Cullen/frost Bankers, INC.: insider trades · United States · SEC (Form 4)

About Cullen/frost Bankers, INC.

Cullen/Frost Bankers, Inc. is a U.S. financial holding company listed on the NYSE under ticker CFR; CFR-PB refers to one of its preferred-stock issues, which is typically relevant for income-focused investors. The company is headquartered in San Antonio, Texas, and its banking heritage dates back to 1868 through Frost Bank. The current holding company was formed in 1977 via the merger of Frost Bank Corp. and Cullen Bankers, Inc., giving the franchise one of the deeper operating histories among Texas-based banks. ([investor.frostbank.com](https://investor.frostbank.com/news-market-data/News-Details/2025/CULLENFROST-REPORTS-FIRST-QUARTER-RESULTS/default.aspx?utm_source=openai)) Operationally, Frost is best described as a regional financial franchise with a broad but still banking-centered mix of businesses. Its core activities include commercial banking, consumer banking, deposits, lending, treasury and cash-management services, as well as investment, brokerage, and insurance products delivered through affiliated subsidiaries. The company markets itself as providing a full range of business and consumer banking solutions, with a strong emphasis on relationship banking and local service. That combination gives Frost a diversified fee-and-spread profile, but its earnings remain closely tied to the Texas economy. ([eu2.dmz-fb.frostbank.com](https://eu2.dmz-fb.frostbank.com/newsroom/backgrounder?utm_source=openai)) From a competitive standpoint, Cullen/Frost’s strengths are its long-standing brand, deep local roots, conservative risk culture, and a clearly articulated organic growth strategy. Management has highlighted continued loan growth, stable deposit gathering, and ongoing branch expansion as key drivers. In 2025 the bank opened new financial centers in Austin, Dallas, and San Antonio, bringing the year’s total to 10 new locations, which underscores its commitment to strengthening market share in major Texas metros. Frost also emphasizes digital banking tools and a customer-service model designed to complement its physical footprint. ([investor.frostbank.com](https://investor.frostbank.com/news-market-data/News-Details/2026/CULLENFROST-REPORTS-FOURTH-QUARTER-AND-2025-ANNUAL-RESULTS/default.aspx?utm_source=openai)) Geographically, Frost remains primarily Texas-focused, with operations in Austin, Corpus Christi, Dallas, Fort Worth, Houston, the Permian Basin, the Rio Grande Valley, and San Antonio. For investors, that means the stock is essentially a concentrated play on Texas banking and local economic conditions rather than a nationally diversified U.S. financial institution. The upside is franchise intimacy and scale in a high-growth state; the trade-off is lower geographic diversification. ([eu2.dmz-fb.frostbank.com](https://eu2.dmz-fb.frostbank.com/newsroom/backgrounder?utm_source=openai)) Recent highlights have been constructive. The company reported stronger 2025 annual earnings, and in January 2026 it announced a $300 million share-repurchase authorization alongside a quarterly dividend declaration for both common and preferred stock. Management also pointed to continued momentum in loan and deposit growth entering 2026. For holders of CFR-PB, the broader message is that Frost appears to combine a well-capitalized balance sheet, active capital returns, and a durable regional franchise in the United States market. ([investor.frostbank.com](https://investor.frostbank.com/news-market-data/News-Details/2026/CULLENFROST-REPORTS-FOURTH-QUARTER-AND-2025-ANNUAL-RESULTS/default.aspx?utm_source=openai))