Cullen/Frost Bankers (CFR) Stock Forecast, Price Target & Predictions
CFR Stock Forecast
Cullen/Frost Bankers stock forecast is as follows: an average price target of $139.00 (represents a 11.28% upside from CFR’s last price of $124.91) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
CFR Price Target
The average price target for Cullen/Frost Bankers (CFR) is $139.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $178.00 to $104.00. This represents a potential 11.28% upside from CFR's last price of $124.91.
CFR Analyst Ratings
According to 11 Wall Street analysts, Cullen/Frost Bankers's rating consensus is 'Hold'. The analyst rating breakdown for CFR stock is 1 'Strong Buy' (9.09%), 3 'Buy' (27.27%), 5 'Hold' (45.45%), 2 'Sell' (18.18%), and 0 'Strong Sell' (0.00%).
Cullen/Frost Bankers Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 30, 2024 | Benjamin Gerlinger | Citigroup | $104.00 | $111.19 | -6.47% | -16.74% |
| Sep 24, 2024 | David Chiaverini | Wedbush | $123.00 | $112.54 | 9.29% | -1.53% |
| Sep 20, 2024 | Brandon King | Truist Financial | $123.00 | $115.56 | 6.44% | -1.53% |
| Jul 29, 2024 | Brandon King | Truist Financial | $126.00 | $119.74 | 5.23% | 0.87% |
| Jul 26, 2024 | David Chiaverini | Wedbush | $124.00 | $117.71 | 5.34% | -0.73% |
| Jul 26, 2024 | Karl Shepard | RBC Capital | $120.00 | $119.76 | 0.20% | -3.93% |
| Feb 01, 2023 | - | Truist Financial | $136.00 | $130.28 | 4.39% | 8.88% |
| Dec 21, 2022 | - | D.A. Davidson | $147.00 | $127.94 | 14.90% | 17.68% |
| Dec 13, 2022 | - | J.P. Morgan | $155.00 | $129.82 | 19.40% | 24.09% |
| Dec 05, 2022 | - | Morgan Stanley | $178.00 | $137.22 | 29.72% | 42.50% |
The latest Cullen/Frost Bankers stock forecast, released on Sep 30, 2024 by Benjamin Gerlinger from Citigroup, set a price target of $104.00, which represents a -6.47% decrease from the stock price at the time of the forecast ($111.19), and a -16.74% decrease from CFR last price ($124.91).
Cullen/Frost Bankers Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $116.67 | $120.00 |
| Last Closing Price | $124.91 | $124.91 | $124.91 |
| Upside/Downside | -100.00% | -6.60% | -3.93% |
In the current month, the average price target of Cullen/Frost Bankers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cullen/Frost Bankers's last price of $124.91. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 30, 2024 | Citigroup | Sell | Sell | Hold |
| Sep 24, 2024 | Wedbush | Neutral | Neutral | Hold |
| Aug 05, 2024 | Morgan Stanley | Overweight | Underweight | Downgrade |
| Jul 26, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jul 26, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jul 09, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 25, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
| Jun 25, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Apr 08, 2024 | Jefferies | Hold | Hold | Hold |
| Mar 28, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
Cullen/Frost Bankers's last stock rating was published by Citigroup on Sep 30, 2024. The company gave CFR a "Sell" rating, the same as its previous rate.
Cullen/Frost Bankers Financial Forecast
Cullen/Frost Bankers Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $561.11M | - | $505.08M | $504.14M | $47.04M | $79.53M | $350.46M | $349.76M | $339.31M | $348.40M | $334.12M | $333.58M | $327.02M | $323.41M | $457.44M | $346.35M | $342.23M |
| Avg Forecast | $563.58M | $550.05M | $538.87M | $533.67M | $549.86M | $543.34M | $530.51M | $526.18M | $525.54M | $517.25M | $506.83M | $510.09M | $489.50M | $484.91M | $496.85M | $503.64M | $493.42M | $435.45M | $390.57M | $362.16M | $341.80M | $343.26M | $345.58M | $347.27M | $342.19M | $348.10M | $348.36M | $368.21M | $363.36M | $364.53M |
| High Forecast | $577.29M | $563.43M | $551.97M | $546.65M | $563.23M | $556.55M | $543.41M | $541.89M | $540.57M | $519.24M | $506.83M | $510.09M | $499.93M | $496.53M | $508.93M | $515.89M | $505.42M | $435.45M | $390.57M | $362.16M | $341.80M | $343.26M | $345.58M | $347.27M | $342.19M | $348.10M | $348.36M | $368.21M | $363.36M | $364.53M |
| Low Forecast | $540.62M | $527.64M | $516.91M | $511.93M | $527.45M | $521.20M | $508.90M | $504.62M | $495.06M | $515.25M | $506.83M | $510.09M | $478.80M | $468.44M | $476.60M | $483.12M | $473.31M | $435.45M | $390.57M | $362.16M | $341.80M | $343.26M | $345.58M | $347.27M | $342.19M | $348.10M | $348.36M | $368.21M | $363.36M | $364.53M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | - | 1.00% | 1.02% | 0.11% | 0.20% | 0.97% | 1.02% | 0.99% | 1.01% | 0.96% | 0.97% | 0.94% | 0.93% | 1.24% | 0.95% | 0.94% |
Cullen/Frost Bankers's average Quarter revenue forecast for Dec 23 based on 7 analysts is $489.50M, with a low forecast of $478.80M, and a high forecast of $499.93M. CFR's average Quarter revenue forecast represents a -12.76% decrease compared to the company's last Quarter revenue of $561.11M (Sep 23).
