OakChart

Cullen Frost Bankers Inc

CFRFinancial·Banks - Regional·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

157.85-0.31 (-0.20%)
2026-11-12 00:57 CET
Market cap
9,834.47 USD m
Revenue, TTM
- USD m
Net income, TTM
674.69 USD m
Free cash flow, TTM
588.13 USD m
EPS diluted, TTM
10.74
P/E
14.69
Compare

Price

CFR against its 20, 50 and 200-day averages
2050200beat
130.00140.00150.00160.00170.00688K1.4MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CFRclose 157.8520-day 157.1250-day 157.08200-day 149.61157.8552w high

7.6% under the 52-week high of 170.80 on 17 Aug 2026. 52-week low 119.15 on 17 Nov 2025. Last 15 sessions, 6.2% high to low

Volume 1.05× normal · the line is the 50-bar volume average

Profile

CFR
52-week range, 75% of the way up
119.14170.8

Cullen/Frost Bankers, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking services. It operates through the Banking and Frost Wealth Advisors segments. The Banking segment involves the operation of commercial and consumer banking services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services. The company was founded by Thomas Clayborne Frost in 1868 and is headquartered in San Antonio, TX.

IndexRUI
Employees6008
IPONov 01, 1982
Beta0.51
ATR, 14d3.45
Rel volume1.05
Short float7.28%
Insider own6.40%
Inst own91.99%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap9.82B
Enterprise Value-
Income674.69M
Sales2.94B
Book/sh61.70
Cash/sh-
Dividend Est.4.08 (2.59%)
Dividend TTM4.06 (2.57%)
Dividend Ex-DateNov 30, 2026
Dividend Gr. 3/5Y6.83% 6.75%
Payout39.84%
Employees6008
IPONov 01, 1982

Ratios

P/E14.69
Forward P/E13.02
PEG1.53
P/S3.33
P/B2.56
P/C-
P/FCF16.69
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio0.22
Debt/Eq1.42
LT Debt/Eq0.13
Option/ShortYes / Yes

Earnings

EPS (ttm)10.74
EPS next Y12.12
EPS next Q2.90
EPS this Y11.95%
EPS next Y9.14%
EPS next 5Y8.53%
EPS past 3/5Y4.08% 14.28%
Sales past 3/5Y15.78% 14.57%
EPS Y/Y TTM10.44%
Sales Y/Y TTM1.81%
EPS Q/Q6.38%
Sales Q/Q2.86%
EarningsOct 29 BMO
EPS/Sales Surpr.1.57% 2.71%

Ownership

Insider Own6.40%
Insider Trans-0.17%
Inst Own91.99%
Inst Trans3.08%
ROA1.27%
ROE16.16%
ROIC15.20%
Gross Margin-
Oper. Margin27.84%
Profit Margin22.92%
SMA200.46%
SMA500.49%
SMA2005.51%
Trades-

Technical

Shs Outstand62.06M
Shs Float58.20M
Short Float7.28%
Short Ratio8.94
Short Interest4.23M
52W High170.80 -7.58%
52W Low119.14 32.49%
Volatility2.69% 2.14%
ATR (14)3.45
RSI (14)52.38
Beta0.51
Rel Volume1.05
Avg Volume473.49K
Volume495,074

Performance

Perf Week-1.15%
Perf Month4.15%
Perf Quarter-6.37%
Perf Half Y17.23%
Perf YTD24.65%
Perf Year26.34%
Perf 3Y69.75%
Perf 5Y17.25%
Perf 10Y88.25%
Recom2.56
Target Price174.07
Prev Close158.16
Price157.85
Change %-0.20%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 02, 2026DowngradeKKeefe BruyetteOutperform → Mkt Perform$175+10.9%
Sep 08, 2026UpgradeMMorgan StanleyUnderweight → Overweight$200+26.7%
Jul 06, 2026UpgradeJJefferiesUnderperform → Hold$160+1.4%
Jul 01, 2026DowngradeRRaymond JamesOutperform → Mkt Perform
May 05, 2026UpgradeSStephensEqual-Weight → Overweight$164+3.9%
Jan 05, 2026UpgradeKKeefe BruyetteMkt Perform → Outperform$150-5.0%
Sep 10, 2025InitiatedCCantor FitzgeraldNeutral$138-12.6%
Jul 08, 2025UpgradeRRaymond JamesMkt Perform → Outperform$150-5.0%
May 21, 2025InitiatedJJefferiesUnderperform$105-33.5%
May 02, 2025UpgradeEEvercore ISIUnderperform → In-line$132-16.4%

