Q2 EPS Forecast for Cullen/Frost Bankers Boosted by Analyst

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Stock analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Cullen/Frost Bankers in a research note issued on Thursday, May 22nd. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $2.16 per share for the quarter, up from their previous estimate of $2.13. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q3 2025 earnings at $2.26 EPS, Q4 2025 earnings at $2.11 EPS, FY2025 earnings at $8.83 EPS, Q2 2026 earnings at $2.54 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.17 EPS, FY2026 earnings at $9.07 EPS, Q1 2027 earnings at $2.40 EPS and FY2027 earnings at $9.60 EPS.

Cullen/Frost Bankers (NYSE:CFR) last released its earnings results on Thursday, May 1st. The bank reported $2.30 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.13. Cullen/Frost Bankers had a net margin of 20.44% and a return on equity of 15.95%. The business had revenue of $560.42 million for the quarter, compared to the consensus estimate of $540.57 million. During the same period last year, the firm posted $2.15 earnings per share.

Several other research firms have also weighed in on CFR. Barclays upped their price target on Cullen/Frost Bankers from $130.00 to $135.00 and gave the company an “equal weight” rating in a research report on Friday, May 2nd. Stephens lifted their target price on Cullen/Frost Bankers from $138.00 to $141.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. Morgan Stanley lowered their target price on Cullen/Frost Bankers from $132.00 to $120.00 and set an “underweight” rating on the stock in a research note on Thursday, March 13th. Royal Bank of Canada lowered their target price on Cullen/Frost Bankers from $147.00 to $140.00 and set a “sector perform” rating on the stock in a research note on Friday, May 2nd. Finally, DA Davidson cut Cullen/Frost Bankers from a “buy” rating to a “neutral” rating and lifted their target price for the company from $138.00 to $143.00 in a research note on Monday, February 3rd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $131.93.

Cullen/Frost Bankers Stock Down 0.4%

Shares of NYSE:CFR opened at $126.60 on Friday. The firm has a 50 day simple moving average of $119.67 and a 200 day simple moving average of $131.15. Cullen/Frost Bankers has a 52 week low of $94.09 and a 52 week high of $147.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market cap of $8.14 billion, a PE ratio of 14.27, a price-to-earnings-growth ratio of 6.46 and a beta of 0.67.

Institutional Investors Weigh In On Cullen/Frost Bankers

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. lifted its holdings in Cullen/Frost Bankers by 40.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock worth $46,000 after purchasing an additional 106 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in Cullen/Frost Bankers in the 1st quarter worth approximately $241,000. SCS Capital Management LLC acquired a new stake in Cullen/Frost Bankers in the 1st quarter worth approximately $205,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Cullen/Frost Bankers by 9.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 166,900 shares of the bank’s stock worth $20,896,000 after purchasing an additional 15,063 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI acquired a new stake in Cullen/Frost Bankers in the 1st quarter worth approximately $1,352,000. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cullen/Frost Bankers

In related news, CAO Matthew Bradley Henson bought 1,870 shares of Cullen/Frost Bankers stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of $16.93 per share, for a total transaction of $31,659.10. Following the acquisition, the chief accounting officer now owns 5,545 shares in the company, valued at $93,876.85. This trade represents a 50.88% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.89% of the stock is currently owned by company insiders.

Cullen/Frost Bankers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $1.00 dividend. This is a boost from Cullen/Frost Bankers’s previous quarterly dividend of $0.95. The ex-dividend date is Friday, May 30th. This represents a $4.00 annualized dividend and a dividend yield of 3.16%. Cullen/Frost Bankers’s payout ratio is presently 43.91%.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services.