Zacks Research Has Bullish Forecast for CFR Q2 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities research analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Cullen/Frost Bankers in a report 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 prior forecast 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.

Several other analysts have also issued reports on the company. Jefferies Financial Group assumed coverage on Cullen/Frost Bankers in a research note on Wednesday. They issued an "underperform" rating and a $105.00 target price for the company. Barclays lifted their target price on shares of Cullen/Frost Bankers from $130.00 to $135.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Stephens boosted their price target on shares of Cullen/Frost Bankers from $138.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Royal Bank of Canada reduced their price objective 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, Evercore ISI raised Cullen/Frost Bankers from an "underperform" rating to an "in-line" rating and set a $132.00 target price for the company in a research note on Friday, May 2nd. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $131.93.

Cullen/Frost Bankers Price Performance

CFR opened at $127.23 on Friday. The stock has a market capitalization of $8.18 billion, a P/E ratio of 14.34, a PEG ratio of 6.46 and a beta of 0.67. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.06. Cullen/Frost Bankers has a 12-month low of $94.09 and a 12-month high of $147.64. The stock has a 50-day moving average price of $119.59 and a 200-day moving average price of $131.15.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last announced its earnings results on Thursday, May 1st. The bank reported $2.30 earnings per share (EPS) 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 company had revenue of $560.42 million during the quarter, compared to analyst estimates of $540.57 million. During the same period in the previous year, the business earned $2.15 earnings per share.

Cullen/Frost Bankers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.00 per share. This is a positive change from Cullen/Frost Bankers's previous quarterly dividend of $0.95. The ex-dividend date is Friday, May 30th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.14%. Cullen/Frost Bankers's payout ratio is presently 43.91%.

Insider Activity

In related news, CAO Matthew Bradley Henson acquired 1,870 shares of Cullen/Frost Bankers stock in a transaction that occurred on Friday, May 2nd. The stock was bought at an average price of $16.93 per share, with a total value of $31,659.10. Following the transaction, the chief accounting officer now directly owns 5,545 shares in the company, valued at approximately $93,876.85. This represents a 50.88% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.89% of the company's stock.

Hedge Funds Weigh In On Cullen/Frost Bankers

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Cullen/Frost Bankers by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 6,375,303 shares of the bank's stock worth $855,884,000 after buying an additional 66,243 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of Cullen/Frost Bankers by 5.7% in the 1st quarter. Boston Trust Walden Corp now owns 1,112,477 shares of the bank's stock worth $139,282,000 after purchasing an additional 60,187 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Cullen/Frost Bankers by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,057,294 shares of the bank's stock worth $132,365,000 after purchasing an additional 30,709 shares in the last quarter. Northern Trust Corp increased its stake in Cullen/Frost Bankers by 8.0% in the 1st quarter. Northern Trust Corp now owns 1,051,168 shares of the bank's stock worth $131,606,000 after buying an additional 77,592 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Cullen/Frost Bankers by 122,282.2% in the 1st quarter. GAMMA Investing LLC now owns 1,005,982 shares of the bank's stock worth $125,949,000 after buying an additional 1,005,160 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company's stock.

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.

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