On a per-share basis, net income available to common shareholders for the first quarter of 2026 was $2.65 per diluted common share, compared to $2.30 per diluted common share reported a year earlier.

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Source: SEC EDGAR

accession 0000039263-26-000033

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