secwatch.observer — SEC 8-K summary
======================================

Issuer:     CULLEN/FROST BANKERS, INC. (CFR)
CIK:        0000039263
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000039263-26-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39263/000003926326000033/0000039263-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39263/000003926326000033/cfr-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000039263-26-000033

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