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 $142.90 (represents a 29.11% upside from CFR’s last price of $110.68) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
CFR Price Target
The average price target for Cullen/Frost Bankers (CFR) is $142.90 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $178.00 to $120.00. This represents a potential 29.11% upside from CFR's last price of $110.68.
CFR Analyst Ratings
According to 10 Wall Street analysts, Cullen/Frost Bankers's rating consensus is 'Hold'. The analyst rating breakdown for CFR stock is 1 'Strong Buy' (10.00%), 3 'Buy' (30.00%), 5 'Hold' (50.00%), 1 'Sell' (10.00%), 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 |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Brandon King | Truist Financial | $126.00 | $119.74 | 5.23% | 13.84% |
| Jul 26, 2024 | David Chiaverini | Wedbush | $124.00 | $117.71 | 5.34% | 12.03% |
| Jul 26, 2024 | Karl Shepard | RBC Capital | $120.00 | $119.76 | 0.20% | 8.42% |
| Feb 01, 2023 | - | Truist Financial | $136.00 | $130.28 | 4.39% | 22.88% |
| Dec 21, 2022 | - | D.A. Davidson | $147.00 | $127.94 | 14.90% | 32.82% |
| Dec 13, 2022 | - | J.P. Morgan | $155.00 | $129.82 | 19.40% | 40.04% |
| Dec 05, 2022 | - | Morgan Stanley | $178.00 | $137.22 | 29.72% | 60.82% |
| Sep 14, 2022 | - | Truist Financial | $150.00 | $139.78 | 7.31% | 35.53% |
| Aug 15, 2022 | David Rochester | Compass Point | $152.00 | $136.49 | 11.36% | 37.33% |
| Aug 02, 2022 | - | Stephens | $145.00 | $131.04 | 10.65% | 31.01% |
The latest Cullen/Frost Bankers stock forecast, released on Jul 29, 2024 by Brandon King from Truist Financial, set a price target of $126.00, which represents a 5.23% increase from the stock price at the time of the forecast ($119.74), and a 13.84% increase from CFR last price ($110.68).
Cullen/Frost Bankers Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 3 |
| Avg Price Target | - | $123.33 | $123.33 |
| Last Closing Price | $110.68 | $110.68 | $110.68 |
| Upside/Downside | -100.00% | 11.43% | 11.43% |
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 $110.68. 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 |
|---|---|---|---|---|
| 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 |
| Jan 26, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jan 26, 2024 | Wedbush | Market Perform | Market Perform | Hold |
Cullen/Frost Bankers's last stock rating was published by Morgan Stanley on Aug 05, 2024. The company Downgrade its CFR rating from "Overweight" to "Underweight".
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 | Jul 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 | - | $350.46M | $349.76M | $339.31M | $348.40M | $334.12M | $333.58M | $327.02M | $323.41M | $457.44M | $346.35M | $342.23M |
| Avg Forecast | $781.55M | $773.65M | $765.82M | $758.08M | $554.90M | $547.87M | $535.75M | $530.60M | $528.91M | $520.80M | $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 | $792.43M | $784.42M | $776.49M | $768.63M | $562.62M | $555.50M | $543.21M | $537.98M | $536.27M | $525.95M | $513.89M | $517.19M | $499.93M | $496.53M | $503.76M | $510.66M | $500.29M | $441.52M | $390.57M | $371.65M | $350.76M | $352.26M | $354.64M | $356.37M | $351.16M | $357.23M | $357.49M | $377.86M | $372.88M | $374.09M |
| Low Forecast | $754.03M | $746.41M | $738.86M | $731.39M | $535.36M | $528.58M | $516.89M | $511.92M | $510.29M | $506.42M | $488.99M | $492.13M | $478.80M | $468.44M | $479.35M | $485.91M | $476.04M | $420.12M | $390.57M | $347.92M | $328.36M | $329.76M | $331.99M | $333.61M | $328.74M | $334.42M | $334.66M | $353.73M | $349.07M | $350.20M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | - | 1.00% | 1.02% | 0.11% | - | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.98M | $193.85M | $346.31M | $480.60M | $289.58M | - | $45.20M | $135.09M | $144.91M | $156.15M | $146.58M | $120.18M | $128.58M | $116.91M | $95.05M | $159.06M | $172.11M |
