Cullen/Frost Bankers, Inc. (CFR.PB) balance sheet

CFR.PBNYSENational Commercial BanksFiscal year ends December 31Also trades as CFR

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 10/3027% above fair value

$15.26−0.20 (-1.29%)

Close on Oct 30, 2026Market cap $9.79BP/E 14.6Yield 2.51%

Cullen/Frost Bankers, Inc. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	Q3 2026 2026-09-30	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q3 2025 2025-09-30	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q3 2024 2024-09-30	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q3 2023 2023-09-30	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q3 2022 2022-09-30	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q1 2021 2021-03-31	Q4 2020 2020-12-31	Q3 2020 2020-09-30	Q2 2020 2020-06-30	Q1 2020 2020-03-31	Q4 2019 2019-12-31	Q3 2019 2019-09-30	Q2 2019 2019-06-30	Q1 2019 2019-03-31	Q4 2018 2018-12-31	Q3 2018 2018-09-30	Q2 2018 2018-06-30	Q1 2018 2018-03-31	Q4 2017 2017-12-31	Q3 2017 2017-09-30	Q2 2017 2017-06-30	Q1 2017 2017-03-31	Q4 2016 2016-12-31
Cash & Equivalents	7,102	6,467	7,144	8,874	7,940	7,116	7,853	10,234	9,198	7,145	8,465	8,687	7,618	7,107	9,302	12,028	13,633	13,659	14,457	16,583	16,254	15,184	11,802	10,289	–	–	–	3,788	–	–	–	–	–	–	–	–	–	–	–	–
Cash & Short-Term Investments	7,102	6,467	7,144	8,874	7,940	7,116	7,853	10,234	9,198	7,145	8,465	8,687	7,618	7,107	9,302	12,028	13,633	13,659	14,457	16,583	16,254	15,184	11,802	10,289	–	–	–	3,788	–	–	–	–	–	–	–	–	–	–	–	–
Property, Plant & Equipment	1,392	1,370	1,332	1,313	1,294	1,277	1,273	1,245	1,229	1,221	1,211	1,190	1,167	1,154	1,131	1,103	1,069	1,046	1,046	1,050	1,023	1,032	1,041	1,046	1,055	1,044	1,036	1,012	988	915	750	552	541	540	521	521	521	520	521	526
Gross Property, Plant & Equipment	–	–	–	1,771	–	–	–	1,695	–	–	–	1,584	–	–	–	1,466	–	–	–	1,393	–	–	–	1,348	–	–	–	1,279	–	–	–	803	–	–	–	752	–	–	–	723
Accumulated Depreciation	–	–	–	-458	–	–	–	-450	–	–	–	-394	–	–	–	-364	–	–	–	-342	–	–	–	-302	–	–	–	-267	–	–	–	-251	–	–	–	-231	–	–	–	-197
Land	–	–	–	245	–	–	–	224	–	–	–	192	–	–	–	171	–	–	–	152	–	–	–	129	–	–	–	113	–	–	–	104	–	–	–	107	–	–	–	107
Buildings & Improvements	–	–	–	701	–	–	–	644	–	–	–	582	–	–	–	521	–	–	–	496	–	–	–	459	–	–	–	441	–	–	–	373	–	–	–	380	–	–	–	362
Construction in Progress	–	–	–	44	–	–	–	24	–	–	–	37	–	–	–	40	–	–	–	15	–	–	–	41	–	–	–	44	–	–	–	45	–	–	–	11	–	–	–	20
Operating Lease Right-of-Use Assets	250	253	257	259	–	–	–	270	–	–	–	281	–	–	–	289	287	–	–	281	279	282	288	292	299	305	302	298	300	285	166	171	–	–	–	–	–	–	–	–
Goodwill	–	–	–	–	–	–	–	–	–	–	–	–	–	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655
Intangible Assets	–	–	–	–	–	–	–	–	–	–	–	–	–	0.21	0.29	0.39	0.49	0.59	0.72	0.87	1.02	1.18	1.36	1.56	1.77	1.98	2.22	2.48	2.75	3.02	3.32	3.65	3.98	4.32	4.69	5.07	5.48	5.88	6.32	6.78
Total Assets	54,516	53,881	52,725	53,041	52,533	51,409	52,005	52,520	51,008	48,843	49,505	50,845	48,747	48,597	51,246	52,892	52,946	51,785	51,296	50,878	47,860	46,698	44,047	42,391	40,101	39,378	34,147	34,027	33,098	31,819	31,665	32,293	31,223	30,687	31,459	31,748	30,990	30,206	30,525	30,196
Operating Lease Liabilities	–	–	–	296	–	–	–	–	–	–	–	–	–	–	–	–	320	–	–	313	310	313	319	323	329	335	332	324	325	292	172	174	–	–	–	–	–	–	–	–
