Cullen/Frost Q2 diluted EPS rises 13% to $2.70; net income $170.4 million
Cullen/Frost Bankers reported second quarter 2026 net income available to common shareholders of $170.4 million, or $2.70 per diluted share, up from $2.39 a year earlier. Net interest income rose 4.3% and average loans grew 7.4% from a year earlier, while non-accrual loans increased to $112.7 million from $62.4 million. The company also declared a third quarter common dividend of $1.03 per share, which matters to shareholders because it reflects higher earnings alongside continued capital returns.
Key points
- Q2 2026 net income available to common shareholders was $170.4 million, versus $155.3 million in Q2 2025.
- Net interest income was $470.1 million on a taxable-equivalent basis, up 4.3% year over year.
- Non-accrual loans were $112.7 million at June 30, 2026, up from $62.4 million a year earlier.
- Third quarter common dividend of $1.03 per share is payable September 15, 2026, to holders of record on August 31.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.