Here are the DEF 14A proxy statements from Cullen/Frost Bankers Inc. (CFR) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, 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. is asking shareholders to vote at its April 29, 2026 annual meeting on four items: electing 14 directors for one-year terms, a nonbinding say‑on‑pay vote, ratifying Ernst & Young LLP as auditor, and any other proper business. The Board recommends voting FOR the three main proposals.
The company highlights a largely independent Board with a lead independent director, six specialized committees (including Risk and Technology & Cybersecurity), and detailed oversight of risk, compliance, ethics, and sustainability. Director recruitment, evaluation, and refreshment are ongoing, with several new independent directors added in 2025 and 2026.
Executive pay is positioned as strongly performance-based: 83% of the CEO’s and 70% of other named executives’ target compensation is at risk, with a significant long‑term equity component. For 2025, net income available to common shareholders was approximately $642 million, 22% above budget, leading to annual incentives at 122% of target. Shareholders previously supported the pay program, with over 96% approval in the 2025 say‑on‑pay vote.