Stock Analysis
Cullen/Frost Bankers Inc.CFR
P/E 14.09×· 5Y range 8.59–25.17×· 36th percentile of history
Sector: Financial Services · Industry: National Commercial Banks
AnalystsHold19 analystsP/E 14.1× sits at the 36th percentile of its 5.062286105407256-year history.
Cash covers 117% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Profitability82
Risks
- Financial Health31
- Growth41
Mixed picture — no clear quality or value edge.
What's happening with CFR
Profile
Strong profitability; financial health and growth lag behind.
How is each axis scored?
- Valuation60/100 · Moderate
- P/E vs own history (36th pct)20/25
- FCF yield (5.7%)20/25
- P/S (73.5x)0/25
- EV/EBIT (11.2x)20/25
- Growth41/100 · Weak
- Revenue CAGR (9.9%)12/25
- Net income CAGR (10.0%)12/25
- EPS CAGR 5Y (7.4%)12/25
- Fwd implied growth (3.9%)5/25
- Profitability82/100 · Strong
- ROIC (16.5%)20/25
- ROE (14.8%)12/25
- Net margin (525.4%)25/25
- Operating margin (593.0%)25/25
- Financial Health31/100 · Weak
- Altman Z (0.12)3/25
- Current ratio (n/a)0/25
- Interest coverage (1.5x)3/25
- Net cash / debt (Net cash)25/25
- Quality50/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.32)20/25
- FCF conversion (79%)15/25
- Margin stability (σ 323.1%)0/25
- Moat50/100 · Moderate
- ROIC >12% years (1/6 yrs)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 26.7%)25/25
Risk Flags
- ⚠Altman Z 0.1 — distress-zone balance sheet
- ⚠SBC 20.3% of revenue — real dilution cost
- ⚠Interest coverage 1.5× — thin debt cushion
About Cullen/Frost Bankers Inc.
Cullen/Frost is a regional US bank with around $54 billion in assets (as of June 2026), and it focuses exclusively on the Texas market. Show more
The bank has deep expertise in this market. It has implemented a relationship-based banking approach that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through targeted branch openings rather than acquisitions. The bank's sweet spot is small to medium-sized Texas-based commercial clients.
Headquarters: SAN ANTONIO, TX · Employees: 6,008 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
60BP/E (TTM)14.0xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 8.6x–25.2x · 36th pct
P/FCF14.2xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.7%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.1%–10.1% · 33rd pct
P/S (TTM)73.54xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 6.1x–134.1x · 19th pct
EV/EBIT11.2xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: -11.5x–15.5x · 87th pct
EV/Sales—
Enterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E13.5xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.07xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.05B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.80%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio38.6%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
82AROIC16.5%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE14.8%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA1.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin525.4%A
Grade A: HighNet Income / Revenue
Operating Margin593.0%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin—
Gross Profit / Revenue
FCF Margin200.0%A
Grade A: HighFCF / Revenue
True FCF Margin395.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
41D+Revenue CAGR9.9%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR10.0%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)7.4%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth3.9%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-5.2%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue20.3%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
31DAltman Z-Score0.12D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio—
Current Assets/Liabilities
Quick Ratio—
(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage1.5xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity1.20xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt1.17xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
50CPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.32A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion79.2%C
Grade C: AverageFCF / Net Income
Margin Stability323.1%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue136.9%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover—
Revenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 records| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Severyn Carol Jean Filed | Severyn Carol Jean | SellOpen market sale | -837 | |
Rummel Jeffrey M. Filed | Rummel Jeffrey M. | Grant / award | +630 | |
Engates John T Filed | Engates John T | Grant / award | +630 | |
Andrade Esperanza Filed | Andrade Esperanza | Grant / award | +630 | |
John Howard Willome Filed | John Howard Willome | Grant / award | +630 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Pierce Joseph A. Filed | Pierce Joseph A. | Grant / award | +630 | |
Rutherford Linda B. Filed | Rutherford Linda B. | Grant / award | +630 | |
Dawson Samuel G. Filed | Dawson Samuel G. | Grant / award | +630 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years1/6 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor26.7%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$11.00
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$8.98
Cash & short-term investments per share (Finnhub)
Book Value / Share$74.38
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$5.54B
Total debt obligations (short + long term)
Cash & Equiv.$6.47B
Cash and short-term investments
Net Debt$-927.42MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$4.62B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$9.57B
Current Market Capitalization
Beta0.52B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Cullen/Frost Bankers Inc. (CFR)
CFR is up 0.61% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Cullen/Frost Bankers Inc.. Altman Z-Score of 0.12 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.32 suggests a low likelihood of earnings manipulation.
- Cullen/Frost Bankers Inc. converts about 200% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- Interest coverage of 1.5× leaves little room for earnings shocks.
- The stock currently yields 2.8% in dividends.
See how CFR ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CFR moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | After-hours | 154.50 | +1.93% | 2.20 |
Frequently Asked Questions about CFR
What is the current Cullen/Frost Bankers Inc. (CFR) stock price?
CFR is trading at $155.05 at the last market close, up 0.61% on the session. PreMarketPrice tracks CFR pre-market, intraday and after-hours prices.
Is CFR stock a buy right now?
PreMarketPrice's quantitative model rates Cullen/Frost Bankers Inc.'s financial health at 31/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CFR stock overvalued?
Cullen/Frost Bankers Inc. trades at a trailing P/E of 14.0 and our valuation score rates it 60/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Cullen/Frost Bankers Inc. report earnings?
No confirmed earnings date is currently scheduled for CFR. The Earnings section lists recent reports and updates as dates are announced.
What sector does Cullen/Frost Bankers Inc. operate in?
Cullen/Frost Bankers Inc. operates in the Financial Services sector, within the National Commercial Banks industry. The Related Stocks section lists sector peers for comparison.
What does Cullen/Frost Bankers Inc. do?
Cullen/Frost is a regional US bank with around $54 billion in assets (as of June 2026), and it focuses exclusively on the Texas market.
About Cullen/Frost Bankers Inc. (CFR) Stock
Cullen/Frost Bankers Inc. (CFR) is a US-listed stock operating in the Financial Services sector, specifically the National Commercial Banks industry. As of the latest update, Cullen/Frost Bankers Inc. is trading at $155.05, up 0.61% on the day with a market capitalization of $9.6 billion. The financial health score for CFR is 31/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CFR stock.
CFR Stock Analysis & Key Metrics
On PreMarketPrice, you can track Cullen/Frost Bankers Inc. (CFR) across multiple dimensions:
- Pre-market price & movement: Real-time CFR stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CFR with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Cullen/Frost Bankers Inc. across multiple reporting periods.
- Financial health score: A composite score of 31/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CFR.
- Sector peers: Compare CFR against 6 other financial services stocks on key financial metrics.
Is CFR a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Cullen/Frost Bankers Inc. (CFR) as an investment. The financial health score of 31/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Cullen/Frost Bankers Inc. (CFR) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.