Every 10-Q that Cullen/Frost Bankers Inc. (CFR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CFR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CFR filings page.
Cullen/Frost Bankers, Inc. reported Q2 2026 net income of 172,059 (dollars in thousands), up from 157,003 in Q2 2025. Net income for the first six months of 2026 was 343,046 versus 307,925 a year earlier. Basic and diluted EPS were 2.70 for Q2 and 5.35 for the six-month period, compared with 2.39 and 4.69 in 2025.
Net interest income rose to 447,728 in Q2 2026 from 429,604, with credit loss expense lower at 9,767 versus 13,129. Non-interest income increased to 128,281, while non-interest expense rose to 361,700. Total assets were 53,881,091 (dollars in thousands) at June 30, 2026, with loans of 22,975,658 and deposits of 43,334,015.
Asset quality metrics show non-accrual loans of 110,150 compared with 70,482 at year-end 2025, and the allowance for credit losses on loans was 283,712 versus 281,495. Capital ratios remained strong: Cullen/Frost’s Common Equity Tier 1 ratio was 13.95% and the total capital ratio 15.74%. Under a 2026 repurchase plan, the company bought back 1,162,708 shares of common stock for 160.0 million during the first half of 2026.
Cullen/Frost Bankers, Inc. reported higher earnings for the three months ended March 31, 2026, as net income rose to $170.99 million from $150.92 million a year earlier and diluted EPS increased to $2.65 from $2.30.
Net interest income grew to $438.52 million while interest expense declined, and credit loss expense fell to $6.75 million. Non-interest income increased, led by trust and investment management fees and deposit service charges. Total loans reached $22.43 billion and deposits were $42.84 billion.
Asset quality remained controlled with non-accrual loans at $72.35 million and an allowance for credit losses on loans of $286.22 million. Capital ratios stayed strong, including a Common Equity Tier 1 ratio of 14.07% and a leverage ratio of 9.13%. The company repurchased 507,753 shares for $70.0 million and paid a $1.00 per share common dividend.
Cullen/Frost Bankers (CFR) reported stronger Q3 2025 results. Net income rose to $174.4 million from $146.5 million a year ago, and diluted EPS increased to $2.67 from $2.24. Net interest income improved to $441.6 million from $404.3 million as total interest income reached $620.1 million and interest expense declined to $178.5 million. Credit loss expense eased to $6.8 million from $19.4 million, while non-interest income grew to $125.6 million and non-interest expense increased to $352.5 million.
On the balance sheet, net loans were $21.17 billion versus $20.48 billion at year-end, and total deposits were $42.52 billion versus $42.72 billion. Available-for-sale securities at fair value were $16.88 billion, contributing to other comprehensive income of $216.1 million in the quarter and lifting accumulated other comprehensive loss to $(924.4) million from $(1,252.0) million. Shareholders’ equity increased to $4.46 billion. Cash and cash equivalents were $7.94 billion. The company repurchased 549,526 shares for $69.8 million and paid a $1.00 common dividend per share; preferred dividends were $1.668 million. As of October 27, 2025, common shares outstanding were 63,941,101.
Cullen/Frost Bankers (CFR) posted solid YoY earnings growth for Q2-25. Net income rose 7.9% to $157.0 mm, driving diluted EPS to $2.39 versus $2.21. Net interest income advanced 8.3% to $429.6 mm as interest expense fell 13.6% to $172.4 mm, offsetting modest loan growth (+2.4% since 12-24 to $21.25 bn) and a 12 bp increase in the credit-loss provision to $13.1 mm. Non-interest income improved 5.5% to $117.3 mm on higher trust, service-charge and insurance fees.
Balance-sheet trends were mixed. Total assets slipped 2.1% since year-end to $51.4 bn, driven by a $3.1 bn draw-down in cash and deposits as excess liquidity was redeployed into AFS securities (+$1.6 bn). Deposits declined 2.4% to $41.68 bn, while repurchase agreements edged up to $4.42 bn. Shareholders’ equity strengthened 7.8% to $4.20 bn as retained earnings grew and AOCI improved by $111.5 mm; nonetheless, unrealized losses on AFS securities remain sizeable at $1.45 bn. The allowance for credit losses on loans stands at 1.31% of loans ($277.8 mm).
Operating efficiency tightened. Non-interest expense increased 9.5% YoY to $347.1 mm, led by wage, technology and benefit costs, pressuring the expense ratio. YTD cash flow was negative $3.1 bn, reflecting heavy securities purchases ($8.3 bn) and a $1.0 bn deposit outflow, partly funded by sale maturities and repo growth. CFR paid $1.00/sh common dividend in Q2 and $1.95/sh YTD, plus $3.3 mm preferred dividends.