Cullen/Frost Bankers (CFR)

Main Plaza Corporation • Frost Insurance Agency, Inc. • Frost Brokerage Services, Inc. • Frost Investment Advisors, LLC • Frost Investment Services, LLC • Tri-Frost Corporation • Carton Service Corporation ...

IRS number

741751768

CFR stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$127.38

Low target

$113.00

High target

$145.00

Keefe, Bruyette & Woods

Wedbush

Maintains

Neutral

$123.00

24 Sep 24

Latest filings (excl ownership)

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8-K/A

Departure of Directors or Certain Officers

31 Oct 24

Cullen/frost Reports Third Quarter Results

31 Oct 24

8-K

Regulation FD Disclosure

25 Jul 24

Cullen/frost Reports Second Quarter Results

25 Jul 24

8-K

Departure of Directors or Certain Officers

1 Jul 24

S-8

Registration of securities for employees

30 Apr 24

8-K

Departure of Directors or Certain Officers

25 Apr 24

Transcripts

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CFR

Earnings call transcript

2024 Q3

31 Oct 24

CFR

Earnings call transcript

2024 Q2

25 Jul 24

CFR

Earnings call transcript

2024 Q1

25 Apr 24

CFR

Earnings call transcript

2023 Q4

25 Jan 24

CFR

Earnings call transcript

2023 Q3

26 Oct 23

CFR

Earnings call transcript

2023 Q2

27 Jul 23

CFR

Earnings call transcript

2023 Q2

27 Jul 23

CFR

Earnings call transcript

2023 Q1

27 Apr 23

CFR

Earnings call transcript

2022 Q4

26 Jan 23

CFR

Earnings call transcript

2022 Q3

27 Oct 22

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

8 Nov 24

13F-HR

Quarterly holdings report by institutional manager

6 Nov 24

Bobby Berman

4 Nov 24

Financial summary

Financial statements Chart CFR financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q2 2024

CFR institutional ownership history Ownership history

82.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	395	406	-2.7%
Opened positions	40	55	-27.3%
Closed positions	51	44	+15.9%
Increased positions	127	135	-5.9%
Reduced positions	165	137	+20.4%

13F shares	Current	Prev Q	Change
Total value	5.19 tn	5.55 tn	-6.4%
Total shares	52.54 mm	51.06 mm	+2.9%
Total puts	362.00 k	288.20 k	+25.6%
Total calls	278.30 k	426.30 k	-34.7%
Total put/call ratio	1.3	0.7	+92.4%

Largest owners	Shares	Value	Change
Vanguard	6.35 mm	$645.15 bn	-0.1%
Aristotle Capital Management	5.98 mm	$607.44 bn	-3.2%
BLK BlackRock	5.80 mm	$589.17 bn	-0.5%
STT State Street	3.49 mm	$354.51 bn	-2.0%
Champlain Investment Partners	3.17 mm	$322.13 bn	-0.7%
FMR	1.61 mm	$164.08 bn	+2.9%
King Luther Capital Management	1.60 mm	$162.84 bn	-13.7%
Neuberger Berman	1.44 mm	$146.18 bn	-2.6%
BAC Bank of America	1.14 mm	$115.37 bn	-0.9%
Montrusco Bolton Investments	1.10 mm	$111.53 bn	+54.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	389.77 k	+389.77 k	NEW
Montrusco Bolton Investments	1.10 mm	+387.91 k	+54.7%
Deprince Race & Zollo	372.06 k	+372.06 k	NEW
King Luther Capital Management	1.60 mm	-255.09 k	-13.7%
Strategic Financial Concepts	250.90 k	+247.42 k	+7109.7%
C Citigroup	270.26 k	+200.32 k	+286.4%
JHG Janus Henderson	823.14 k	-198.42 k	-19.4%
Aristotle Capital Management	5.98 mm	-195.61 k	-3.2%
MS Morgan Stanley	665.80 k	+158.56 k	+31.3%
Millennium Management	40.06 k	-143.91 k	-78.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CFR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Dec 24	Coolidge E Rhodes JR	Common Stock, $0.01 par value	Gift	Dispose G	No	No	0	300	0.00	1,404
5 Dec 24	Jerry Salinas	Common Stock, $0.01 par value	Gift	Dispose G	No	No	0	2,262	0.00	37,394
21 Nov 24	Phillip D Green	Common Stock, $0.01 par value	Gift	Dispose G	No	No	0	1,825	0.00	92,598
20 Nov 24	Phillip D Green	Common Stock, $0.01 par value	Sell	Dispose S	No	No	137.29	20,147	2.77 mm	94,423
20 Nov 24	Phillip D Green	Common Stock, $0.01 par value	Option exercise	Acquire M	No	No	65.11	20,147	1.31 mm	114,570
20 Nov 24	Phillip D Green	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	65.11	20,147	1.31 mm	0
19 Nov 24	Phillip D Green	Common Stock, $0.01 par value	Sell	Dispose S	No	No	137.96	14,358	1.98 mm	94,423
19 Nov 24	Phillip D Green	Common Stock, $0.01 par value	Option exercise	Acquire M	No	No	65.11	14,358	934.85 k	108,781
19 Nov 24	Phillip D Green	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	65.11	14,358	934.85 k	20,147
8 Nov 24	Edwards Crawford H	Common Stock, $0.01 par value	Gift	Dispose G	No	No	0	1,160	0.00	51,482