Cullen/Frost Bankers (CFR)
NYSE:CFR
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.52Last Year’s EPS
2.39Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive picture: solid earnings and EPS growth, expanding loan pipeline and record new relationships, strong consumer franchise metrics and meaningful contribution from branch expansion. Credit metrics remain acceptable by historical standards and NIM improved. However, there are notable cautions: an increase in total problem loans (OAEM), larger unrealized losses on the investment portfolio, and some seasonal/linked-quarter deposit and expense volatility. On balance, the positive operational momentum and financial results outweigh the risks highlighted.Company Guidance
Earnings and EPS Growth
Net income of $169.3 million, up 13.4% year-over-year; diluted EPS of $2.65, up 15.2% year-over-year.
Net Interest Margin Expansion
Net interest margin of 3.74% for the quarter, up 8 basis points from the prior quarter.
Loan and Deposit Growth
Average loans grew to $22.0 billion from $20.8 billion year-over-year (approximately +5.8%); average deposits of $42.2 billion vs. $41.7 billion year-over-year (approximately +1.2%).
Branch Expansion Performance and EPS Accretion
Branch expansion contributed $0.14 of EPS (5.6% EPS accretion). Expansion branches now represent $2.9 billion in loans, $3.6 billion in deposits, ~95,000 new households; plan to open 10–12 additional branches in 2026.
Strong Consumer Franchise and Mortgage Growth
Consumer checking households grew 5.3% year-over-year; consumer loan balances increased 19% year-over-year. Consumer loan growth totaled $154 million in the quarter (nearly double Q1 2025), with mortgage balances up $124 million in the quarter to $719 million total.
Record New Commercial Relationships and Pipeline Strength
Generated 1,016 new relationships in the quarter (highest Q1 on record, fourth consecutive quarter >1,000). Total loan growth pipeline of $6.8 billion (up 55% quarter-over-quarter, all-time high); 90-day weighted pipeline ~ $2.0 billion (up 38% QoQ, highest on record).
Credit Metrics Stable and Improving
Nonperforming assets $73 million (flat QoQ, down from $85 million a year ago). Net charge-offs $5.8 million (same QoQ); annualized net charge-offs 11 bps of average loans (down from 19 bps a year ago). NPAs represent 33 bps of period-end loans and 14 bps of total assets (unchanged QoQ).
Investment Portfolio Activity and Yield
Investment purchases of $2.3 billion during the quarter (Treasuries $1.23B at 3.66% yield; Agency MBS $618M at 5.09%; municipals $423M at 5.71% tax-equivalent). Total investment portfolio tax-equivalent yield 3.85%, up 3 bps QoQ.
Customer Satisfaction Recognition
Awarded J.D. Power customer satisfaction in consumer banking in Texas for the 17th consecutive year, signaling sustained customer experience strength supporting organic growth.
CFR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CFR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $142.80 | $144.93 | +1.49% |
Jan 29, 2026 | $134.25 | $137.81 | +2.65% |
Oct 30, 2025 | $119.60 | $121.60 | +1.67% |
Jul 31, 2025 | $131.03 | $124.55 | -4.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cullen/Frost Bankers (CFR) report earnings?
Cullen/Frost Bankers (CFR) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Cullen/Frost Bankers (CFR) earnings time?
Cullen/Frost Bankers (CFR) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CFR EPS forecast?
CFR EPS forecast for the fiscal quarter 2026 (Q2) is 2.52.