| Avg Forecast | $363.62M | $359.94M | $356.30M | $352.70M | $258.17M | $254.90M | $249.26M | $246.86M | $246.08M | $242.30M | $235.80M | $237.32M | $227.74M | $225.60M | $231.16M | $234.32M | $229.56M | $145.77M | $181.71M | $44.28M | $114.93M | $132.52M | $136.63M | $111.73M | $110.79M | $96.43M | $79.87M | $120.17M | $156.02M | $168.04M |
| High Forecast | $368.68M | $364.95M | $361.26M | $357.61M | $261.76M | $258.44M | $252.73M | $250.30M | $249.50M | $244.70M | $239.09M | $240.62M | $232.59M | $231.01M | $234.38M | $237.58M | $232.76M | $174.92M | $181.71M | $53.14M | $137.91M | $159.02M | $163.95M | $134.08M | $132.95M | $115.72M | $95.84M | $144.21M | $187.22M | $201.64M |
| Low Forecast | $350.81M | $347.27M | $343.76M | $340.28M | $249.08M | $245.92M | $240.48M | $238.17M | $237.41M | $235.61M | $227.50M | $228.96M | $222.76M | $217.94M | $223.02M | $226.07M | $221.48M | $116.62M | $181.71M | $35.43M | $91.94M | $106.01M | $109.30M | $89.38M | $88.63M | $77.15M | $63.89M | $96.14M | $124.81M | $134.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.84% | 1.48% | 2.09% | 1.99% | - | 1.02% | 1.18% | 1.09% | 1.14% | 1.31% | 1.08% | 1.33% | 1.46% | 0.79% | 1.02% | 1.02% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $155.65M | $162.12M | $177.65M | $191.17M | $169.76M | - | $99.10M | $101.02M | $107.97M | $118.07M | $116.02M | $88.27M | $95.06M | $93.07M | $54.75M | $103.68M | $111.84M |
| Avg Forecast | $145.13M | $141.06M | $140.48M | $139.80M | $140.49M | $142.61M | $138.05M | $134.73M | $136.32M | $140.50M | $133.10M | $134.42M | $124.44M | $135.62M | $154.20M | $164.11M | $177.52M | $108.61M | $113.68M | $94.71M | $85.94M | $98.74M | $103.31M | $88.43M | $81.37M | $71.29M | $63.58M | $69.22M | $101.70M | $109.19M |
| High Forecast | $147.76M | $143.62M | $143.03M | $142.33M | $143.03M | $145.19M | $140.55M | $137.17M | $138.78M | $144.36M | $135.51M | $136.85M | $136.20M | $141.29M | $156.99M | $167.08M | $180.73M | $130.34M | $113.68M | $97.94M | $103.13M | $118.49M | $123.97M | $106.12M | $97.65M | $85.55M | $76.30M | $83.07M | $122.04M | $131.03M |
| Low Forecast | $138.49M | $134.61M | $134.05M | $133.40M | $134.06M | $136.08M | $131.73M | $128.57M | $130.08M | $134.70M | $127.01M | $128.27M | $98.44M | $129.31M | $147.14M | $156.59M | $169.39M | $86.89M | $113.68M | $89.87M | $68.75M | $78.99M | $82.65M | $70.74M | $65.10M | $57.03M | $50.86M | $55.38M | $81.36M | $87.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.05% | 1.08% | 1.08% | 1.56% | - | 1.05% | 1.18% | 1.09% | 1.14% | 1.31% | 1.08% | 1.33% | 1.46% | 0.79% | 1.02% | 1.02% |
Cullen/Frost Bankers's average Quarter net income forecast for Dec 23 is $124.44M, with a range of $98.44M to $136.20M. CFR's average Quarter net income forecast represents a -20.05% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $170.12M | - | $170.51M | $162.64M | $153.15M | - | $139.18M | $167.55M | $124.13M | $118.64M | $118.92M | $164.90M | $111.77M | $112.01M | $126.33M | $176.44M | $117.31M |
| Avg Forecast | $645.97M | $639.44M | $632.97M | $626.57M | $458.64M | $452.83M | $442.81M | $438.55M | $437.16M | $430.46M | $418.91M | $421.60M | $404.58M | $400.79M | $410.66M | $416.28M | $407.82M | $124.86M | $322.81M | $299.33M | $142.55M | $113.51M | $103.81M | $90.65M | $152.02M | $83.83M | $76.52M | $159.71M | $173.06M | $114.53M |
| High Forecast | $654.97M | $648.34M | $641.79M | $635.30M | $465.02M | $459.13M | $448.98M | $444.66M | $443.24M | $434.71M | $424.74M | $427.47M | $413.20M | $410.39M | $416.37M | $422.07M | $413.50M | $149.83M | $322.81M | $307.18M | $171.06M | $136.21M | $124.57M | $108.78M | $182.42M | $100.59M | $91.82M | $191.65M | $207.68M | $137.43M |
