Cullen/Frost Q4 Capital Ratios Stable, CEO Says Growth Will Continue
Common Equity Tier 1, Tier 1 and Total Risk-Based Capital Ratios for Cullen/Frost at the end of Q4 were 14.06%, 14.50%, and 15.95%, respectively. Q4 net interest margin was 3.66% vs. 3.53% for Q4 2024 and 3.69% for Q3 2025. Book value per common share at end of quarter was $69.96 from $67.64 at previous quarter end. "We carry great momentum with us as we enter 2026 and continue executing on a number of strategic growth initiatives," said CEO, Phil Green. "Frost bankers throughout the state remain squarely focused on making our customers' lives better and supporting their growth in an increasing range of ways over time. We continue to execute on our organic growth strategy, and continue to believe that it is a durable and scalable strategy that will fuel Frost's growth for years to come. During Q4, we opened new financial centers in the Austin, Dallas, and San Antonio markets, bringing us to a total of 10 new locations opened during 2025."
