CULLEN/FROST BANKERS, INC.
Close on Oct 19, 2026
- Market cap
- $9.57B
- P/E (TTM)
- 14.4
- Dividend yield
- 2.58%
About Cullen/Frost Bankers
National Commercial Banks, SIC 6021
Cullen/Frost Bankers, Inc. operates as a financial and bank holding company that delivers consumer and commercial banking, wealth management, and insurance services. Its operations are structured into two reportable operating segments: Banking and Frost Wealth Advisors. Through its sole banking subsidiary, Frost Bank, the company provides deposit accounts, commercial lending, real estate financing, equipment leasing, and treasury management. Additional services include international trade finance, merchant processing, correspondent banking, and consumer credit products such as residential mortgages and home equity loans. Through its non-bank subsidiaries, the organization offers trust administration, investment advisory, institutional brokerage, mutual funds, and commercial and personal property, casualty, and life insurance. It serves individual consumers, corporations, institutional investors, and public sector entities across diverse industries.
The company delivers its banking and financial solutions across Texas, maintaining operations in regions including San Antonio, Austin, Dallas, Fort Worth, Permian Basin, the Gulf Coast, and Houston. Its distribution network includes approximately 204 financial centers and around 1,760 automated-teller machines throughout Texas. Frost Bank also acts as a correspondent institution for approximately 178 financial institutions, primarily Texas banks, and offers international banking services to clients connected to Mexico. Cullen/Frost Bankers, Inc. maintains its corporate headquarters and executive offices in San Antonio, Texas.
Summary of the business section of Cullen/Frost Bankers's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CULLEN/FROST BANKERS, INC.
- Founded
- 1977
- Headquarters
- San Antonio, TX
- Address
- 111 W Houston St 78205
- Phone
- (210) 220-4011
- Website
- frostbank.com
- Employees
- 6,008, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Texas
- Fiscal year ends
- December 31
- Auditor
- Ernst& Young LLP, San Antonio, Texas
Stock & identifiers
- Ticker
- CFR
- Other tickers
- CFR.PB
- Exchange
- NYSE
- Shares outstanding
- 62M, Jul 30, 2026
- Public float
- $8.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 23, 1999; 2-for-1, Jun 24, 1996; 4-for-3, Dec 1, 1981; 4-for-3, Feb 25, 1981
- SEC CIK
- 39263
- CUSIP
- 229899109
- ISIN
- US2298991090
- LEI
- 529900V2E9G9AY665O34
- EIN
- 74-1751768
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Phillip D. Green | Chairman and CEO, Director | 151,217 |
| Carol Jean Severyn | GEVP and Chief Risk Officer | 22,100 |
| Coolidge E. Rhodes JR | Group EVP General Counsel/Sec | 5,400 |
| Paul Bracher | President of CFR | 161,019 |
| Bobby Berman | GEVP Research & Strategy | 48,830 |
| Howard L. Kasanoff | GEVP Chief Credit Officer | 7,821 |
| Annette M. Alonzo | GEVP Chief HR Officer | 36,622 |
| Jimmy Stead | GEVP Chief Consumer Banking | 22,151 |
| Ericka Lynn Pullin | GEVP, Culture & People Dev. | 5,925 |
| Kenneth L. Wilson | GEVP Chief Wealth Officer | 520 |
| Matthew Bradley Henson | Chief Accounting Officer | 6,725 |
| Dan Geddes | GEVP & Chief Financial Officer | 11,116 |
| Candace K. Wolfshohl | GEVP Culture/PeopleDevelopment | 41,253 |
| Jerry Salinas | GEVP and CFO | 63,601 |
| Jeffrey M. Rummel | Director | 0 |
| Cynthia Jane Comparin | Director | 1,000 |
| Marsha McCombs Shields | Director | 0 |
| Crawford H. Edwards | Director | 180,966 |
| David J. Haemisegger | Director | 0 |
| Charles W. Matthews | Director | 3,000 |
| Samuel G. Dawson | Director | 5,606 |
| Linda B. Rutherford | Director | 0 |
| Joseph A. Pierce | Director | 0 |
| Howard Willome John | Director | 9,000 |
| Esperanza Andrade | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Green | $7.63M | $7.44M | $2.15M | $168 | $225 |
| FY2024 Mr. Green | $6.73M | $7.73M | $2.11M | $160 | $145 |
| FY2023 Mr. Green | $6.49M | $6.84M | $1.93M | $125 | $105 |
| FY2022 Mr. Green | $6.37M | $7.63M | $1.97M | $149 | $94 |
| FY2021 Mr. Green | $5.19M | $8.15M | $1.55M | $137 | $117 |
| FY2020 Mr. Green | $3.82M | $3.48M | $1.31M | $92 | $86 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, we employed 6,008 full-time equivalent employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 19, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 16, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 15, 2013 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 11, 2009 | Delisting | Notice of delisting from exchange (Form 25) |
| Aug 15, 2006 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 6, 2005 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 26, 2004 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 1, 1999 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 3, 1998 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 30, 1997 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 13, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |