Cullen/ Frost Bankers stock reports higher Q2 earnings

Published on 10/04/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cullen/Frost Bankers stock saw Q2 diluted EPS reach USD 2.70 on July 30, 2026, up 13 percent year over year. Full-year net interest income guidance rose to 4.75 to 5.25 percent.

CFR, US2298991090, Illustration mit AI erstellt.

Cullen/Frost Bankers stock reported second-quarter diluted EPS of USD 2.70, up 13 percent from USD 2.39 a year earlier, while the company carried ISIN US2298991090. The July 30, 2026 results also showed net income of USD 170 million, an increase of 9.7 percent, according to The Globe and Mail. The combination of earnings growth and higher guidance gives the regional bank a clearer operating story ahead of its next report.

Guidance moved higher

Management raised full-year net interest income growth guidance to 4.75 percent to 5.25 percent from 3.5 percent to 5 percent. Average loan growth guidance also increased to 7 percent to 8 percent from 6 percent to 7 percent, while noninterest income guidance moved to 7.5 percent to 8.5 percent from 4 percent to 5 percent, the transcript reported.

The second-quarter net interest margin was 3.75 percent, up from 3.74 percent in the first quarter. Average deposits reached USD 42.6 billion versus USD 41.8 billion in the year-earlier quarter, while average loans rose to USD 22.6 billion from USD 21.1 billion.

Credit risk remains the counterweight

Cullen/Frost also reported USD 114 million of nonperforming assets in the second quarter, up from USD 73 million in the first quarter. Criticized loans moved in the opposite direction, declining to USD 917 million from USD 989 million, making credit quality an important counterweight to the growth figures.

Analyst sentiment is mixed. MarketBeat reports a Hold consensus from 14 analysts, with five Buy ratings, eight Hold ratings and one Sell rating; the average target is USD 166.75. That target lies 7.56 percent above the USD 155.04 reference price.

Analyst target reaches USD 201

Markets Insider reported on September 28, 2026 that Morgan Stanley raised its price target from USD 200 to USD 201 and maintained an Overweight rating. The move contrasts with Evercore ISI, which cut its target from USD 181 to USD 166 on October 1, 2026, according to Markets Insider.

Stock stays below its yearly high

CFR was last at USD 155.04 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up USD 1.56 or 1.02 percent from the prior close. The price stood below the 52-week high of USD 170.80 and above the 52-week low of USD 119.00, while market capitalization was USD 9.6 billion.