Cullen/Frost Bankers, Inc.

NYSE:CFR Stock Report

Market Cap: US$7.9b

Cullen/Frost Bankers Management

Management criteria checks 4/4

Cullen/Frost Bankers' CEO is Phil Green, appointed in Apr 2016, has a tenure of 9.58 years. total yearly compensation is $6.73M, comprised of 18.2% salary and 81.8% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $18.38M. The average tenure of the management team and the board of directors is 7.1 years and 8.1 years respectively.

Key information

Phil Green

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage18.20%
CEO tenure9.6yrs
CEO ownership0.2%
Management average tenure7.1yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

Cullen/Frost Q3: Expansion Efforts Begin To Bear Fruit

Nov 04

Cullen/Frost Bankers (NYSE:CFR) Is Paying Out A Larger Dividend Than Last Year

May 08
Cullen/Frost Bankers (NYSE:CFR) Is Paying Out A Larger Dividend Than Last Year

Cullen/Frost Bankers: Holding Off On An Upgrade

Apr 21

Cullen/Frost Bankers: Near-Term Earnings Growth Likely To Be Muted

Feb 05

Cullen/Frost Bankers: Tailwinds From Texas Growth And Higher Rates

Jan 24

Cullen/Frost Bankers: A Growing Texas Bank In A Growing State, Awaiting Cooler Valuation

Nov 21
User avatar

Expanding Market Presence And Innovative Mortgage Products Set To Propel Revenue And Market Share

Expansion into new markets like Houston and Dallas, along with strong loan and deposit growth, positions for increased revenues and market share.

Cullen/Frost: Earnings Remain Subdued, But The Valuation Is Still Attractive

Aug 26

Cullen/Frost Bankers: There Are Better Opportunities Out There At This Time

Feb 12

Cullen/Frost Looks Undervalued As Funding Cost Pressure Subsides

Nov 18

Cullen/Frost Bank: Phenomenal Buying Opportunity For This Quality Texas Bank

Sep 11

Holding On To Cullen/Frost Bankers, A Strong But Overvalued Texas Bank

Jul 03

CEO Compensation Analysis

How has Phil Green's remuneration changed compared to Cullen/Frost Bankers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$624m

Jun 30 2025n/an/a

US$597m

Mar 31 2025n/an/a

US$585m

Dec 31 2024US$7mUS$1m

US$570m

Sep 30 2024n/an/a

US$517m

Jun 30 2024n/an/a

US$527m

Mar 31 2024n/an/a

US$543m

Dec 31 2023US$6mUS$1m

US$585m

Sep 30 2023n/an/a

US$673m

Jun 30 2023n/an/a

US$687m

Mar 31 2023n/an/a

US$645m

Dec 31 2022US$6mUS$1m

US$567m

Sep 30 2022n/an/a

US$478m

Jun 30 2022n/an/a

US$417m

Mar 31 2022n/an/a

US$416m

Dec 31 2021US$5mUS$927k

US$432m

Sep 30 2021n/an/a

US$421m

Jun 30 2021n/an/a

US$409m

Mar 31 2021n/an/a

US$386m

Dec 31 2020US$4mUS$1m

US$320m

Sep 30 2020n/an/a

US$334m

Jun 30 2020n/an/a

US$349m

Mar 31 2020n/an/a

US$365m

Dec 31 2019US$5mUS$1m

US$432m

Sep 30 2019n/an/a

US$447m

Jun 30 2019n/an/a

US$453m

Mar 31 2019n/an/a

US$453m

Dec 31 2018US$5mUS$990k

US$444m

Compensation vs Market: Phil's total compensation ($USD6.73M) is about average for companies of similar size in the US market ($USD8.43M).

Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.

CEO

Phil Green (70 yo)

9.6yrs
Tenure
US$6,732,410
Compensation

Mr. Phillip D. Green, also known as Phil, is Director of Southwest Research Institute. He has been the Chairman and Chief Executive Officer of Cullen/Frost Bankers, Inc. since April 01, 2016 and served as...

Leadership Team

NamePositionTenureCompensationOwnership
Phillip Green
Chairman of the Board & CEO9.6yrsUS$6.73m0.23%
$ 18.4m
Paul Bracher
President9.6yrsUS$2.24m0.25%
$ 19.5m
Jimmy Stead
Group Executive VP and Chief Consumer Banking Officer & Technology Officer5.8yrsUS$2.14m0.032%
$ 2.5m
Coolidge Rhodes
Group Executive VP4.2yrsUS$1.92m0.0082%
$ 647.2k
Daniel Geddes
Group Executive VP & CFOless than a yearno data0.017%
$ 1.3m
Matthew Henson
Executive VP & Chief Accounting Officerless than a yearno data0.010%
$ 819.7k
A. Mendez
Director of Investor Relations7.4yrsno datano data
Annette Alonzo
Group Executive VP & Chief Human Resources Officer9.6yrsno data0.054%
$ 4.3m
Carole Kilpatrick
Senior Vice President of Private Client Services for Allen Financial Center20.3yrsno datano data
Robert Berman
Group Executive Vice President of Research & Strategy24.5yrsno data0.075%
$ 6.0m
Carol Severyn
Group Executive VP & Chief Risk Officer6.8yrsno data0.034%
$ 2.7m
Howard Kasanoff
Group Executive VP & Chief Credit Officer2.8yrsno data0.011%
$ 888.5k
7.1yrs
Average Tenure
55.5yo
Average Age

Experienced Management: CFR's management team is seasoned and experienced (7.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Phillip Green
Chairman of the Board & CEO9.6yrsUS$6.73m0.23%
$ 18.4m
Anthony Chase
Independent Director5.6yrsUS$187.11k0%
$ 0
Charles Matthews
Independent Lead Director15.3yrsUS$267.94k0.0047%
$ 371.1k
Cynthia Comparin
Independent Director7.3yrsUS$193.28k0.0016%
$ 123.4k
Crawford Edwards
Independent Director20yrsUS$183.28k0.28%
$ 22.5m
Linda Rutherford
Independent Director3.6yrsUS$190.44kno data
Chris Avery
Independent Director9.9yrsUS$185.78k0.063%
$ 4.9m
Samuel Dawson
Independent Director8.8yrsUS$190.44k0.0088%
$ 693.9k
David Haemisegger
Independent Director17.1yrsUS$182.94k0.000030%
$ 2.4k
Esperanza Andrade
Independent Director1.8yrsUS$175.11kno data
Joseph Pierce
Independent Director3.1yrsUS$172.48kno data
John Willome
Independent Director2.8yrsUS$185.78k0.014%
$ 1.1m
8.1yrs
Average Tenure
70yo
Average Age

Experienced Board: CFR's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/07 19:38
End of Day Share Price 2025/11/07 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cullen/Frost Bankers, Inc. is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew KeatingBarclays
Jared David ShawBarclays
Peter WinterBMO Capital Markets Equity Research