Peers

Mkt cap
TickerCompanyMkt cap
ZIONZions Bancorporation N.A9.64B
BPOPPopular Inc9.99B
ONBOld National Bancorp9.55B
SSBSouthState Bank Corp10.18B
WALWestern Alliance Bancorp8.14B
UMBFUMB Financial Corp10.23B
FHNFirst Horizon Corp11.08B
PNFPPinnacle Financial Partners Inc15.39B
VLYValley National Bancorp7.92B
OZKBank OZK5.51B

Insider trading

latest 14 of 25
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Bracher PaulPresident of CFRNov 05 '26Sale158.242,900458,896108,736Nov 09 09:35 AM
Bracher PaulOfficerNov 05 '26Proposed Sale158.242,900458,896Nov 05 01:15 PM
Henson Matthew BradleyChief Accounting OfficerNov 02 '26Sale159.7253485,290317Nov 03 09:53 AM
Henson Matthew BradleyOfficerNov 02 '26Proposed Sale159.7253485,290Nov 02 02:57 PM
Berman BobbyGEVP Research & StrategyOct 30 '26Sale157.102,406377,98328,406Nov 02 10:07 AM
Berman BobbyOfficerOct 30 '26Proposed Sale157.182,406378,178Oct 30 10:39 AM
Kasanoff Howard L.GEVP Chief Credit OfficerOct 24 '26Option Exercise0.002,00406,216Oct 26 05:26 PM
Bracher PaulPresident of CFROct 24 '26Option Exercise0.004,8760113,555Oct 26 05:26 PM
Rhodes Coolidge E JRGroup EVP General Counsel/SecOct 24 '26Option Exercise0.003,68508,295Oct 26 05:25 PM
Stead JimmyGEVP Chief Consumer BankingOct 24 '26Option Exercise0.004,628022,824Oct 26 05:25 PM
Geddes DanGEVP & Chief Financial OfficerOct 24 '26Option Exercise0.002,00405,312Oct 26 05:24 PM
Henson Matthew BradleyChief Accounting OfficerOct 24 '26Option Exercise0.0070701,024Oct 26 05:24 PM
Berman BobbyGEVP Research & StrategyOct 24 '26Option Exercise0.002,741031,891Oct 26 05:23 PM
Alonzo Annette MGEVP Chief HR OfficerOct 24 '26Option Exercise0.003,508023,639Oct 26 05:23 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
SDYState Street SPDR S&P Dividend ETFAUM: 22.68B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.47B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
XMMOInvesco S&P MidCap Momentum ETFAUM: 6.37B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-292.8402.7962.840626.73610.1914
2026Q22026-07-302.7002.5532.696598.35589.7114
2026Q12026-04-302.6502.4802.650597.11587.2813
2025Q42026-01-292.5602.4532.561603.38578.3114
2025Q32025-10-302.6702.3832.667589.31563.6515
2025Q22025-07-312.3902.3062.391567.83550.8813
2025Q12025-05-012.3002.1642.298560.42538.3412
2024Q42025-01-302.3602.1612.363556.55532.0312
2024Q32024-10-312.2402.1742.235538.87517.2514
2024Q22024-07-252.2102.0692.209528.81506.8316
2024Q12024-04-252.0602.0892.057522.74510.0916
2023Q42024-01-251.5501.9341.549523.66489.514
2023Q32023-10-262.3802.1082.373513.35484.9116
2023Q22023-07-272.4702.3972.465512.12496.8516
2023Q12023-04-272.7002.5512.695531.11503.6416
2022Q42023-01-262.9102.7592.904529.57493.4215

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY5.4505.3365.5071,3801,376
2018FY6.9006.8276.8591,4041,400
2019FY6.8406.8286.8071,4641,457
2020FY5.1005.0155.0871,5361,437
2021FY6.7606.5856.7401,4641,428
2022FY8.8108.6808.7921,7921,770
2023FY9.1009.5689.0832,0802,004
2024FY8.8708.7168.8642,1472,090
2025FY9.9209.8389.9202,3212,268
2026FY-11.110--2,432
2027FY-12.121--2,604
2028FY-12.683--2,722

