Earnings ·
Cullen/Frost Bankers, Inc. reported second quarter 2026 net income of $170.4 million, or $2.70 per diluted share, up…
CFR-PBCullen/Frost Bankers, Inc.
Cullen/Frost Bankers, Inc. reported second quarter 2026 net income of $170.4 million, or $2.70 per diluted share, up from $155.3 million and $2.39 in the prior year period. Net interest income rose 4.3% to $470.1 million on a taxable-equivalent basis, while average loans grew 7.4% to $22.6 billion. The company repurchased 654,955 shares for $90.0 million during the quarter and opened four new financial centers. Additionally, the board declared a third-quarter cash dividend of $1.03 per common share, payable September 15, 2026 to shareholders of record on August 31, 2026. Cullen/Frost Bankers, Inc. is a financial holding company providing banking, investment, and insurance services across Texas.