Cullen/Frost Bankers, Inc. (CFR.PB) stock
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 profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Cullen/Frost Bankers's profit margin for the twelve months ending Sep 30, 2026 was 29.5%. For fiscal 2025 it was 29.0%, against 28.2% the year before. The highest annual figure on record is 34.7% in fiscal 2018.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 29.0% | +0.8 |
| FY2024 | Dec 31, 2024 | 28.2% | −1.9 |
| FY2023 | Dec 31, 2023 | 30.1% | −4.1 |
| FY2022 | Dec 31, 2022 | 34.1% | +1.8 |
| FY2021 | Dec 31, 2021 | 32.3% | +9.3 |
| FY2020 | Dec 31, 2020 | 23.0% | −9.5 |
| FY2019 | Dec 31, 2019 | 32.4% | −2.3 |
| FY2018 | Dec 31, 2018 | 34.7% | +4.5 |
| FY2017 | Dec 31, 2017 | 30.3% | +3.3 |
| FY2016 | Dec 31, 2016 | 27.0% | +0.8 |
| FY2015 | Dec 31, 2015 | 26.2% | −1.4 |
| FY2014 | Dec 31, 2014 | 27.6% | +1.8 |
| FY2013 | Dec 31, 2013 | 25.8% | −0.9 |
| FY2012 | Dec 31, 2012 | 26.6% | +1.7 |
| FY2011 | Dec 31, 2011 | 25.0% | +0.3 |
| FY2010 | Dec 31, 2010 | 24.7% | +3.1 |
| FY2009 | Dec 31, 2009 | 21.6% | −3.7 |
| FY2008 | Dec 31, 2008 | 25.2% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 29.8% | −0.9 |
| Q2 FY2026 | Jun 30, 2026 | 29.9% | +1.2 |
| Q1 FY2026 | Mar 31, 2026 | 29.7% | +1.8 |
| Q4 FY2025 | Dec 31, 2025 | 28.6% | −0.3 |
| Q3 FY2025 | Sep 30, 2025 | 30.7% | +2.5 |
| Q2 FY2025 | Jun 30, 2025 | 28.7% | +0.1 |
| Q1 FY2025 | Mar 31, 2025 | 27.9% | +0.9 |
| Q4 FY2024 | Dec 31, 2024 | 28.9% | +8.4 |
| Q3 FY2024 | Sep 30, 2024 | 28.3% | −3.4 |
| Q2 FY2024 | Jun 30, 2024 | 28.6% | −4.5 |
| Q1 FY2024 | Mar 31, 2024 | 27.1% | −8.1 |
| Q4 FY2023 | Dec 31, 2023 | 20.4% | −17.5 |
| Q3 FY2023 | Sep 30, 2023 | 31.7% | −5.6 |
| Q2 FY2023 | Jun 30, 2023 | 33.2% | +2.3 |
| Q1 FY2023 | Mar 31, 2023 | 35.2% | +6.9 |
| Q4 FY2022 | Dec 31, 2022 | 37.9% | +9.0 |
| Q3 FY2022 | Sep 30, 2022 | 37.3% | +5.5 |
| Q2 FY2022 | Jun 30, 2022 | 30.8% | −3.0 |
| Q1 FY2022 | Mar 31, 2022 | 28.3% | −6.4 |
| Q4 FY2021 | Dec 31, 2021 | 28.9% | +2.4 |
| Q3 FY2021 | Sep 30, 2021 | 31.8% | +2.8 |
| Q2 FY2021 | Jun 30, 2021 | 33.9% | +5.1 |
| Q1 FY2021 | Mar 31, 2021 | 34.7% | +22.8 |
| Q4 FY2020 | Dec 31, 2020 | 26.5% | −3.5 |
| Q3 FY2020 | Sep 30, 2020 | 29.1% | −3.6 |
| Q2 FY2020 | Jun 30, 2020 | 28.8% | −4.4 |
| Q1 FY2020 | Mar 31, 2020 | 12.0% | −22.0 |
| Q4 FY2019 | Dec 31, 2019 | 29.9% | −5.5 |
| Q3 FY2019 | Sep 30, 2019 | 32.7% | −3.1 |
| Q2 FY2019 | Jun 30, 2019 | 33.2% | −1.3 |
| Q1 FY2019 | Mar 31, 2019 | 33.9% | +0.8 |
| Q4 FY2018 | Dec 31, 2018 | 35.5% | +3.4 |
| Q3 FY2018 | Sep 30, 2018 | 35.8% | +4.8 |
| Q2 FY2018 | Jun 30, 2018 | 34.5% | +5.6 |
| Q1 FY2018 | Mar 31, 2018 | 33.2% | +4.1 |
| Q4 FY2017 | Dec 31, 2017 | 32.0% | +3.6 |
| Q3 FY2017 | Sep 30, 2017 | 31.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 28.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 29.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 28.4% | – |