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-031050633.52613.1648.5
2026Q4S2026-11-021050633.78613.1648.5
2026Q4S2026-10-301050633.82613.1648.5
2026Q4S2026-10-291030631.36606.93644
2026Q4S2026-10-171010628.11606.93641
2026Q4S2026-10-141020628.11606.93641
2026Q4S2026-10-131030628.11606.93641
2026Q4S2026-10-091090628.11606.93641
2026Q4S2026-10-081090627.09606.93641
2026Q4S2026-10-071090626.84606.93641
2026Q4S2026-10-011080626.81606.93641
2026Q4S2026-09-301080627.01606.93641
2026Q4S2026-09-231070626.55606.93637.9
2026Q4S2026-09-211080626.7606.93637.9

Estimate history

EPS, annual5.5076.8596.8075.0876.748.7929.0838.8649.91410.7436
Period201720182019202020212022202320242025TTM
EPS, quarterly2.2352.3632.2982.3912.6672.5612.652.6962.837
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1225.5541397.3311494.3781475.2881387.1211876.4372637.3572843.2372911.9372943.12
Period201720182019202020212022202320242025TTM
Sales, quarterly720.12721.738706.918717.561744.617742.841713.146721.254765.879
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual63.47662.98662.66963.01163.98664.35564.18564.19763.28762.056
Period201720182019202020212022202320242025MRQ
Shares, quarterly63.93164.19764.28364.31963.80163.28762.79762.14962.056
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Interest Income2,418.072,420.752,390.642,217.721,475.721,008.771,021.031,133.791,051.20
Total Interest Expense615.25684.60786.02659.05184.4423.9045.03129.7893.31
Net Interest Income1,802.821,736.151,604.611,558.661,291.28984.87976.001,004.00957.89
Loan Loss Provision39.8344.2064.9846.173.000.06241.2333.7621.61
Net Interest Income After Loan Loss Provision1,763.001,691.951,539.631,512.491,288.28984.80734.77970.25936.28
Non-Interest Income525.04491.19452.60419.64400.72378.35454.25360.59346.13
Non-Interest Expense1,468.581,411.431,296.261,219.761,020.17873.62837.70831.37773.73
Operating Income819.47771.70695.97712.37668.83489.54351.32499.47508.68
Unusual Expense0.000.000.000.000.000.000.000.000.00
Net Income Before Taxes819.47771.70695.97712.37668.83489.54351.32499.47508.68
Income Taxes129.96123.14113.42114.4089.6846.4620.1755.8753.76
Consolidated Net Income681.36642.15576.31591.69573.94439.20328.01439.91451.75
Net Income From Continuing Operations681.36642.15576.31591.69573.94439.20328.01439.91451.75
Net Income674.69635.47569.63585.01567.26432.04320.49431.85443.69
EPS (Recurring)10.869.918.869.088.796.745.096.816.86
EPS (Basic, Before Extraordinaries)10.749.928.889.118.846.795.116.886.96
EPS (Diluted)10.749.918.869.088.796.745.096.816.86
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments-8.14-6.41-6.24-6.28-5.21-3.88-3.14-3.69-3.17
Stock Option Compensation Expense22.8019.4914.9920.4715.3511.0411.7813.5911.11
Price To Earnings Ratio14.7214.7216.6810.4018.0218.7017.1414.3712.82
Price To Sales Ratio3.222.793.032.654.605.833.734.154.07
Operating Margin27.8426.5024.4827.0135.6435.2923.8133.4236.40
Net Margin22.9221.8220.0322.1830.2331.1521.7228.9031.75
Shares Outstanding62.0663.2964.2064.1964.3563.9963.0162.6762.99
Market Capitalization9,834.479,834.478,609.716,948.488,596.748,032.555,482.816,117.615,623.24

