Cullen/Frost Bankers
About: Cullen/Frost is a regional US bank with around $50 billion in assets (as of 2024 year-end), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based approach to banking that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through branch openings. The bank's sweet spot is small to medium-size Texas-based commercial clients.
Employees: 5,854
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
371% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $5.15M
68% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 47
5% more funds holding
Funds holding: 447 [Q4 2024] → 468 (+21) [Q1 2025]
3.99% less ownership
Funds ownership: 86.47% [Q4 2024] → 82.48% (-3.99%) [Q1 2025]
11% less capital invested
Capital invested by funds: $7.44B [Q4 2024] → $6.64B (-$807M) [Q1 2025]
15% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 170
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Jefferies David Chiaverini | 15%downside $105 | Underperform Initiated | 21 May 2025 |
RBC Capital Karl Shepard | 13%upside $140 | Sector Perform Maintained | 2 May 2025 |
Stephens & Co. Matt Olney | 14%upside $141 | Equal-Weight Maintained | 2 May 2025 |
Barclays Jared Shaw | 9%upside $135 | Equal-Weight Maintained | 2 May 2025 |
Financial journalist opinion
Based on 4 articles about CFR published over the past 30 days









