Cullen/Frost Declares Cash Dividend Of $1.00/common Share; Approves $300 Mln Share Buyback - Update

Core Viewpoint - Cullen/Frost Bankers, Inc. (CFR) announced a cash dividend of $1.00 per common share for the first quarter and a new share repurchase program of up to $300 million [1] Financial Results - The company reported its financial results for the fourth quarter on Thursday [1] - The cash dividend is set to be paid on March 13, 2026, to shareholders of record on February 27 of this year [1] Shareholder Actions - The board of directors approved a new share repurchase program with authorization to purchase up to $300 million of common stock over a one-year period expiring on January 27, 2027 [1] Market Performance - In pre-market trading, CFR shares are priced at $141.00, reflecting an increase of $5.88 or 4.35 percent [2]