Cullen/Frost Bankers, Inc. — Third Quarter 2026 Earnings Summary

Cullen/Frost Bankers, Inc. reported third-quarter 2026 net income available to common shareholders of $178.5 million, representing a 3.4 percent increase from the same period in 2025. The bank's average loans grew 9.0 percent year-over-year to $23.4 billion, while average deposits rose 3.6 percent to $43.6 billion, driven by continued organic growth and customer acquisition in Texas. Non-interest income increased 8.2 percent to $136.0 million, bolstered by higher trust fees and gains from the sale of excess bank properties, while non-interest expense rose 7.0 percent to $377.2 million. The company declared a fourth-quarter cash dividend of $1.03 per common share and maintained strong capital ratios, with Common Equity Tier 1 at 13.76 percent.