Frost Bank (CFR)
Financials · regional banks · NYSE
A regional bank holding company providing a comprehensive range of banking, investment, and insurance services, with a deep-rooted operational presence across Texas.
What Frost Bank does
Cullen/Frost Bankers, Inc. is a financial holding company that operates primarily through its subsidiary, Frost Bank. The bank provides a comprehensive suite of commercial and consumer banking, investment, and insurance services, with a concentrated presence in major Texas markets. It offers services including commercial and consumer loans, checking and savings accounts, trust and investment management, and various insurance products.
Themes: commercial banking, wealth management, Texas regional economy, consumer finance, trust services
Fundamentals
- Price$152.36 as of 2026-10-08 close
- Market cap$9.5B as of 2026-07-30 (share count; price 2026-10-08)
- 1-year return+19.5% 2025-10-08 close $127.47 → 2026-10-08 close $152.36
- P/E14.11 as of 2026-10-08
- Net margin+29.0% FY2025, SEC XBRL
- ROE+14.2% FY2025, SEC XBRL
- Debt / equity1.11 as of 2026-09-03
- Revenue growth (YoY)+8.3% FY2025 vs FY2024, SEC XBRL
- Revenue CAGR (3y)+9.6% SEC XBRL
- Beta0.87 as of 2026-09-03
- Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.6%; at least 18 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How CFR compares in its sector
- price-to-earnings ratiomiddle range 513 covered Financials peers, as of 2026-10-08
- net profit marginmiddle range 344 covered Financials peers, as of 2026-09-03
- return on equitytop 25% 559 covered Financials peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 347 covered Financials peers
- indicated dividend yieldmiddle range 468 covered Financials peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)middle range 430 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
CFR is not currently in any published Top 10 list. Its scores are below.
Top 10 score
56.4 #390 of 1,379 scored · #125 of 220 in Financials
Capital return 73rd (consecutive years of dividend increases 18 years, net share count bought back over the year 0.3) and growth 60th (3-year revenue CAGR 9.6%); weakest is financial health (31st, debt to equity 1.1, free cash flow margin 5.7%).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, CFR's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 39%, free-cash-flow payout 201%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout39% dividends / net income
- Free-cash-flow payout201% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Frost Bank looks technically
Frost Bank (CFR) is trading 3.8% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 187 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 2 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 3.8% above its 200-day average, the long-term trend line — a longer-term uptrend | +3.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $161.40 | $161.40 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $146.74 | $146.74 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 27 calendar days ago — the swings before that are what the structure reading is measured on | 27 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 166.75. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 187 trading days ago — a "golden cross", a bullish long-term signal | 187 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control | 33.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 38, neither overbought (above 70) nor oversold (below 30) | 37.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($145.56 to $160.83) — its "stochastic" reading is 45 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 44.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 46 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $170.80 | $170.80 |
|---|---|---|
| From the 52-week high | it is 10.8% below its 52-week high (its highest price of the past year) | -10.8% |
| Above the 52-week low | it is 28.0% above its 52-week low (its lowest price of the past year) | +28.0% |
| Below the 52-week high | it is 10.8% below its highest point of the past year | 10.8% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $170.80 (set on 2026-08-17) | $170.80 |
| Given back of the 52-week move | over the past year its closes ranged ($119.85 to $170.08), and it has given back roughly a third of its rise from last year’s low — 35% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $137.43 to $139.04. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 35.3% |
| From the all-time high | it is 10.8% below its all-time high | -10.8% |
| Nearest price level | it is trading 4.2% above a support level at $145.95 — a price it turned at 9 times since 2024-11-11, most recently on 2026-04-30. Since 2024-10-08 it has 7 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -4.2% |
| All-time low | its lowest closing price on record is $35.40 (set on 2009-03-06) | $35.40 |
| Above the all-time low | it is 330.4% above its all-time low | +330.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 64th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $3.26 between its high and its low — about 2.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $3.26 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $149.27 and $163.88 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $149.27 – $156.57 – $163.88 |
| Typical daily range (% of price) | its price moves about 2.1% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.1% |