Cullen/Frost Bankers EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.98M | $193.85M | $346.31M | $480.60M | $289.58M | $199.94M | $45.20M | $135.09M | $144.91M | $156.15M | $146.58M | $120.18M | $128.58M | $116.91M | $95.05M | $159.06M | $172.11M |
| Avg Forecast | $262.21M | $255.91M | $250.71M | $248.29M | $255.82M | $252.79M | $246.82M | $244.80M | $244.51M | $240.65M | $235.80M | $237.32M | $227.74M | $225.60M | $231.16M | $234.32M | $126.42M | $202.60M | $181.71M | $44.28M | $159.02M | $159.70M | $160.78M | $111.73M | $159.21M | $161.96M | $162.08M | $120.17M | $169.05M | $169.60M |
| High Forecast | $268.58M | $262.13M | $256.81M | $254.33M | $262.04M | $258.93M | $252.82M | $252.11M | $251.50M | $241.58M | $235.80M | $237.32M | $232.59M | $231.01M | $236.78M | $240.02M | $151.70M | $202.60M | $181.71M | $53.14M | $159.02M | $159.70M | $160.78M | $134.08M | $159.21M | $161.96M | $162.08M | $144.21M | $169.05M | $169.60M |
| Low Forecast | $251.52M | $245.48M | $240.49M | $238.17M | $245.40M | $242.49M | $236.76M | $234.78M | $230.33M | $239.72M | $235.80M | $237.32M | $222.76M | $217.94M | $221.74M | $224.77M | $101.14M | $202.60M | $181.71M | $35.43M | $159.02M | $159.70M | $160.78M | $89.38M | $159.21M | $161.96M | $162.08M | $96.14M | $169.05M | $169.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.84% | 1.48% | 3.80% | 1.43% | 1.10% | 1.02% | 0.85% | 0.91% | 0.97% | 1.31% | 0.75% | 0.79% | 0.72% | 0.79% | 0.94% | 1.01% |
7 analysts predict CFR's average Quarter EBITDA for Dec 23 to be $227.74M, with a high of $232.59M and a low of $222.76M. This is 21.80% upper than Cullen/Frost Bankers's previous annual EBITDA (Sep 23) of $186.98M.
Cullen/Frost Bankers Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $155.65M | $162.12M | $177.65M | $191.17M | $169.76M | $119.11M | $99.10M | $101.02M | $107.97M | $118.07M | $116.02M | $88.27M | $95.06M | $93.07M | $54.75M | $103.68M | $111.84M |
| Avg Forecast | $141.88M | $143.39M | $138.17M | $130.56M | $140.07M | $142.19M | $137.62M | $132.07M | $135.89M | $139.33M | $132.59M | $133.90M | $123.96M | $135.09M | $153.60M | $163.47M | $94.54M | $142.81M | $113.61M | $94.74M | $86.09M | $97.63M | $100.52M | $88.43M | $82.41M | $76.62M | $48.57M | $69.22M | $101.26M | $108.75M |
| High Forecast | $146.37M | $147.92M | $142.54M | $134.69M | $144.50M | $146.68M | $141.97M | $135.53M | $145.17M | $139.39M | $132.59M | $133.91M | $135.68M | $140.75M | $158.46M | $168.64M | $113.45M | $142.81M | $113.61M | $96.16M | $86.09M | $97.63M | $100.52M | $106.12M | $82.41M | $76.62M | $48.57M | $83.07M | $101.26M | $108.75M |
| Low Forecast | $134.37M | $135.79M | $130.85M | $123.64M | $132.66M | $134.66M | $130.33M | $124.46M | $125.28M | $139.27M | $132.58M | $133.89M | $98.06M | $128.81M | $145.46M | $154.81M | $75.63M | $142.81M | $113.61M | $93.32M | $86.09M | $97.63M | $100.52M | $70.74M | $82.41M | $76.62M | $48.57M | $55.38M | $101.26M | $108.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.06% | 1.09% | 2.02% | 1.19% | 1.05% | 1.05% | 1.17% | 1.11% | 1.17% | 1.31% | 1.07% | 1.24% | 1.92% | 0.79% | 1.02% | 1.03% |
Cullen/Frost Bankers's average Quarter net income forecast for Dec 23 is $123.96M, with a range of $98.06M to $135.68M. CFR's average Quarter net income forecast represents a -20.36% decrease compared to the company's last Quarter net income of $155.65M (Sep 23).
