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Cullen/Frost (CFR) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Financials· Jul 30, 2026

Source: earnings call transcript

Cullen/Frost delivered a strong second quarter, marked by robust organic growth in both consumer and commercial segments, leading to increased loan and deposit volumes. The company raised its full-year NII and noninterest income guidance while lowering expense growth expectations, signaling positive operating leverage. Management highlighted the success of its branch expansion strategy in attracting new, younger customers and maintaining competitive positioning in a dynamic Texas market.

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CFR operating KPIs by quarter

CFR operating KPIs stated on its earnings calls, by fiscal quarter
KPI Mar 2026 Q1 FY26This call Jun 2026 Q2 FY26Change vs prior quarter
Net interest margin
3.74% Our net interest margin percentage was 3.74% for the quarter, up 8 basis points from the 3.66% reported last quarter. Source: earnings call transcript
3.75% Our net interest margin percentage was 3.75% for the quarter, up 1 basis point from the 3.74% reported last quarter. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.