Total Liabilities	50,541	49,258	48,194	48,468	48,073	47,209	47,891	48,622	46,873	45,177	45,867	47,129	45,747	45,210	47,778	49,755	50,133	48,438	47,520	46,439	43,488	42,324	39,779	38,098	36,016	35,369	30,321	30,116	29,217	28,078	28,071	28,924	27,915	27,378	28,216	28,450	27,801	26,982	27,427	27,194
Preferred Stock	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	145	0	0	0	144	144	144	144	144	144	144	144	144	144	144	144	144
Common Stock	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64	0.64
Additional Paid-In Capital	1,117	1,111	1,106	1,100	1,089	1,084	1,080	1,076	1,066	1,064	1,060	1,056	1,044	1,041	1,036	1,030	1,019	1,015	1,012	1,010	1,005	1,003	1,000	997	991	989	986	983	978	975	971	967	963	960	957	953	952	949	926	907
Retained Earnings	4,629	4,516	4,411	4,309	4,226	4,120	4,031	3,951	3,889	3,810	3,727	3,658	3,627	3,533	3,429	3,310	3,180	3,070	3,003	2,957	2,920	2,863	2,797	2,751	2,725	2,679	2,636	2,668	2,618	2,558	2,495	2,440	2,369	2,297	2,234	2,187	2,133	2,079	2,032	1,986
Treasury Stock	-313	-298	-208	-140	-76	-9.69	-14	-23	-51	-45	-18	-24	-38	-28	-1.11	0	-3.29	-10	-13	-21	-49	-51	-63	-114	-137	-148	-159	-152	-165	-157	-112	-120	-28	-30	-39	-67	-99	0	0	-10
Comprehensive Income & Other	-1,604	-852	-924	-843	-924	-1,140	-1,129	-1,252	-915	-1,309	-1,276	-1,119	-1,779	-1,305	-1,142	-1,348	-1,529	-874	-372	347	350	413	388	513	505	488	364	267	305	219	94	-64	-141	-63	-53	80	58	51	-5.85	-25
Shareholders' Equity	3,974	4,623	4,531	4,573	4,461	4,200	4,114	3,899	4,135	3,666	3,638	3,716	3,000	3,387	3,468	3,137	2,812	3,347	3,776	4,440	4,372	4,374	4,268	4,293	4,085	4,009	3,827	3,912	3,881	3,739	3,592	3,369	3,308	3,310	3,243	3,298	3,189	3,224	3,097	3,003
Total Equity	3,974	4,623	4,531	4,573	4,461	4,200	4,114	3,899	4,135	3,666	3,638	3,716	3,000	3,387	3,468	3,137	2,812	3,347	3,776	4,440	4,372	4,374	4,268	4,293	4,085	4,009	3,827	3,912	3,881	3,739	3,592	3,369	3,308	3,310	3,243	3,298	3,189	3,224	3,097	3,003
Total Liabilities & Equity	54,516	53,881	52,725	53,041	52,533	51,409	52,005	52,520	51,008	48,843	49,505	50,845	48,747	48,597	51,246	52,892	52,946	51,785	51,296	50,878	47,860	46,698	44,047	42,391	40,101	39,378	34,147	34,027	33,098	31,819	31,665	32,293	31,223	30,687	31,459	31,748	30,990	30,206	30,525	30,196
Loans, Net	23,367	22,692	22,146	21,610	21,165	20,977	20,628	20,485	19,792	19,739	19,138	18,578	18,157	17,513	17,255	16,927	16,716	16,496	16,296	16,088	15,583	16,341	17,628	17,218	17,960	17,722	15,074	14,618	14,498	14,324	14,270	13,968	13,677	13,562	13,214	12,990	12,552	12,363	12,033	11,822
Allowance for Credit Losses	290	284	286	281	280	278	275	270	263	256	250	246	242	234	232	228	234	240	247	249	250	255	261	263	263	250	264	132	137	135	136	132	138	150	150	155	154	150	153	153
Deposits	44,222	43,334	42,836	42,918	42,517	41,684	42,391	42,723	41,721	40,318	40,806	41,921	40,992	40,701	42,184	43,954	46,560	45,602	44,431	42,696	39,613	38,734	36,925	35,016	33,500	32,679	28,141	27,640	27,084	25,985	26,295	27,149	26,349	25,996	26,678	26,872	26,403	25,614	26,142	25,812

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Sep 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 29.5%
Return on equity, FY2025: 15.3%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 14.6
Price to sales: 4.19
Price to book: 2.46
Dividend yield: 2.51%