Cullen/Frost Bankers (CFR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $2.70
- Estimate
- $2.57
- Surprise
- +5.2%
- Revenue (period 2026-06-30)
- $34.2M
- Score at report (before → after)
- 5.5 → 5.5/10
Revenue source: xbrl.
How the report landed
Cullen/Frost Bankers (CFR) beat the $2.57 estimate with adjusted EPS of $2.70 — a clear 5.2% upside surprise. TrendMatrix's engine moved from Hold (5.5/10) to Buy (Wait) at 5.5/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CFR Hold at 5.5/10.
4 of the last 4 quarters beat the estimate; this quarter's +5.2% surprise compares with a +9.4% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Loan Portfolio: commercial and industrial, energy, construction and commercial real estate (80.9%)
- Concentration risk — Loan Portfolio: uninsured deposits
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $154.51
- Price target
- $163.41
- Stop
- $149.13
- Upside to target
- +5.8%
At 14.7× trailing and 13.0× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 22 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
CFR at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Regional
- Market cap
- $9.59B
- P/E (fwd)
- 13.0
- P/E (ttm)
- 14.7
- 52-week range
- $119.00–$170.80
- Off 52-week high
- 9.5%
- RSI (14)
- 22
- Volume vs avg
- 0.04×
- Score today
- 5.5/10