Cullen/Frost Bankers SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $170.12M | - | $170.51M | $162.64M | $153.15M | $141.34M | $139.18M | $167.55M | $124.13M | $118.64M | $118.92M | $164.90M | $111.77M | $112.01M | $126.33M | $176.44M | $117.31M |
| Avg Forecast | $465.81M | $454.63M | $445.39M | $441.09M | $454.47M | $449.08M | $438.48M | $434.90M | $434.37M | $427.52M | $418.91M | $421.60M | $404.58M | $400.79M | $410.66M | $416.28M | $156.80M | $359.91M | $322.81M | $299.33M | $282.50M | $283.71M | $285.63M | $90.65M | $282.83M | $287.72M | $287.93M | $159.71M | $300.32M | $301.29M |
| High Forecast | $477.14M | $465.69M | $456.22M | $451.82M | $465.52M | $460.00M | $449.14M | $447.89M | $446.79M | $429.17M | $418.91M | $421.60M | $413.20M | $410.39M | $420.64M | $426.40M | $188.16M | $359.91M | $322.81M | $299.33M | $282.50M | $283.71M | $285.63M | $108.78M | $282.83M | $287.72M | $287.93M | $191.65M | $300.32M | $301.29M |
| Low Forecast | $446.84M | $436.11M | $427.24M | $423.12M | $435.95M | $430.78M | $420.61M | $417.08M | $409.18M | $425.87M | $418.91M | $421.60M | $395.74M | $387.18M | $393.92M | $399.31M | $125.44M | $359.91M | $322.81M | $299.33M | $282.50M | $283.71M | $285.63M | $72.52M | $282.83M | $287.72M | $287.93M | $127.77M | $300.32M | $301.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | - | 0.41% | 1.04% | 0.43% | 0.44% | 0.46% | 0.59% | 0.44% | 0.42% | 1.31% | 0.58% | 0.39% | 0.39% | 0.79% | 0.59% | 0.39% |
Cullen/Frost Bankers's average Quarter SG&A projection for Dec 23 is $404.58M, based on 7 Wall Street analysts, with a range of $395.74M to $413.20M. The forecast indicates a 137.82% rise compared to CFR last annual SG&A of $170.12M (Sep 23).
Cullen/Frost Bankers EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 3 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.43 | $2.47 | $2.71 | $2.92 | $2.60 | $1.82 | $1.51 | $1.58 | $1.66 | $1.81 | $1.78 | $1.39 | $1.50 | $1.47 | $0.75 | $1.66 | $1.74 |
| Avg Forecast | $2.21 | $2.24 | $2.16 | $2.04 | $2.19 | $2.22 | $2.15 | $2.06 | $2.12 | $2.17 | $2.07 | $2.09 | $1.93 | $2.11 | $2.40 | $2.55 | $2.76 | $2.22 | $1.77 | $1.47 | $1.34 | $1.52 | $1.56 | $1.43 | $1.28 | $1.19 | $0.76 | $1.02 | $1.57 | $1.69 |
| High Forecast | $2.28 | $2.31 | $2.22 | $2.10 | $2.25 | $2.29 | $2.22 | $2.11 | $2.27 | $2.18 | $2.07 | $2.09 | $2.12 | $2.20 | $2.47 | $2.63 | $2.85 | $2.22 | $1.77 | $1.49 | $1.34 | $1.52 | $1.56 | $1.43 | $1.28 | $1.19 | $0.76 | $1.02 | $1.57 | $1.69 |
| Low Forecast | $2.10 | $2.12 | $2.04 | $1.93 | $2.07 | $2.10 | $2.03 | $1.94 | $1.95 | $2.17 | $2.07 | $2.09 | $1.53 | $2.01 | $2.27 | $2.42 | $2.61 | $2.22 | $1.77 | $1.45 | $1.34 | $1.52 | $1.56 | $1.43 | $1.28 | $1.19 | $0.76 | $1.02 | $1.57 | $1.69 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.03% | 1.06% | 1.06% | 1.17% | 1.03% | 1.03% | 1.18% | 1.09% | 1.16% | 1.24% | 1.09% | 1.26% | 1.95% | 0.74% | 1.05% | 1.03% |
According to 7 Wall Street analysts, Cullen/Frost Bankers's projected average Quarter EPS for Dec 23 is $1.93, with a low estimate of $1.53 and a high estimate of $2.12. This represents a -20.40% decrease compared to CFR previous annual EPS of $2.43 (Sep 23).
