Cullen/Frost Bankers (CFR) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $2.84
- Estimate
- $2.80
- Surprise
- +1.3%
- Revenue (period 2026-09-30)
- $36.3M
- Score at report (before → after)
- 5.6 → 5.8/10
Revenue source: xbrl.
How the report landed
Cullen/Frost Bankers (CFR) beat the $2.80 estimate with adjusted EPS of $2.84 — a modest 1.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.6/10) to Hold at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CFR Hold at 5.8/10.
4 of the last 4 quarters beat the estimate; this quarter's +1.3% surprise compares with a +6.8% four-quarter average.
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
- $157.85
- Stop
- $151.83
At 14.9× trailing and 13.0× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 72 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — 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
- $9.81B
- P/E (fwd)
- 13.0
- P/E (ttm)
- 14.9
- 52-week range
- $119.15–$170.80
- Off 52-week high
- 7.6%
- RSI (14)
- 72
- Volume vs avg
- 1.44×
- Score today
- 5.8/10