FY2026 EPS Forecast for Cullen/Frost Bankers Cut by Analyst

Key Points

• Zacks Research cut Cullen/Frost Bankers’ FY2026 EPS forecast to $10.77 from $10.82, below the broader consensus estimate of $10.91, while maintaining a “Hold” rating.
• Analyst sentiment remains mixed: Morgan Stanley upgraded the stock to “overweight” with a $200 target, but the overall consensus is still “Hold,” with an average price target of $166.67.
• Cullen/Frost shares opened at $163.78 and recently reported quarterly EPS of $2.70, beating estimates. The bank also declared a quarterly dividend of $1.03, equivalent to a 2.5% annualized yield.

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities researchers at Zacks Research dropped their FY2026 EPS estimates for shares of Cullen/Frost Bankers in a note issued to investors on Friday, September 4th. Zacks Research analyst Team now expects that the bank will post earnings per share of $10.77 for the year, down from their prior forecast of $10.82. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $10.91 per share. Zacks Research also issued estimates for Cullen/Frost Bankers' Q4 2026 earnings at $2.68 EPS.

Several other equities research analysts have also issued reports on the stock. Morgan Stanley raised shares of Cullen/Frost Bankers from an "underweight" rating to an "overweight" rating and increased their target price for the stock from $141.00 to $200.00 in a research note on Tuesday. Royal Bank Of Canada lifted their price target on Cullen/Frost Bankers from $168.00 to $176.00 and gave the company a "sector perform" rating in a research note on Friday, July 31st. Barclays raised their price objective on Cullen/Frost Bankers from $155.00 to $160.00 and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Jefferies Financial Group upgraded Cullen/Frost Bankers from an "underperform" rating to a "hold" rating and boosted their price objective for the company from $135.00 to $160.00 in a research report on Monday, July 6th. Finally, Cantor Fitzgerald upped their target price on Cullen/Frost Bankers from $158.00 to $175.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 19th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Cullen/Frost Bankers has an average rating of "Hold" and an average target price of $166.67.

Cullen/Frost Bankers Stock Up 0.7%

CFR stock opened at $163.78 on Wednesday. Cullen/Frost Bankers has a one year low of $119.00 and a one year high of $170.80. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.63 and a current ratio of 0.63. The firm's fifty day moving average is $162.66 and its 200 day moving average is $148.20. The firm has a market cap of $10.18 billion, a PE ratio of 15.48, a P/E/G ratio of 2.49 and a beta of 0.52.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last posted its earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.15. Cullen/Frost Bankers had a net margin of 23.34% and a return on equity of 15.55%. The firm had revenue of $576.01 million during the quarter, compared to analysts' expectations of $589.72 million. During the same period in the previous year, the business posted $2.39 EPS.

Hedge Funds Weigh In On Cullen/Frost Bankers

Hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in Cullen/Frost Bankers by 61.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 605,697 shares of the bank's stock valued at $75,833,000 after purchasing an additional 230,993 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Cullen/Frost Bankers by 9.9% during 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. Geneos Wealth Management Inc. boosted its stake in Cullen/Frost Bankers by 40.8% during 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. Invesco Ltd. grew its holdings in shares of Cullen/Frost Bankers by 12.2% during the second quarter. Invesco Ltd. now owns 126,040 shares of the bank's stock worth $16,201,000 after buying an additional 13,718 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Cullen/Frost Bankers by 82.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the bank's stock worth $151,000 after buying an additional 532 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company's stock.

Insider Transactions at Cullen/Frost Bankers

In related news, EVP Carol Severyn sold 837 shares of Cullen/Frost Bankers stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $148.29, for a total value of $124,118.73. Following the sale, the executive vice president directly owned 12,712 shares in the company, valued at approximately $1,885,062.48. The trade was a 6.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.14% of the company's stock.

Cullen/Frost Bankers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.12 dividend on an annualized basis and a yield of 2.5%. Cullen/Frost Bankers's dividend payout ratio (DPR) is currently 38.94%.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.

Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.