Cullen/Frost Bankers Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFR | Cullen/Frost Bankers | $124.91 | $139.00 | 11.28% | Hold |
| HTH | Hilltop | $30.59 | $34.00 | 11.15% | Hold |
| FFIN | First Financial Bankshares | $36.08 | $39.50 | 9.48% | Hold |
| CBU | Community Bank System | $60.81 | $66.50 | 9.36% | Strong Buy |
| IBCP | Independent Bank | $32.72 | $35.50 | 8.50% | Buy |
| BOKF | BOK Financial | $104.05 | $112.75 | 8.36% | Hold |
| BFST | Business First Bancshares | $26.01 | $28.00 | 7.65% | Buy |
| IBTX | Independent Bank Group | $57.02 | $60.00 | 5.23% | Buy |
| UMBF | UMB Financial | $107.96 | $113.25 | 4.90% | Hold |
| FBNC | First Bancorp | $41.15 | $43.00 | 4.50% | Buy |
| EQBK | Equity Bancshares | $41.97 | $43.67 | 4.05% | Buy |
| CBSH | Commerce Bancshares | $62.50 | $63.10 | 0.96% | Hold |
| FFBC | First Financial Ban | $25.36 | $25.00 | -1.42% | Hold |
| GBCI | Glacier Bancorp | $50.94 | $45.60 | -10.48% | Hold |
| BANF | BancFirst | $107.25 | $95.00 | -11.42% | Sell |
CFR Forecast FAQ
Is Cullen/Frost Bankers a good buy?
No, according to 11 Wall Street analysts, Cullen/Frost Bankers (CFR) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 36.36% of CFR's total ratings.
What is CFR's price target?
Cullen/Frost Bankers (CFR) average price target is $139 with a range of $104 to $178, implying a 11.28% from its last price of $124.91. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cullen/Frost Bankers stock go up soon?
According to Wall Street analysts' prediction for CFR stock, the company can go up by 11.28% (from the last price of $124.91 to the average price target of $139), up by 42.50% based on the highest stock price target, and down by -16.74% based on the lowest stock price target.
Can Cullen/Frost Bankers stock reach $200?
CFR's average twelve months analyst stock price target of $139 does not support the claim that Cullen/Frost Bankers can reach $200 in the near future.
What are Cullen/Frost Bankers's analysts' financial forecasts?
Cullen/Frost Bankers's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.15B (high $2.21B, low $2.06B), average EBITDA is $1B (high $1.03B, low $959.42M), average net income is $551.95M (high $568.69M, low $522.11M), average SG&A $1.78B (high $1.82B, low $1.7B), and average EPS is $8.61 (high $8.87, low $8.15). CFR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.19B (high $2.24B, low $2.1B), average EBITDA is $1.02B (high $1.04B, low $975.67M), average net income is $554M (high $571.51M, low $524.66M), average SG&A $1.81B (high $1.85B, low $1.73B), and average EPS is $8.64 (high $8.92, low $8.19).
Did the CFR's actual financial results beat the analysts' financial forecasts?
Based on Cullen/Frost Bankers's last annual report (Dec 2023), the company's revenue was $2.22B, beating the average analysts forecast of $1.97B by 12.30%. Apple's EBITDA was $712.37M, missing the average prediction of $918.82M by -22.47%. The company's net income was $597.97M, beating the average estimation of $576.13M by 3.79%. Apple's SG&A was $0, missing the average forecast of $1.63B by -100.00%. Lastly, the company's EPS was $9.11, beating the average prediction of $8.99 by 1.33%. In terms of the last quarterly report (Sep 2023), Cullen/Frost Bankers's revenue was $561.11M, beating the average analysts' forecast of $484.91M by 15.71%. The company's EBITDA was $186.98M, missing the average prediction of $225.6M by -17.12%. Cullen/Frost Bankers's net income was $155.65M, beating the average estimation of $135.09M by 15.22%. The company's SG&A was $170.12M, missing the average forecast of $400.79M by -57.55%. Lastly, the company's EPS was $2.43, beating the average prediction of $2.11 by 15.27%