Cullen/Frost Bankers Quarterly Income Statement
NYSE: CFRFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cullen/Frost Bankers revenue and earnings
In the quarter ended Jun 30, 2026, Cullen/Frost Bankers generated $576.0 million in revenue, up 5.3% from the same quarter a year earlier. Net income was $172.1 million (+9.6% year over year), for a net margin of 29.9% versus a median of 28.7% in the prior 5 quarters. Diluted earnings per share came in at $2.70, up from $2.39.
Summary generated from market data by MetaCap's automated system. Methodology
Cullen/Frost Bankers income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 576.01M | 574.84M | 580.87M | 567.26M | 546.88M | 540.23M | 536.34M | 518.04M | 507.90M | 501.43M | 501.90M | 491.42M |
| Revenue growth (YoY) | +5.33% | +6.41% | +8.30% | +9.50% | +7.67% | +7.74% | +6.86% | +5.42% | +3.91% | -0.72% | -0.44% | +7.92% |
| Operating Expenses | 361.70M | 365.69M | 371.67M | 352.48M | 347.13M | 348.07M | 336.17M | 323.41M | 316.96M | 326.22M | 365.22M | 293.26M |
| Interest Expense | 147.03M | 139.44M | — | 178.49M | 172.35M | 168.90M | — | 203.83M | 199.57M | 195.45M | 190.93M | 175.69M |
| Pretax Income | 204.54M | 202.41M | 197.98M | 208.01M | 186.62M | 179.09M | 184.01M | 175.24M | 175.15M | 161.56M | 120.70M | 186.98M |
| Income Tax | 32.48M | 31.42M | 31.73M | 33.63M | 29.62M | 28.17M | 29.16M | 28.74M | 29.65M | 25.87M | 18.15M | 31.33M |
| Net Income | 172.06M | 170.99M | 166.25M | 174.38M | 157.00M | 150.92M | 154.85M | 146.50M | 145.50M | 135.69M | 102.55M | 155.65M |
| Net Income growth (YoY) | +9.59% | +13.29% | +7.36% | +19.03% | +7.91% | +11.23% | +51.00% | -5.88% | -10.25% | -23.62% | -46.36% | -8.31% |
| EPS (Basic) | 2.70 | 2.65 | 2.56 | 2.67 | 2.39 | 2.30 | 2.37 | 2.24 | 2.21 | 2.06 | 1.55 | 2.38 |
| EPS (Diluted) | 2.70 | 2.65 | 2.56 | 2.67 | 2.39 | 2.30 | 2.36 | 2.24 | 2.21 | 2.06 | 1.55 | 2.38 |
| Shares Outstanding (Basic) | 62.45M | 63.10M | — | 64.08M | 64.30M | 64.26M | — | 63.96M | 64.19M | 64.22M | — | 64.07M |
| Shares Outstanding (Diluted) | 62.45M | 63.10M | — | 64.12M | 64.35M | 64.33M | — | 64.09M | 64.33M | 64.37M | — | 64.24M |
| Net Margin | 29.87% | 29.75% | 28.62% | 30.74% | 28.71% | 27.94% | 28.87% | 28.28% | 28.65% | 27.06% | 20.43% | 31.67% |
This table shows 12 quarterly periods of Cullen/Frost Bankers's income statement, from Q2 2026 back to Q3 2023, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow CFR's reporting calendar. What is a income statement?