| Low Forecast | $623.23M | $616.93M | $610.69M | $604.51M | $442.49M | $436.88M | $427.22M | $423.11M | $421.77M | $418.57M | $404.16M | $406.76M | $395.74M | $387.18M | $396.20M | $401.62M | $393.46M | $99.89M | $322.81M | $287.56M | $114.04M | $90.81M | $83.05M | $72.52M | $121.61M | $67.06M | $61.21M | $127.77M | $138.45M | $91.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | - | 0.41% | 0.40% | 1.23% | - | 0.46% | 1.18% | 1.09% | 1.14% | 1.31% | 1.08% | 1.33% | 1.46% | 0.79% | 1.02% | 1.02% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.43 | $2.47 | $2.71 | $2.92 | $2.60 | - | $1.51 | $1.58 | $1.66 | $1.81 | $1.78 | $1.39 | $1.50 | $1.47 | $0.75 | $1.66 | $1.74 |
| Avg Forecast | $2.26 | $2.19 | $2.18 | $2.17 | $2.18 | $2.22 | $2.15 | $2.09 | $2.12 | $2.18 | $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 | $2.30 | $2.23 | $2.22 | $2.21 | $2.22 | $2.26 | $2.18 | $2.13 | $2.16 | $2.24 | $2.11 | $2.13 | $2.12 | $2.20 | $2.44 | $2.60 | $2.81 | $2.26 | $1.77 | $1.52 | $1.38 | $1.57 | $1.62 | $1.48 | $1.32 | $1.23 | $0.78 | $1.05 | $1.63 | $1.75 |
| Low Forecast | $2.15 | $2.09 | $2.08 | $2.07 | $2.08 | $2.12 | $2.05 | $2.00 | $2.02 | $2.09 | $1.97 | $1.99 | $1.53 | $2.01 | $2.29 | $2.43 | $2.63 | $2.12 | $1.77 | $1.40 | $1.27 | $1.44 | $1.48 | $1.36 | $1.22 | $1.13 | $0.72 | $0.97 | $1.49 | $1.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.03% | 1.06% | 1.06% | 1.17% | - | 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 | $110.68 | $142.90 | 29.11% | Hold |
| CBU | Community Bank System | $58.17 | $66.00 | 13.46% | Buy |
| BFST | Business First Bancshares | $26.13 | $28.00 | 7.16% | Buy |
| IBCP | Independent Bank | $34.04 | $35.75 | 5.02% | Buy |
| HTH | Hilltop | $32.78 | $34.00 | 3.72% | Hold |
| FFIN | First Financial Bankshares | $37.70 | $39.00 | 3.45% | Hold |
| BOKF | BOK Financial | $104.14 | $105.38 | 1.19% | Hold |
| IBTX | Independent Bank Group | $59.20 | $59.67 | 0.79% | Buy |
| FBNC | First Bancorp | $42.85 | $43.00 | 0.35% | Buy |
| UMBF | UMB Financial | $104.92 | $104.67 | -0.24% | Hold |
| GBCI | Glacier Bancorp | $44.90 | $44.25 | -1.45% | Hold |
| FFBC | First Financial Ban | $25.39 | $25.00 | -1.54% | Hold |
| CBSH | Commerce Bancshares | $62.27 | $60.20 | -3.32% | Hold |
| EQBK | Equity Bancshares | $41.38 | $40.00 | -3.33% | Buy |
| BANF | BancFirst | $106.76 | $95.00 | -11.02% | Sell |
CFR Forecast FAQ
Is Cullen/Frost Bankers a good buy?
No, according to 10 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 40.00% of CFR's total ratings.
What is CFR's price target?
Cullen/Frost Bankers (CFR) average price target is $142.9 with a range of $120 to $178, implying a 29.11% from its last price of $110.68. The data is based on 10 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 29.11% (from the last price of $110.68 to the average price target of $142.9), up by 60.82% based on the highest stock price target, and up by 8.42% based on the lowest stock price target.
Can Cullen/Frost Bankers stock reach $200?
CFR's average twelve months analyst stock price target of $142.9 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 $2.17B (high $2.2B, low $2.09B), average EBITDA is $1.01B (high $1.02B, low $973.65M), average net income is $555.88M (high $565.94M, low $530.44M), average SG&A $1.79B (high $1.82B, low $1.73B), and average EPS is $8.64 (high $8.8, low $8.25). CFR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.08B (high $3.12B, low $2.97B), average EBITDA is $1.43B (high $1.45B, low $1.38B), average net income is $566.47M (high $576.73M, low $540.55M), average SG&A $2.54B (high $2.58B, low $2.46B), and average EPS is $8.81 (high $8.96, low $8.4).
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 $578.36M by 3.39%. 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 $135.62M by 14.77%. 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%