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Cullen/Frost Bankers, Inc. (CFR) is a financial services company in the US central and western banking institutions industry, based in San Antonio, United States, with about 5,854 full-time employees.
It reported revenue of $2.24 billion for fiscal year 2025, up 8.3% from fiscal year 2024, and net income of $635.47 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $576.01 million, up 5.3% from a year before. Its largest business segment, Banking, brought in 90% of segment revenue in fiscal year 2025. Its market capitalization was $8.18 billion as of December 4, 2025.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of December 4, 2025.
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.
Cullen/Frost Bankers reported $2.24 billion in revenue for fiscal year 2025, up 8.3% from $2.06 billion in fiscal year 2024. In Q2 2026 revenue was $576.01 million.
Banking, with $1.99 billion or 90% of segment revenue in fiscal year 2025. Next: Frost Wealth Advisors (10%).
$8.18 billion as of December 4, 2025.
Listed companies of a similar size in the same industry (US central and western banking institutions) include Old National Bancorp (ONB), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), Columbia Banking System, Inc. (COLB).