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Interest Income631.78594.76577.97613.57620.11601.96585.12600.69
Total Interest Expense163.91147.03139.44164.86178.49172.35168.90187.18
Net Interest Income467.87447.73438.52448.71441.62429.60416.22413.52
Loan Loss Provision12.099.776.7511.226.7813.1313.0716.16
Net Interest Income After Loan Loss Provision455.78437.96431.78437.48434.84416.48403.15397.36
Non-Interest Income134.10126.49135.18129.27124.51115.60121.80121.05
Non-Interest Expense375.34359.91364.55368.78351.34345.46345.86334.39
Operating Income214.54204.54202.41197.98208.01186.62179.09184.01
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes214.54204.54202.41197.98208.01186.62179.09184.01
Income Taxes34.3332.4831.4231.7333.6329.6228.1729.16
Consolidated Net Income177.86170.07168.88164.56172.64155.51149.48153.47
Net Income From Continuing Operations177.86170.07168.88164.56172.64155.51149.48153.47
Net Income176.20168.40167.21162.89170.97153.84147.81151.80
EPS (Recurring)2.842.702.652.562.672.392.302.36
EPS (Basic, Before Extraordinaries)2.842.702.652.562.672.392.302.37
EPS (Diluted)2.842.702.652.562.672.392.302.36
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments-2.35-1.99-2.11-1.70-1.74-1.49-1.45-1.38
Stock Option Compensation Expense4.884.543.849.543.623.932.417.51
Price To Earnings Ratio14.7215.0513.8213.0313.6514.1214.1216.68
Price To Sales Ratio3.223.302.962.772.812.892.823.03
Operating Margin28.0128.3628.3826.6527.9326.0125.3325.50
Net Margin23.0123.3523.4521.9322.9621.4420.9121.03
Shares Outstanding62.0662.1562.8063.2963.8064.3264.2864.20
Market Capitalization9,834.479,703.398,663.708,096.868,154.528,263.578,048.178,609.71

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Due from Banks681.33722.91617.57691.55555.78529.45581.86678.79545.54
Investments27,743.1428,250.2928,460.6732,440.8031,885.2922,298.7516,586.6815,841.2216,485.79
Net Loans21,610.3220,484.6618,578.2616,927.3516,087.7317,218.1314,618.1713,967.6012,990.30
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Customer Liability on Acceptances0.000.000.000.000.000.000.000.000.00
Real Estate Assets1.3014.100.720.963.400.851.081.182.12
Net Property, Plant & Equipment1,313.221,245.381,190.031,102.691,050.331,045.581,011.95552.33520.96
Interest Receivables256.09236.59251.38243.68179.11181.43183.85188.99167.51
Other Intangible Assets1,436.031,566.341,746.401,485.331,116.851,117.121,043.851,062.861,035.67
Total Assets53,041.4252,520.2650,845.0452,892.3850,878.4942,391.3234,027.4332,292.9731,747.88
Total Deposits42,917.8642,722.7541,920.5743,954.2042,695.7035,015.7627,639.5627,149.2026,872.39
Total Debt5,131.784,895.804,680.405,256.643,302.322,675.422,254.191,602.501,382.56
Long Term Debt549.33501.09504.30512.33503.37526.07530.63234.95234.74
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Other Liabilities418.741,003.12527.62544.31440.92407.12222.00172.35195.07
Total Liabilities48,468.3948,621.6747,128.5949,755.1546,438.9338,098.3030,115.7628,924.0528,450.02
Preferred Stock - Carrying Value145.45145.45145.45145.45145.45145.45144.49144.49144.49
Common Equity4,427.583,753.143,570.992,991.784,294.104,147.563,767.183,224.433,153.38
Total Shareholders Equity4,573.043,898.593,716.453,137.234,439.564,293.023,911.673,368.923,297.86
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity4,573.043,898.593,716.453,137.234,439.564,293.023,911.673,368.923,297.86
Total Liabilities & Stockholders Equity53,041.4252,520.2650,845.0452,892.3850,878.4942,391.3234,027.4332,292.9731,747.88
Book Value Per Share69.9658.4655.6446.4967.1165.8260.1151.1949.68
Tangible Book Value Per Share69.9658.4655.6436.3156.8655.4049.6240.7439.28
Tier 1 Capital4,747.034,489.124,182.403,896.653,516.493,203.903,001.742,786.962,570.53
Tier 2 Capital473.29465.02443.36434.33449.75469.01365.67365.63388.79
Full-Time Employees6,0085,8545,4954,9854,5534,6854,6594,3704,270
Price to Book Ratio2.562.152.433.221.881.331.631.721.96
Return on Assets1.221.121.141.110.940.861.331.411.17
Return on Equity15.1615.1417.2715.1510.068.0012.0813.5511.50
Return on Invested Capital12.5413.1014.0215.738.896.819.9012.5410.25
Current Ratio0.250.290.300.360.520.400.190.210.26

