Overview

• U.S. bank's Q4 net income rose 7.4% yr/yr

• Company announced $300 mln share repurchase program

• Average loans and deposits increased yr/yr

Outlook

• Cullen/Frost authorizes $300 mln stock repurchase program for 2026

• Company continues executing strategic growth initiatives entering 2026

• Cullen/Frost focuses on organic growth strategy to fuel future expansion

Result Drivers

• NET INTEREST INCOME - Increased by 8.6% in Q4 2025, driven by higher average loan balances and improved net interest margin

• ORGANIC GROWTH - Opened 10 new financial centers in 2025, contributing to growth in loans and deposits

• NON-INTEREST INCOME - Increased due to higher service charges and investment management fees

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Cullen/Frost Bankers Inc is $140.00, about 3.6% above its January 28 closing price of $135.19

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn4MLpcka

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)