CFR stock icon

Cullen/Frost Bankers

124.07 USD
+0.82
0.67%
At close Oct 17, 4:00 PM EDT
After hours
124.07
+0.00
0.00%
1 day
0.67%
5 days
6.13%
1 month
12.10%
3 months
9.10%
6 months
15.64%
Year to date
13.89%
1 year
31.89%
5 years
38.36%
 

About: Cullen/Frost is a regional us bank with around $50 billion in assets (as of 2023 year-end), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based approach to banking that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through branch openings. The bank's sweet spot is small to medium-size Texas-based commercial clients.

Employees: 5,495

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1.5% more ownership

Funds ownership: 80.27% [Q1] → 81.77% (+1.5%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

2% less funds holding

Funds holding: 401 [Q1] → 393 (-8) [Q2]

8% less capital invested

Capital invested by funds: $5.8B [Q1] → $5.31B (-$488M) [Q2]

16% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 49

23% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 165

25% less call options, than puts

Call options by funds: $31.9M | Put options by funds: $42.4M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$104
16%
downside
Avg. target
$122
2%
downside
High target
$134
8%
upside

11 analyst ratings

positive
9%
neutral
55%
negative
36%
Evercore ISI Group
John Pancari
77% 1-year accuracy
17 / 22 met price target
7%downside
$115
Underperform
Maintained
2 Oct 2024
Citigroup
Ben Gerlinger
79% 1-year accuracy
19 / 24 met price target
16%downside
$104
Sell
Maintained
30 Sept 2024
Morgan Stanley
Manan Gosalia
79% 1-year accuracy
11 / 14 met price target
6%downside
$117
Underweight
Maintained
30 Sept 2024
Wedbush
David Chiaverini
71% 1-year accuracy
40 / 56 met price target
1%downside
$123
Neutral
Maintained
24 Sept 2024
Truist Securities
Brandon King
98% 1-year accuracy
50 / 51 met price target
1%downside
$123
Hold
Maintained
20 Sept 2024

Financial journalist opinion

Based on 6 articles about CFR published over the past 30 days

Charts implemented using Lightweight Charts™