Recent Updates — CFR

Cullen/Frost Bankers, Inc. announced it will voluntarily withdraw its common stock and Series B preferred depositary shares from the New York Stock Exchange (NYSE) and transfer their primary listings to the Texas Stock Exchange (TXSE). The securities will cease trading on the NYSE at market close on November 11, 2026, and begin trading on the TXSE under unchanged symbols CFR and CFR.PrB at market open on November 12, 2026. The company stated the move reinforces its position as a preeminent Texas-based financial institution amidst economic shifts toward the state. Cullen/Frost Bankers is a financial holding company providing banking, investments, and insurance services across Texas.

Cullen/Frost Bankers reported third-quarter net income available to common shareholders of $178.5 million, or $2.84 per diluted share, compared to $172.7 million, or $2.67 per diluted share, in the prior-year period. Net interest income on a taxable-equivalent basis rose 5.8 percent to $490.8 million, while average loans grew 9.0 percent year-over-year to $23.4 billion. The board declared a fourth-quarter cash dividend of $1.03 per common share, payable December 15 to shareholders of record on November 30. Cullen/Frost Bankers is a financial holding company providing banking, investments and insurance services across Texas.