Cullen/Frost Bankers, Inc.
Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company and bank holding company headquartered in Texas that operates as one of the largest independent bank holding companies in the state. The company provides a comprehensive array of financial services through its principal operating subsidiary, Frost… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Cullen/Frost Bankers, Inc. does
In the company’s own words
Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company and bank holding company headquartered in Texas that operates as one of the largest independent bank holding companies in the state. The company provides a comprehensive array of financial services through its principal operating subsidiary, Frost Bank, a Texas-chartered bank with approximately 204 financial centers across major Texas markets including Austin, Dallas, Fort Worth, the Gulf Coast, Houston, the Permian Basin, and San Antonio. As of December 31, 2025, Cullen/Frost maintained consolidated total assets of $53.0 billion with total deposits of $43.3 billion.
The company operates through two reportable segments: Banking and Frost Wealth Advisors. The Banking segment encompasses commercial and consumer banking services, treasury management, merchant services, correspondent banking, capital markets advisory, global trade services, and international banking operations. Frost Bank also provides trust services with estimated fair value of trust assets of $51.0 billion, comprising $26.7 billion in managed assets and $24.3 billion in custody assets. The company operates approximately 1,760 automated teller machines throughout Texas, primarily through branding and licensing agreements with various retailers.
Cullen/Frost's subsidiary operations include Frost Insurance Agency, which provides property and casualty insurance and employee benefits; Frost Brokerage Services, a fully disclosed introducing broker-dealer; Frost Investment Advisors and Frost Investment Services, both registered investment advisors; and Tri-Frost Corporation, which holds securities. The company serves diverse industries including energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation, with no material dependence on any single industry or customer.
The company's business philosophy emphasizes building long-term customer relationships through top-quality service, high ethical standards, and sound asset management. Cullen/Frost operates as a locally-oriented, community-based financial services organization supported by experienced centralized support functions. The company pursues growth through organic expansion and selective acquisitions of financial institutions and businesses with cultural alignment and experienced management. Frost Bank traces its origins to a mercantile partnership established in 1868 and was originally chartered as a national banking association in 1899.
Company details
- Sector
- Financials
- Industry (SIC)
- Commercial Banks
- Headquarters
- SAN ANTONIO, TX
- Fiscal year end
- December
- CIK
- 39263
- SIC
- 6021
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Cullen/Frost Bankers, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Cullen/Frost Bankers, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Cullen/Frost Bankers, Inc.’s bonds, as funds hold them
Funds report holding 1 issues of Cullen/Frost Bankers, Inc.’s debt, $28.89M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.50%, maturing 2027 to 2027.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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