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations824.70819.79759.77775.15753.99633.09631.59648.13675.12
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-51.38-542.12233.40-294.08-30.6915.77-107.19-13.83-110.08
Cash from Operating Activities773.33277.67993.18481.06723.30648.85524.40634.30565.05
Capital Expenditures-185.19-146.65-127.78-158.63-102.50-65.85-95.42-206.72-79.27
Net Assets From Acquisitions0.000.00-0.700.000.000.000.000.000.00
Sale of Fixed Assets and Businesses9.770.960.031.280.067.045.998.0413.63
Purchase or Sale of Investments-946.71-317.271,904.90896.48-7,356.00-3,615.001,276.19-518.73-863.25
Purchase of Investments-23,163.93-21,500.64-17,903.42-20,274.18-23,603.07-24,218.40-20,843.28-23,956.23-18,195.22
Sale Or Maturity of Investments22,217.2221,183.3819,808.3221,170.6616,247.0720,603.4022,119.4723,437.5017,331.97
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources3.032.481.821.942.052.310.900.000.38
Cash from Investing Activities-3,333.63-1,604.79-184.52-944.97-8,278.05-2,525.57-1,631.20-1,386.96-1,915.98
Cash Dividends Paid-264.48-262.03-249.12-239.00-216.46-195.94-182.60-185.07-173.51
Change in Capital Stock-259.65-145.89-38.26-33.4212.2750.55-7.78-48.02-69.36
Repurchase of Common Pref Stock-263.72-157.83-60.90-42.72-4.39-3.86-165.78-68.79-101.01
Sale of Common Pref Stock4.0711.9522.649.3016.6654.42158.0120.7731.65
Proceedsfrom Stock Options0.000.000.000.000.000.00145.450.000.00
Issuance or Reduction of Debt, Net541.36179.71223.53-570.901,945.57636.32421.65327.79219.72
Change in Long Term Debt0.000.000.000.000.00-13.400.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.001,250.000.000.00
Reduction of Long Term Debt0.000.000.000.000.00-13.40-1,250.000.000.00
Net Financing Active Other Cash Flow0.000.000.000.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00-0.000.00
Cash from Financing Activities1,722.45-33.09738.33-2,876.952,999.888,170.877,607.48585.06253.66
Net Change in Cash-837.85-1,360.201,546.98-3,340.86-4,554.876,294.156,500.67-167.60-1,097.27
Free Cash Flow588.13131.02865.40322.44620.80583.00428.98427.59485.78
Preferred Dividends (Cash Flow)--6.67-6.67-6.67-6.67-7.16-2.02-8.06-8.06
Price to Free Cash Flow29.30-14.0083.7421.3320.8822.3125.5818.22
Federal Home Loan Advances Increase (Decrease)-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Due from Banks755.78697.70638.78681.33615.54759.25
Investments27,001.6527,339.3826,939.5627,743.1427,798.7326,645.08
Net Loans23,366.7122,691.9522,146.2021,610.3221,165.3520,976.69
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment1,392.061,370.181,332.451,313.221,293.571,277.06
Interest Receivables206.80255.13191.99256.09206.62247.26
Other Intangible Assets1,792.511,526.751,475.571,436.031,453.521,504.02
Total Assets54,515.5153,881.0952,724.5653,041.4252,533.3451,409.36
Total Deposits44,222.3743,334.0142,836.1742,917.8642,517.1541,683.61
Total Debt5,646.195,424.754,644.465,131.785,120.624,972.52
Long Term Debt509.31512.65517.40549.33525.09528.44
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities672.79499.68713.26418.74434.79552.92
Total Liabilities50,541.3549,258.4548,193.8948,468.3948,072.5547,209.05
Preferred Stock - Carrying Value145.45145.45145.45145.45145.45145.45
Common Equity3,828.714,477.194,385.224,427.584,315.334,054.86
Total Shareholders Equity3,974.164,622.644,530.674,573.044,460.784,200.31
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity3,974.164,622.644,530.674,573.044,460.784,200.31
Total Liabilities & Stockholders Equity54,515.5153,881.0952,724.5653,041.4252,533.3451,409.36
Book Value Per Share61.7072.0469.8369.9667.6463.04
Tangible Book Value Per Share61.7072.0469.8369.9667.6463.04
Tier 1 Capital4,915.334,809.304,787.204,747.034,714.274,667.87
Tier 2 Capital458.26454.54454.30473.29467.91467.72
Full-Time Employees---6,008--
Price to Book Ratio2.562.211.961.872.012.08
Return on Assets1.271.281.261.221.221.20
Return on Equity16.1615.3315.3115.1614.6815.34
Return on Invested Capital3.973.313.353.213.463.29
Current Ratio0.220.210.240.250.270.25

