Cullen/Frost Bankers, Inc.

CFR Financial Banks Regional

Cullen/Frost Bankers, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 2.46% from fiscal 2024.

Revenue
+2.95%
EPS
+6.37%
Free cash flow
+21.4%
Total debt
+0.10%

Quarter to September 2026, against a year earlier

156.62 3.07 −1.92%
Market cap
$9.7B
P/E
14.6×
Fwd P/E
14.2×
Dividend yield
2.59%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Cullen/Frost Bankers, Inc. (CFR) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Cullen/Frost Bankers, Inc. (CFR) trades at a P/E ratio of 14.6×. Over the past ten years it has ranged from 7.2× (March 2020) to 22.9× (March 2021); the current reading is higher than 46% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.8× (15.56%)
FY2024 15.1× 26.42%
FY2023 12.0× (18.65%)
FY2022 14.7× (20.83%)
FY2021 18.6× 8.77%
FY2020 17.1× 20.11%
FY2019 14.2× 12.64%
FY2018 12.6× (26.06%)
FY2017 17.1× (7.54%)
FY2016 18.5× 32.58%

Quarterly newest first

Period P/E ratio Change
Sep 2026 14.2× (2.76%)
Jun 2026 14.6× 9.42%
Mar 2026 13.3× 4.56%
Dec 2025 12.8× (2.02%)
43 more quarters

Against its own ten years

Low 7.2× High 22.9×
Ten-year median 14.9×
Current reading's percentile 48

P/E ratio against peers

Company P/E ratio
ZION Zions Bancorporation, N.A. compare 8.0×
UMBF UMB Financial Corporation compare 10.1×
ONB Old National Bancorp compare 10.2×
BPOP Popular, Inc. compare 10.5×
SSB SouthState Bank Corporation compare 11.1×
WTFC Wintrust Financial Corporation compare 11.5×
CFR Cullen/Frost Bankers, Inc. 14.6×
CIB Grupo Cibest S.A. - Sponsored ADR compare 18.0×
CBC Central Bancompany compare 20.6×
Banks Regional industry median 12.0×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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