| Stretch from the 200-day average | it is trading 1.7 daily ranges above its 200-day average price (3.8% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.08× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.3% since the prior reading | -0.3% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|---|---|
| Since a bullish engulfing | today it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | today |
| Since a bearish engulfing | 3 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 3 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-10-08 0.3% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.3% |
|---|---|---|
| Gap filled | a 2.2% gap up opened on 2026-09-08 has been "filled" 21 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 21 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.9 percentage points (the stock lost 6.9% while the market gained 1.0%) | -7.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 4.7 percentage points (the stock lost 0.9% while the market gained 3.8%) | -4.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 8.6 percentage points (the stock gained 8.9% while the market gained 17.5%) | -8.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 4.5 percentage points (the stock gained 19.5% while the market gained 15.0%) | +4.5% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a fresh 20-day low, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 3.6% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 3.5% of the share price. | -3.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 3% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $148.52 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | +2.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% below the average price paid since it last reported on 2026-07-30 (its 10-Q), so the typical buyer over that stretch is under water. That average is $161.72 — a volume-weighted average of daily closes over 50 sessions, not a true tick-by-tick VWAP. | -5.8% |
Price levels it has turned at before
CFR last closed at $152.36 on 2026-10-08. Since 2024-10-08 it has turned at 7 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $145.95 | Support | 4.2% below the last close | turned there 9 times · 2024-11-11 to 2026-04-30 |
| $163.06 | Resistance | 7.0% above the last close | turned there twice · 2026-07-16 to 2026-08-10 |
| $140.73 | Support | 7.6% below the last close | turned there four times · 2024-12-16 to 2026-05-26 |
| $170.54 | Resistance | 11.9% above the last close | turned there twice · 2026-08-04 to 2026-08-17 |
| $133.51 | Support | 12.4% below the last close | turned there six times · 2025-02-03 to 2026-06-01 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $166.75.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 15 trading days, since 2026-09-18.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Broke down to a new 20-day low · lagging the market · Printed a bullish engulfing pair · Under water since its last earnings report (below the anchored VWAP) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.53 mean, 1=Strong Buy…5=Strong Sell) — 14 analysts
- Mean price target$173.36 range $145.00 – $201.00; median $175.00
Analyst estimates, as of 2026-10-07. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CFR
- Consensus EPS estimate$2.80 next reporting period, as of 2026-10-07
- Estimate change, 30 days+$0.00645 (+0.2%) from $2.79, on 2026-09-02, 35-day window
- Readings revised upward38% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Credit risk associated with loan portfolio performance and economic conditions in Texas","Interest rate fluctuations impacting net interest margins and asset values","Competition from other financial institutions affecting deposit growth and loan pricing"]
What changed in the latest 10-Q
AI-assisted comparison of CFR's 10-Q filed 2026-07-30 against the prior one filed 2026-04-30.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-07-30) updated the operating results reference to cover 'the three and six months ended June 30, 2026', whereas the older filing referenced 'the three months ended March 31, 2026'.
- Newer filing (2026-07-30) expanded the bullet point on technological changes to specify 'advances in artificial intelligence and quantum computing'.
- Newer filing (2026-07-30) added a new paragraph about recent military conflict involving the U.S. and Iran, including direct military actions, attacks affecting commercial shipping in and around the Strait of Hormuz, retaliatory military strikes, and indications that the previously announced ceasefire framework is no longer in effect.
- Removed:
- Older filing (2026-04-30) contained a paragraph stating the U.S. Supreme Court's February 20, 2026 ruling that IEEPA does not authorize presidential tariff authority, which invalidated prior IEEPA-based tariffs; this paragraph is removed in the newer filing.
- Reworded:
- The newer filing (2026-07-30) replaced the older, shorter Iran-related paragraph with a substantially longer paragraph detailing specific military actions (commercial shipping attacks in the Strait of Hormuz, retaliatory strikes, ceasefire framework no longer in effect) and added 'operational risks, including cyber-related incidents' to the list of potential adverse effects.
- The newer filing (2026-07-30) changed the concluding Iran-monitoring sentence to state they may adjust 'risk management, liquidity management, capital planning, and business continuity str[ategies]' (text truncated), whereas the older filing said they would adjust 'risk management and capital planning strategies as appropriate'.