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations214.31197.07195.96217.36216.13197.93
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital85.11-142.6041.38-35.2730.48-53.60
Cash from Operating Activities299.4254.47237.34182.09246.61144.33
Capital Expenditures-43.99-60.08-38.60-42.52-36.92-26.27
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses8.390.000.470.920.010.03
Purchase or Sale of Investments17.01-1,243.27-756.341,035.89-44.80319.87
Purchase of Investments-5,669.94-5,756.82-5,627.19-6,109.98-7,099.01-2,387.34
Sale Or Maturity of Investments5,686.954,513.564,870.857,145.877,054.202,707.21
Other Uses0.000.000.000.000.000.00
Other Sources0.750.161.410.70-0.041.13
Cash from Investing Activities-695.59-1,857.23-1,329.75548.95-273.21-61.13
Cash Dividends Paid-66.62-66.44-65.68-65.73-66.37-66.60
Preferred Dividends (Cash Flow)-1.67-1.67-1.67-1.67-1.67-1.67
Change in Capital Stock-15.16-90.89-72.30-81.31-67.862.17
Repurchase of Common Pref Stock-15.16-90.89-72.30-85.37-69.78-0.08
Sale of Common Pref Stock0.000.000.004.071.932.25
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net224.79785.04-417.57-50.89151.44-49.04
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities1,031.371,125.54-637.24202.78850.75-820.52
Net Change in Cash635.19-677.22-1,729.64933.82824.15-737.32
Free Cash Flow255.43-5.61198.74139.58209.69118.06
Price to Free Cash Flow29.3034.6921.53---

