Cullen/Frost (CFR) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Cullen/Frost Bankers reported a revenue of $603.38 million for the quarter ended December 2025, reflecting an 8.4% increase year-over-year and a 3% surprise over the Zacks Consensus Estimate of $585.8 million [1] - The earnings per share (EPS) for the quarter was $2.57, up from $2.36 in the same quarter last year, with an EPS surprise of 3.91% compared to the consensus estimate of $2.47 [1] Financial Performance Metrics - Net charge-offs as a percentage of average loans were 0.1%, better than the average estimate of 0.2% [4] - Total earning assets averaged $50.03 billion, exceeding the three-analyst average estimate of $49.42 billion [4] - Net Interest Margin (FTE) was reported at 3.7%, matching the average estimate [4] - Non-accrual loans amounted to $70.48 million, higher than the estimated $56.86 million [4] - Book value per common share at the end of the quarter was $69.96, slightly above the average estimate of $69.50 [4] - Total Non-Interest Income reached $132.16 million, surpassing the average estimate of $123.85 million [4] - Net Interest Income (FTE) was $471.22 million, exceeding the average estimate of $461.96 million [4] - Service charges on deposit accounts were $32.36 million, compared to the average estimate of $29.74 million [4] - Net Interest Income was reported at $448.71 million, above the average estimate of $435.51 million [4] - Insurance commissions and fees totaled $15.18 million, exceeding the average estimate of $14.91 million [4] - Trust and investment management fees were $45.65 million, slightly above the average estimate of $45.05 million [4] - Other charges, commissions, and fees reached $15.23 million, compared to the average estimate of $14.64 million [4] Stock Performance - Shares of Cullen/Frost have returned +6.8% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]