Cullen/Frost Bankers
About: Cullen/Frost is a regional us bank with around $50 billion in assets (as of 2024 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: 5,854
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
40% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 45
30% more call options, than puts
Call options by funds: $47.3M | Put options by funds: $36.3M
18% more capital invested
Capital invested by funds: $6.31B [Q3] → $7.43B (+$1.12B) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 139
1% more funds holding
Funds holding: 431 [Q3] → 437 (+6) [Q4]
1.76% less ownership
Funds ownership: 88.08% [Q3] → 86.32% (-1.76%) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$140
0%
upside
Avg. target
$144
3%
upside
High target
$148
5%
upside
6 analyst ratings
0 positive
0%
5 neutral
83%
1 negative
17%
Evercore ISI Group John Pancari 89% 1-year accuracy 31 / 35 met price target | 3%upside $144 | Underperform Maintained | 10 Feb 2025 |
Keefe, Bruyette & Woods Catherine Mealor 74% 1-year accuracy 25 / 34 met price target | 5%upside $148 | Market Perform Maintained | 3 Feb 2025 |
DA Davidson Peter Winter 71% 1-year accuracy 12 / 17 met price target | 2%upside $143 | Neutral Downgraded | 3 Feb 2025 |
RBC Capital Jon Arfstrom 85% 1-year accuracy 40 / 47 met price target | 3%upside $144 | Sector Perform Reiterated | 31 Jan 2025 |
Compass Point David Rochester 63% 1-year accuracy 15 / 24 met price target | 3%upside $145 | Neutral Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 10 articles about CFR published over the past 30 days
Neutral
Zacks Investment Research
2 days ago
FHN or CFR: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Banks - Southwest sector might want to consider either First Horizon National (FHN) or Cullen/Frost Bankers (CFR). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
1 week ago
Best Momentum Stocks to Buy for February 10th
BSX, ENVA and CFR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 10, 2025.
Positive
Seeking Alpha
2 weeks ago
Cullen/Frost Bankers: Near-Term Earnings Growth Likely To Be Muted
Cullen/Frost has clocked in a good return since my last piece, outperforming the wider regional bank space as well as certain other Texan banks. Frost is still in expansion mode, with new branch openings contributing to relatively high cost growth guidance this year. While the near-term earnings outlook looks soft, these shares have re-rated back toward their historical average valuation marks. Prospective investors can afford to stay on the sidelines here.
Neutral
Zacks Investment Research
2 weeks ago
FHN vs. CFR: Which Stock Is the Better Value Option?
Investors interested in stocks from the Banks - Southwest sector have probably already heard of First Horizon National (FHN) and Cullen/Frost Bankers (CFR). But which of these two stocks offers value investors a better bang for their buck right now?
Positive
Zacks Investment Research
3 weeks ago
Cullen/Frost Tops on Q4 Earnings on Higher NII & Non-Interest Income
CFR's fourth-quarter 2024 results benefit from increased NII and non-interest income. A decline in expenses is an added advantage.
Neutral
Seeking Alpha
3 weeks ago
Cullen/Frost Bankers, Inc. (CFR) Q4 2024 Earnings Call Transcript
Cullen/Frost Bankers, Inc. (CFR) Q4 2024 Earnings Conference Call January 30, 2024 2:00 PM ET Company Participants A.B. Mendez - SVP, Director of IR Phillip Green - Chairman and CEO Jerry Salinas - Group EVP, CFO Dan Geddes - Incoming CFO Conference Call Participants Manan Gosalia - Morgan Stanley William Jones - KBW Benjamin Gerlinger - Citi Peter Winter - D.A.
Positive
Zacks Investment Research
3 weeks ago
Cullen/Frost (CFR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Cullen/Frost (CFR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 weeks ago
Cullen/Frost Bankers (CFR) Surpasses Q4 Earnings and Revenue Estimates
Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.18 per share a year ago.
Neutral
PRNewsWire
3 weeks ago
CULLEN/FROST REPORTS FOURTH QUARTER AND 2024 ANNUAL RESULTS
Board declares first quarter dividend on common and preferred stock, and authorizes $150 million stock repurchase program SAN ANTONIO , Jan. 30, 2025 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) today reported fourth quarter and full-year results for 2024. Net income available to common shareholders for the fourth quarter of 2024 was $153.2 million, representing a $52.3 million increase compared to $100.9 million reported for the fourth quarter of 2023.
Positive
Seeking Alpha
4 weeks ago
Cullen/Frost Bankers: Tailwinds From Texas Growth And Higher Rates
Cullen/Frost benefits from low funding costs and strong deposit growth, making it a standout among regional banks. CFR's asset sensitivity means it profits more from higher rates, unlike peers who benefit from rate cuts. The bank's expansion in Texas markets has driven significant deposit and loan growth without relying on expensive brokered deposits.
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