Highest-materiality recent filing
Cullen/Frost Q2 EPS $2.70, up 13% YoY; loans +7.4%, deposits +2.1%
Net income available to common shareholders $170.4M ($2.70 diluted EPS) vs $155.3M ($2.39) a year ago.
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.
Cullen/Frost Q4 2025 EPS $2.56, up 7.4% YoY; board approves $300M buyback
Q4 net income $164.6M ($2.56 diluted EPS) vs $153.2M ($2.36) a year ago, up 7.4%.
Cullen/Frost Q3 EPS $2.67 vs $2.24 YoY; net income $172.7M up 19%
Net interest income rose 9.1% to $463.7M; avg loans grew 6.8% to $21.5B, avg deposits up 3.3% to $42.1B.
Cullen/Frost Q2 net income $155.3M ($2.39 EPS), up 8% YoY; loans +7.2%
Net income $155.3M, diluted EPS $2.39 vs $2.21 year ago; ROAA 1.22%, ROACE 15.64%.
Cullen/Frost Q1 EPS $2.30 vs $2.06 YoY; raises quarterly dividend 5.3% to $1.00
Net income available to common: $149.3M, up from $134.0M a year ago.
Cullen/Frost Q4 net income $153.2M, EPS $2.36; declares $0.95 dividend and $150M buyback
Q4 net income available to common shareholders $153.2M, up from $100.9M a year ago (includes $51.5M FDIC surcharge in Q4 2023); diluted EPS $2.36 vs $1.55.
Cullen/Frost Bankers announces CFO Dan Geddes' compensation; base salary $500k, equity grant $500k
Dan Geddes appointed Group EVP and CFO effective Jan 1, 2025; annual base salary $500,000.
Cullen/Frost Q3 2024 EPS falls to $2.24 from $2.38 YoY; net interest income up 4.4%
Net income available to common $144.8M, down from $154.0M YoY; diluted EPS $2.24 vs $2.38.
Cullen/Frost Q2 2024 EPS $2.21 down from $2.47 YoY; board raises dividend 3.3% to $0.95
Net income available to common $143.8M ($2.21 diluted EPS) vs $160.4M ($2.47) a year ago.
Cullen/Frost CFO Jerry Salinas to retire Dec 31; Dan Geddes named CFO, Matt Henson CAO
Jerry Salinas, group EVP & CFO, to retire Dec 31, 2024, after 38 years at Frost.
Cullen/Frost Q1 2024 EPS $2.06, down 24% YoY; FDIC assessment hit
Net income available to common $134.0M ($2.06 diluted EPS) vs $175.2M ($2.70) in Q1 2023; adjusted EPS $2.15 excluding $6.1M FDIC assessment.
Cullen/Frost Q4 net income $100.9M (adj $141.6M), EPS $1.55; declares $0.92 dividend, $150M buyback
Net income available to common shareholders for Q4 2023 was $100.9M, impacted by $51.5M FDIC surcharge; adjusted net income would be $141.6M.
Cullen/Frost Q3 EPS $2.38 vs $2.59 YoY; loans up 6.8%, deposits stabilize
Net income to common $154M vs $168.1M in Q3 2022; diluted EPS $2.38 (down 8.1% YoY).
Cullen/Frost Q2 EPS $2.47 beats year ago; dividend raised 5.7% to $0.92
Net income available to common shareholders $160.4M, up 36.5% YoY; diluted EPS $2.47 vs $1.81.
Frost Bank announces major Austin expansion: to double financial centers by 2026
Expansion will double number of financial centers in Austin region to 34 by 2026.
Cullen/Frost Q1 net income $176M, EPS $2.70, up 80% YoY; dividend $0.87
Net income available to common shareholders $176M vs $97.4M YoY; diluted EPS $2.70 (up 80%).
Cullen/Frost Q4 net income $189.5M, EPS $2.91 up 91% YoY; NIM expands to 3.31%
Diluted EPS $2.91 vs $1.54 a year ago; full-year EPS $8.81 vs $6.76 (up 30%).
Cullen/Frost Q3 2022 EPS $2.59, up 57% YoY; NIM expands to 3.01%
Net income available to common $168.1M ($2.59 diluted EPS) vs $106.3M ($1.65) in Q3 2021, up 57%.
Cullen/Frost Q2 EPS $1.81, dividend raised 16% to $0.87
Net income available to common $117.4M ($1.81 diluted EPS) vs $116.4M ($1.80) a year ago.
Cullen/Frost Q1 net income falls to $97.4M ($1.50/sh) from $113.9M; declares $0.75 dividend
Net income available to common $97.4M ($1.50 diluted EPS) vs $113.9M ($1.77) YoY, down 14.5%.
Cullen/Frost Q4 net income $99.4M ($1.54/diluted); declares $0.75 dividend and $100M buyback
Q4 2021 net income available to common $99.4M, up from $88.3M YoY; diluted EPS $1.54 vs. $1.38.
Cullen/Frost Q3 net income rises to $106.3M, EPS $1.65, up from $95.1M; deposits grow 19%
Net income available to common shareholders $106.3M ($1.65 diluted EPS), up from $95.1M ($1.50) a year ago.
Cullen/Frost Q2 net income $116.4M, EPS $1.80; dividend raised 4% to $0.75
Net income available to common shareholders $116.4M vs $93.1M YoY; diluted EPS $1.80 vs $1.47.
announced that Dan Geddes will be appointed to the position of Group Executive Vice President and Chief Financial Officer effective as of January 1, 2025.
On July 1, 2024, the Company announced that Matt Henson will be appointed to the position of Chief Accounting Officer effective as of January 1, 2025.
On July 1, 2024, the Company announced that Dan Geddes will be appointed to the position of Group Executive Vice President and Chief Financial Officer effective as of January 1, 2025.
On July 1, 2024, Jerry Salinas notified Cullen Frost Bankers, Inc. (the “Company”) of his intention to retire as Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company and Frost Bank effective as of December 31, 2024.
On January 24, 2024, the Board of Directors (the "Board") of Cullen/Frost Bankers, Inc. (“Cullen/Frost”) elected Hope Andrade to serve as a director of Cullen/Frost effective immediately.
On January 25, 2023, the Board of Directors (the "Board") of Cullen/Frost Bankers, Inc. (“Cullen/Frost”) elected Jack Willome to serve as a director of Cullen/Frost effective immediately.
On October 26, 2022, the Board of Directors (the "Board") of Cullen/Frost Bankers, Inc. (“Cullen/Frost”) elected Joseph A. Pierce to serve as a director of Cullen/Frost effective immediately.
On January 25, 2022, Ms. Karen E. Jennings notified Cullen/Frost Bankers, Inc. (“Cullen/Frost”) of her decision to retire and not stand for re-election to the Board of Directors of Cullen/Frost (the “Board”) when her term expires at Cullen/Frost’s 2022 Annual Meeting of Shareholders (the “Annual Meeting”) currently scheduled to be held on April 27, 2022.
Also on January 25, 2022, Ms. Ida Clement Steen notified Cullen/Frost of her decision to retire and not stand for re-election to the Board when her term expires at the Annual Meeting currently scheduled to be held on April 27, 2022.
Max materiality 0.90 · Median 0.60 · Most common event earnings