Revenue breakdown

United States2024: 2.06B 2025: 2.24B
Total National Commercial Banks revenue2024: 2.06B 2025: 2.24B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.28%4.2M58.2M493.60K
2026-10-157.61%4.4M58.2M534.36K
2026-09-307.59%4.4M58.2M551.14K
2026-09-156.94%4.0M58.2M570.58K
2026-08-316.67%3.9M58.2M594.74K
2026-08-145.67%3.3M58.2M602.07K
2026-07-316.85%4.0M58.2M610.42K
2026-07-156.41%3.8M58.8M571.36K
2026-06-306.13%3.6M58.8M567.29K
2026-06-156.02%3.5M58.8M538.08K
2026-05-295.28%3.1M58.8M543.41K
2026-05-154.79%2.8M58.8M560.48K
2026-04-303.92%2.3M58.8M539.92K
2026-04-153.71%2.2M59.0M568.06K
2026-03-314.43%2.6M58.9M565.75K
2026-03-134.22%2.5M58.9M555.11K
2026-02-273.23%1.9M58.9M512.08K
2026-02-132.85%1.7M58.9M497.08K
2026-01-302.94%1.7M59.0M499.65K
2026-01-153.41%2.0M59.7M476.75K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call10551.6054.000.001.7900.000.000.983-0.0740.010
call11046.2049.000.001.6200.000.000.981-0.0730.011
call11541.0044.200.001.5190.000.000.910-0.3770.040
call12036.0039.500.001.4350.000.000.901-0.3640.043
call12531.6034.300.001.2230.000.000.890-0.3500.046
call13026.6029.300.001.0660.000.000.876-0.3340.050
call13521.3024.2022.700.8901.000.000.859-0.3150.055
call14016.7019.800.000.8440.000.000.836-0.2920.060
call14511.1014.300.000.6010.000.000.807-0.2600.067
call1507.009.706.300.4954.000.000.755-0.2240.077
call1553.604.607.000.28912.000.000.659-0.1610.090
call1601.151.551.500.24891.000.000.398-0.1620.095
call1650.002.501.670.4202.000.000.279-0.2070.083
call1700.002.151.300.55932.000.000.221-0.2340.073
call1750.002.150.000.6860.000.000.187-0.2560.066
call1800.002.150.000.7951.000.000.159-0.2690.060
call1850.002.150.000.9010.000.000.145-0.2860.056
call1900.002.150.001.0010.000.000.134-0.3000.053
call1950.002.150.001.0950.000.000.125-0.3130.050
call2000.002.150.001.1850.000.000.117-0.3250.048
call2100.002.150.001.3530.000.000.106-0.3450.045
call2200.002.150.001.5200.000.000.102-0.3750.044
call2300.002.150.001.6510.000.000.091-0.3760.040
put1050.002.150.002.0560.000.00-0.076-0.4070.036
put1100.002.150.001.1610.000.00-0.018-0.0720.011
put1150.002.150.001.6740.000.00-0.089-0.3720.040
put1200.002.150.001.5020.000.00-0.098-0.3590.043
put1250.002.150.001.3370.000.00-0.109-0.3450.046
put1300.002.150.901.1712.000.00-0.123-0.3300.050
put1350.002.150.911.0075.000.00-0.140-0.3110.055
put1400.002.150.750.8451.000.00-0.163-0.2880.060
put1450.002.202.600.6821.000.00-0.189-0.2490.067
put1500.002.401.110.5166.000.00-0.231-0.2040.075
put1550.701.900.960.32525.000.00-0.340-0.1550.090
put1602.104.609.050.36210.000.00-0.602-0.1550.095
put1656.208.100.000.3480.000.00-0.751-0.1690.078
put17011.0013.500.000.5400.000.00-0.791-0.2140.070
put17515.9018.700.000.6950.000.00-0.820-0.2400.064
put18021.0023.500.000.7780.000.00-0.840-0.2600.060
put18525.8028.500.000.8840.000.00-0.855-0.2770.056
put19030.2033.600.001.0030.000.00-0.866-0.2910.053
put19535.8038.900.001.1550.000.00-0.875-0.3030.050
put20041.0043.500.001.1690.000.00-0.882-0.3140.048
put21050.8053.500.001.3370.000.00-0.893-0.3330.045
put22060.8063.900.001.5840.000.00-0.902-0.3480.042
put23070.1073.500.001.6380.000.00-0.908-0.3620.040

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13GSEC
2026-11-09CERTSEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-0925Notification of removal from listing and/or registration from a national securities exchangeSEC
2026-11-098-A12BSEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-024Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-2813F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-09-30SEC
2026-10-264Statement of changes in beneficial ownership of securities2026-10-24SEC
2026-10-264Statement of changes in beneficial ownership of securities2026-10-24SEC
2026-10-264Statement of changes in beneficial ownership of securities2026-10-24SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100544.19K2
2026-1000377.98K1
2026-090000
2026-080000
2026-070000
2026-0600124.12K1
2026-050000
2026-040000
2026-030000
2026-020000
2026-0100137.07K1
2025-120088.94K2
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.68%
Aristotle Capital Management, LLC7.11%
STATE STREET CORP5.12%
VANGUARD PORTFOLIO MANAGEMENT LLC5.10%
First Eagle Investment Management, LLC4.57%
VANGUARD CAPITAL MANAGEMENT LLC4.32%
BAILLIE GIFFORD & CO3.40%
VICTORY CAPITAL MANAGEMENT INC3.09%
DIMENSIONAL FUND ADVISORS LP2.77%
GEODE CAPITAL MANAGEMENT, LLC2.03%

Funds

Fund% owned
Core Fixed Income Fund17.52%
Victory Short-Term Bond Fund9.70%
LKCM Fixed Income Fund6.28%
Capital World Growth & Income Fund5.62%
EUPAC Fund5.40%
Victory Income Fund4.78%
VictoryShares Short-Term Bond ETF3.96%
iShares Core S&P Mid-Cap ETF3.42%
First Eagle Global Fund3.12%
Capital Income Builder3.02%

OakChart. CFR. Cached 15 minutes.