Cullen/Frost Bankers, Inc. (CFR) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services.
Is Cullen/Frost Bankers, Inc. stock overvalued or undervalued in 2026?
Cullen/Frost Bankers, Inc. (CFR) trades at 14.7× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 14,2 % (2.0×) $127 (-20 %); at its peers' median (1.2×) $78 (-50 %).
Kaplio overview: Cullen/Frost Bankers, Inc.
Market cap $10B · 52 weeks $120 – $170 (7 % below the high) · P/E 14.7× · 2027 expected P/E 13.1× · Dividend 2.6 % · 5 years rising · Next earnings January 28, 2027 · expected EPS $2.89 · Closing price, Oct 30 · accounts published Oct 29.
- Valuation: P/B 2.5× (fairly priced).
- Business: ROTCE 14.2 % (solid).
- Balance sheet: Capital/assets 8.6 % (passes, near the threshold).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 14,2 % (2.0×) $127 (-20 %); at its peers' median (1.2×) $78 (-50 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 4 of 5 pass
- P/B (Price / Book) 2.5×, borderline.
- ROA 1.3 %, passes.
- ROTCE 14.2 %, passes.
- Equity / Assets (Tier 1 proxy) 8.6 %, passes, near the threshold.
- Sustainable dividend yield 2.6 %, passes.
Against its peers (reference peers) — Cullen/Frost Bankers, Inc.: P/E 14.7×; P/B 2.5×; ROE 15.6 %; $9.8B. Old National Bancorp (P/E 10.1×; P/B 1.1×; ROE 11.3 %; $9.6B), Zions Bancorporation, National Association (P/E 8.0×; P/B 1.2×; ROE 16.2 %; $9.5B), UMB Financial Corporation (P/E 10.2×; P/B 1.3×; ROE 13.2 %; $10.2B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 2.5× · median 1.9× · minimum 0.8× · maximum 2.7× · cheap below 1.8× · expensive above 2.2×. It has been cheaper than today 98% of the time over its last ten fiscal years.
Dividend
solid · Yield 2.6 % ($4.09 per share in 2025) · Years raising it 5 · 5-year growth +7 % a year · Free cash flow coverage payout 40 % · With $1,000 invested today you'd collect $25.70 a year ($2.14 a month).
Profitability
| Return on Equity | 15.58% |
| Return on Invested Capital | -0.41% |
| Return on Assets | 1.26% |
| Gross Margin | 81.91% |
| Operating Margin | -5.00% |
| Net Margin | 36.40% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 0.00 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.53 |
Price Performance
| 1 month | +2.68% |
| 3 months | -5.25% |
| Year-to-date | +24.46% |
| 1 year | +27.98% |
| 3 years | +75.42% |
| 5 years | +16.46% |
| 10 years | +114.22% |
Dividend History
Paid in the last 12 months: $4.0600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-11-30 | $1.0300 |
| 2026-08-31 | $1.0300 |
| 2026-05-29 | $1.0300 |
| 2026-02-27 | $1.0000 |
| 2025-11-28 | $1.0000 |
| 2025-08-29 | $1.0000 |
| 2025-05-30 | $1.0000 |
| 2025-02-28 | $0.9500 |
| 2024-11-29 | $0.9500 |
| 2024-08-30 | $0.9500 |
Amounts adjusted for stock splits.
Related companies: WTFC · UMBF · ONB · ZION · BOKF · CBSH · PNFP · FFIN
Explore sector: Financial Services · Banks - Regional
More sections of CFR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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