CULLEN/FROST BANKERS, INC.
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 29, 2026
CFR$155.23-0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
| PreferredStock | CommonStock | AdditionalPaid-InCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss),Net of Tax | TreasuryStock | Total | |
|---|---|---|---|---|---|---|---|
| Three months ended: | |||||||
| Balance at beginning of period | $145,452 | $644 | $1,110,911 | $4,515,631 | $(851,660) | $(298,335) | $4,622,643 |
| Net income | — | — | — | 180,209 | — | — | 180,209 |
| Other comprehensive income (loss), net of tax | — | — | — | — | (752,533) | — | (752,533) |
| Stock unit conversions (184 shares) | — | — | — | (24) | — | 24 | — |
| Stock-based compensation expense recognized in earnings | — | — | 5,622 | — | — | — | 5,622 |
| Purchase of treasury stock (92,745 shares) | — | — | — | — | — | (15,156) | (15,156) |
| Cash dividends – Series B preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depositary share) | — | — | — | (1,668) | — | — | (1,668) |
| Cash dividends – common stock ($1.03 per share) | — | — | — | (64,956) | — | — | (64,956) |
| Balance at end of period | $145,452 | $644 | $1,116,533 | $4,629,192 | $(1,604,193) | $(313,467) | $3,974,161 |
| Balance at beginning of period | $145,452 | $644 | $1,084,485 | $4,119,886 | $(1,140,472) | $(9,685) | $4,200,310 |
| Net income | — | — | — | 174,380 | — | — | 174,380 |
| Other comprehensive income (loss), net of tax | — | — | — | — | 216,052 | — | 216,052 |
| Stock option exercises/stock unit conversions (30,794 shares) | — | — | — | (1,812) | — | 3,737 | 1,925 |
| Stock-based compensation expense recognized in earnings | — | — | 4,270 | — | — | — | 4,270 |
| Purchase of treasury stock (549,526 shares) | — | — | — | — | — | (69,785) | (69,785) |
| Cash dividends – Series B preferred stock (approximately $11.13 per share which is equivalent to approximately $0.28 per depositary share) | — | — | — | (1,668) | — | — | (1,668) |
| Cash dividends – common stock ($1.00 per share) | — | — | — | (64,702) | — | — | (64,702) |
| Balance at end of period | $145,452 | $644 | $1,088,755 | $4,226,084 | $(924,420) | $(75,733) | $4,460,782 |
Consolidated Statements of Changes in Shareholders’ Equity
| PreferredStock | CommonStock | AdditionalPaid-InCapital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss),Net of Tax | TreasuryStock | Total | |
|---|---|---|---|---|---|---|---|
| Nine months ended: | |||||||
| Balance at beginning of period | $145,452 | $644 | $1,100,327 | $4,309,171 | $(842,951) | $(139,607) | $4,573,036 |
| Net income | — | — | — | 523,255 | — | — | 523,255 |
| Other comprehensive income (loss), net of tax | — | — | — | — | (761,242) | — | (761,242) |
| Stock unit conversions (35,695 shares) | — | — | — | (4,489) | — | 4,489 | — |
| Stock-based compensation expense recognized in earnings | — | — | 16,206 | — | — | — | 16,206 |
| Purchase of treasury stock (1,266,798 shares) | — | — | — | — | — | (178,349) | (178,349) |
| Cash dividends – Series B preferred stock (approximately $33.38 per share which is equivalent to approximately $0.83 per depositary share) | — | — | — | (5,006) | — | — | (5,006) |
| Cash dividends – common stock ($3.06 per share) | — | — | — | (193,739) | — | — | (193,739) |
| Balance at end of period | $145,452 | $644 | $1,116,533 | $4,629,192 | $(1,604,193) | $(313,467) | $3,974,161 |
| Balance at beginning of period | $145,452 | $644 | $1,075,572 | $3,951,482 | $(1,252,004) | $(22,558) | $3,898,588 |
| Net income | — | — | — | 482,305 | — | — | 482,305 |
| Other comprehensive income (loss), net of tax | — | — | — | — | 327,584 | — | 327,584 |
| Stock option exercises/stock unit conversions (171,672 shares) | — | — | — | (11,405) | — | 19,286 | 7,881 |
| Stock-based compensation expense recognized in earnings | — | — | 13,183 | — | — | — | 13,183 |
| Purchase of treasury stock (568,559 shares) | — | — | — | — | — | (72,461) | (72,461) |
| Cash dividends – Series B preferred stock (approximately $33.38 per share which is equivalent to approximately $0.83 per depositary share) | — | — | — | (5,006) | — | — | (5,006) |
| Cash dividends – common stock ($2.95 per share) | — | — | — | (191,292) | — | — | (191,292) |
| Balance at end of period | $145,452 | $644 | $1,088,755 | $4,226,084 | $(924,420) | $(75,733) | $4,460,782 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.