Cullen/Frost Bankers (CFR) vs Zions Bancorporation N.A. (ZION)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Cullen/Frost Bankers (CFR) has outperformed Zions Bancorporation N.A. (ZION) over the past year, gaining 19.5% versus a gain of 11.9%. Over five years, CFR leads with a +23.2% price change compared with +0.6% for ZION. Cullen/Frost Bankers is the larger company by market cap ($9.34 billion vs $9.12 billion), about 1.0 times the size.
On valuation, Zions Bancorporation N.A. trades at a lower forward P/E (9.2x vs 12.5x for Cullen/Frost Bankers). Zions Bancorporation N.A. offers the higher dividend yield (2.88% vs 2.68%). Zions Bancorporation N.A. converts more of its revenue into profit, with a net margin of 135.8% versus 29.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CFR | ZION |
|---|---|---|
| Share price | $150.24 | $62.49 |
| Market cap | $9.34B | $9.12B |
| 1-day change | -1.39% | -0.38% |
| YTD return | +20.32% | +6.75% |
| 1-year return | +19.53% | +11.93% |
| 5-year return | +23.21% | +0.56% |
| P/E ratio (TTM) | 14.40 | 7.99 |
| Forward P/E | 12.55 | 9.17 |
| EPS (TTM) | $10.43 | $7.82 |
| Dividend yield | 2.68% | 2.88% |
| Annual dividend | $4.03 | $1.80 |
| Revenue (latest FY) | $2.24B | $662.00M |
| Revenue growth (YoY) | +8.31% | +3.60% |
| Net income (latest FY) | $648.56M | $899.00M |
| Net margin | 29.02% | 135.80% |
| 52-week high | $170.80 | $73.34 |
| 52-week low | $119.00 | $46.19 |
| Distance from 52-week high | -12.04% | -14.79% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +15.39% | +17.04% |
| Average volume | 540.50K | 1.51M |
| Shares outstanding | 62.15M | 145.95M |
| Employees | 6,008 | 9,039 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Cullen/Frost Bankers trades at a higher earnings multiple (14.4x vs 8.0x trailing P/E).
- Zions Bancorporation N.A. is more profitable, keeping 135.8 cents of every revenue dollar as net income versus 29.0 cents for Cullen/Frost Bankers.
About Cullen/Frost Bankers
CFR stock →Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.
Finance · Major Banks · 6,008 employees
About Zions Bancorporation N.A.
ZION stock →Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.
Finance · Major Banks · 9,039 employees
CFR vs ZION FAQ
Which is bigger, Cullen/Frost Bankers or Zions Bancorporation N.A.?
Cullen/Frost Bankers (CFR) is larger, with a market capitalization of $9.34B compared with $9.12B for Zions Bancorporation N.A. (ZION).
Which stock has performed better over the past year, CFR or ZION?
CFR returned +19.53% over the past 12 months, compared with +11.93% for ZION (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CFR or ZION?
ZION has the lower trailing P/E at 8.0, versus 14.4 for CFR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Cullen/Frost Bankers or Zions Bancorporation N.A.?
Zions Bancorporation N.A. has the higher yield at 2.88%, compared with 2.68% for Cullen/Frost Bankers.
Are Cullen/Frost Bankers and Zions Bancorporation N.A. in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.