# Cullen/Frost Bankers (CFR) — Earnings

CFR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cfr/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $2.70 |
| EPS estimate | $2.55 |
| EPS surprise | +5.77% |
| Revenue surprise | +1.46% |
| Revenue | $598.3M |
| Revenue estimate | $589.7M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/39263/000003926326000046/cfr-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/f5d4aa94-d16b-cb89-b9fe-3d40cecf6ffe.html) |

Cullen/Frost Bankers reported Q2 2026 results on July 30, 2026. Earnings per share were $2.70, ahead of the $2.55 estimate by 5.77%. Revenue was $598.3 million, 1.46% above the $589.7 million consensus. Compared with Q2 2025, EPS rose about 13% from $2.39 and revenue rose about 5% from $567.8 million.

Over the 20 quarters in the table, earnings have grown unevenly. Annual EPS was $8.81 in 2022, $9.10 in 2023, $8.87 in 2024 and $9.92 in 2025. The first half of 2026 adds up to $5.35 per share, about 14% more than the $4.69 of the first half of 2025. Revenue grew every year, from $1.77 billion in 2022 to $2.32 billion in 2025, a rise of about 31%. The quarterly EPS high in the table is still Q4 2022 at $2.91, and the low is $1.50 in Q1 2022. Cullen/Frost beat the EPS estimate in 18 of the 20 quarters. The misses came back to back, in Q4 2023 by 19.87% and Q1 2024 by 1.41%.

Q3 results came out between October 26 and October 31 in each of the past five years. That points to late October 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $2.55 | $2.70 | 5.77% | $589.7M | $598.3M |
| Q1 2026 | Apr 30, 2026 | $2.48 | $2.65 | 6.88% | $587.3M | $597.1M |
| Q4 2025 | Jan 29, 2026 | $2.45 | $2.56 | 4.35% | $578.3M | $603.4M |
| Q3 2025 | Oct 30, 2025 | $2.38 | $2.67 | 12.05% | $563.7M | $589.3M |
| Q2 2025 | Jul 31, 2025 | $2.31 | $2.39 | 3.67% | $550.9M | $567.8M |
| Q1 2025 | May 1, 2025 | $2.16 | $2.30 | 6.30% | $538.3M | $560.4M |
| Q4 2024 | Jan 30, 2025 | $2.16 | $2.36 | 9.22% | $532.0M | $556.5M |
| Q3 2024 | Oct 31, 2024 | $2.17 | $2.24 | 3.03% | $517.2M | $538.9M |
| Q2 2024 | Jul 25, 2024 | $2.07 | $2.21 | 6.82% | $506.8M | $528.8M |
| Q1 2024 | Apr 25, 2024 | $2.09 | $2.06 | -1.41% | $510.1M | $522.7M |
| Q4 2023 | Jan 25, 2024 | $1.93 | $1.55 | -19.87% | $489.5M | $523.7M |
| Q3 2023 | Oct 26, 2023 | $2.11 | $2.38 | 12.90% | $484.9M | $513.4M |
| Q2 2023 | Jul 27, 2023 | $2.40 | $2.47 | 3.05% | $496.8M | $512.1M |
| Q1 2023 | Apr 27, 2023 | $2.55 | $2.70 | 5.84% | $503.6M | $531.1M |
| Q4 2022 | Jan 26, 2023 | $2.76 | $2.91 | 5.46% | $493.4M | $529.6M |
| Q3 2022 | Oct 27, 2022 | $2.22 | $2.59 | 16.68% | $435.5M | $455.4M |
| Q2 2022 | Jul 28, 2022 | $1.77 | $1.81 | 2.50% | $390.6M | $409.3M |
| Q1 2022 | Apr 28, 2022 | $1.47 | $1.50 | 1.86% | $362.2M | $373.6M |
| Q4 2021 | Jan 27, 2022 | $1.34 | $1.54 | 15.08% | $341.8M | $373.1M |
| Q3 2021 | Oct 28, 2021 | $1.52 | $1.65 | 8.73% | $343.3M | $362.5M |

## Frequently Asked Questions

### When did Cullen/Frost Bankers (CFR) last report earnings?

Cullen/Frost Bankers last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did CFR beat earnings estimates?

Yes. Cullen/Frost Bankers reported EPS of $2.70 for Q2 2026 against a $2.55 estimate — a 5.77% beat.

### How much revenue did CFR report last quarter?

Cullen/Frost Bankers reported $598.3M in revenue for Q2 2026, against a consensus estimate of $589.7M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).