- The newer filing (2026-07-30) appears truncated at the end ('business continuity str'), while the older filing continued with a tariff-related paragraph and a forward-looking statements disclaimer sentence.
- Notes:
- The newer filing text is truncated at the end ('business continuity str'), so the complete version may contain additional changes not captured here.
- Page number references differ (42 in newer vs 36 in older) as a result of document length changes.
Risk Factors
- Reworded:
- The newer filing (2026-07-30) states the stock repurchase table covers 'the three months ended June 30, 2026', while the older filing (2026-04-30) states 'the three months ended March 31, 2026'.
- The newer filing (2026-07-30) repurchase table periods and amounts differ: April 1-30, 2026 (0 shares), May 1-31, 2026 (654,955 shares at $137.42), June 1-30, 2026 (0 shares), total 654,955 shares; the older filing (2026-04-30) periods and amounts are January 1-31, 2026 (72,763 shares), February 1-28, 2026 (189,015 shares), March 1-31, 2026 (257,320 shares), total 519,098 shares.
- The newer filing (2026-07-30) maximum remaining repurchase authority shows $230,003 at April period start, then $140,000; the older filing (2026-04-30) shows $290,000, then $265,000, then $230,003.
- The newer filing (2026-07-30) removes the footnote '(1) Includes repurchases made in connection with the vesting of certain stock compensation awards.' that was present in the older filing (2026-04-30).
- The newer filing (2026-07-30) renumbers the repurchase program footnote from '(2)' to '(1)'.
- The newer filing (2026-07-30) column header 'Total Number of Shares Purchased (1)' drops the footnote reference '(1)' that appeared in the older filing (2026-04-30).
- The newer filing (2026-07-30) signature dates are July 30, 2026; the older filing (2026-04-30) signature dates are April 30, 2026.
- Notes:
- The section labeled 'Risk Factors' in both filings contains only the sentence 'There has been no material change in the risk factors disclosed under Item 1A. of our 2025 Form 10-K.' Changes identified are in adjacent sections (Items 2-6 and Signatures) included in the provided source texts.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 180 days · read to 2026-10-040 buys · 1 sell ($124120) — 1 selling insider
Most recent open-market transaction: 2026-06-12. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CFR's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding CFR as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 10,932,443
- Reported value $1,689,288,991
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 2 increased, 3 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about CFR's institutional holders → See what each manager we track holds →
Short interest (FINRA)
CFR had 4,036,885 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
CFR had 6.50% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 8.18 days to cover at the same settlement.
- Reported short interest (shares) 4,036,885
- Short interest (% of shares outstanding) 6.50%
- Prior settlement (shares) 3,877,479
- Reported change 4.11%
- Days to cover (reported) 8.18
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Comerica (CMA)
- Regions Financial (RF)
- KeyCorp (KEY)
- Zions Bancorporation (ZION)
- Huntington Bancshares (HBAN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CFR vs…
Frost Bank is found in…
Frequently asked questions
What does Frost Bank (CFR) do?
Cullen/Frost Bankers, Inc. is a financial holding company that operates primarily through its subsidiary, Frost Bank. The bank provides a comprehensive suite of commercial and consumer banking, investment, and insurance services, with a concentrated presence in major Texas markets. It offers services including commercial and consumer loans, checking and savings accounts, trust and investment management, and various insurance products.
What sector is Frost Bank (CFR) in?
Frost Bank (CFR) is classified in the Financials sector. Its industry is regional banks. It trades on NYSE.
Does CFR pay a dividend?
Yes — Frost Bank (CFR) pays a dividend, with an indicated yield of about 2.58% and at least 18 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.
Who are Frost Bank's (CFR) competitors?
Notable peers of Frost Bank (CFR) include Comerica, Regions Financial, KeyCorp, Zions Bancorporation and Huntington Bancshares. This peer set is informational only — not financial advice.
Is Frost Bank (CFR) overbought or oversold right now?
Frost Bank (CFR) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 38, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CFR come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.