Cullen/frost Bankers annual return on equity
2009
2010
2011
2012
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2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cullen/frost Bankers Return on Equity (ROE) Growth & History (CFR)
Cullen/frost Bankers's return on equity was 15.31% for fiscal 2025.
View full Cullen/frost Bankers company overviewCullen/frost Bankers annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.31% | +0.01 pp |
| 2024 | 2024-12-31 | 15.30% | −2.15 pp |
| 2023 | 2023-12-31 | 17.45% | +2.16 pp |
| 2022 | 2022-12-31 | 15.29% | +5.14 pp |
| 2021 | 2021-12-31 | 10.15% | +2.08 pp |
| 2020 | 2020-12-31 | 8.07% | −4.11 pp |
| 2019 | 2019-12-31 | 12.19% | −1.46 pp |
| 2018 | 2018-12-31 | 13.65% | +2.09 pp |
| 2017 | 2017-12-31 | 11.56% | +1.23 pp |
| 2016 | 2016-12-31 | 10.33% | +0.60 pp |
| 2015 | 2015-12-31 | 9.73% | −0.63 pp |
| 2014 | 2014-12-31 | 10.36% | +0.71 pp |
| 2013 | 2013-12-31 | 9.65% | −0.48 pp |
| 2012 | 2012-12-31 | 10.12% | +0.11 pp |
| 2011 | 2011-12-31 | 10.01% | −0.54 pp |
| 2010 | 2010-12-31 | 10.55% | +0.77 pp |
| 2009 | 2009-12-31 | 9.79% | — |
Cullen/frost Bankers quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.76% | −0.02 pp |
| Q1 2026 | 2026-03-31 | 3.76% | −0.01 pp |
| Q4 2025 | 2025-12-31 | 3.68% | −0.17 pp |
| Q3 2025 | 2025-09-30 | 4.03% | +0.27 pp |
| Q2 2025 | 2025-06-30 | 3.78% | −0.21 pp |
| Q1 2025 | 2025-03-31 | 3.77% | +0.08 pp |
| Q4 2024 | 2024-12-31 | 3.86% | +0.80 pp |
| Q3 2024 | 2024-09-30 | 3.76% | −1.12 pp |
| Q2 2024 | 2024-06-30 | 3.98% | −0.75 pp |
| Q1 2024 | 2024-03-31 | 3.69% | −1.69 pp |
| Q4 2023 | 2023-12-31 | 3.05% | −3.37 pp |
| Q3 2023 | 2023-09-30 | 4.87% | −0.64 pp |
| Q2 2023 | 2023-06-30 | 4.73% | +1.39 pp |
| Q1 2023 | 2023-03-31 | 5.38% | +2.97 pp |
| Q4 2022 | 2022-12-31 | 6.43% | +4.13 pp |
| Q3 2022 | 2022-09-30 | 5.51% | +3.04 pp |
| Q2 2022 | 2022-06-30 | 3.34% | +0.61 pp |
| Q1 2022 | 2022-03-31 | 2.41% | −0.30 pp |
| Q4 2021 | 2021-12-31 | 2.29% | +0.19 pp |
| Q3 2021 | 2021-09-30 | 2.47% | +0.12 pp |
| Q2 2021 | 2021-06-30 | 2.73% | +0.36 pp |
| Q1 2021 | 2021-03-31 | 2.71% | +1.30 pp |
| Q4 2020 | 2020-12-31 | 2.11% | −0.55 pp |
| Q3 2020 | 2020-09-30 | 2.35% | −0.59 pp |
| Q2 2020 | 2020-06-30 | 2.38% | −0.67 pp |
| Q1 2020 | 2020-03-31 | 1.42% | −1.93 pp |
| Q4 2019 | 2019-12-31 | 2.66% | −0.91 pp |
| Q3 2019 | 2019-09-30 | 2.94% | −0.63 pp |
| Q2 2019 | 2019-06-30 | 3.04% | −0.35 pp |
| Q1 2019 | 2019-03-31 | 3.35% | +0.09 pp |
| Q4 2018 | 2018-12-31 | 3.57% | +0.47 pp |
| Q3 2018 | 2018-09-30 | 3.56% | +0.66 pp |
| Q2 2018 | 2018-06-30 | 3.40% | +0.69 pp |
| Q1 2018 | 2018-03-31 | 3.26% | +0.47 pp |
| Q4 2017 | 2017-12-31 | 3.10% | +0.38 pp |
| Q3 2017 | 2017-09-30 | 2.90% | +0.36 pp |
| Q2 2017 | 2017-06-30 | 2.71% | +0.37 pp |
| Q1 2017 | 2017-03-31 | 2.78% | +0.45 pp |
| Q4 2016 | 2016-12-31 | 2.72% | +0.71 pp |
| Q3 2016 | 2016-09-30 | 2.55% | −0.08 pp |
| Q2 2016 | 2016-06-30 | 2.33% | −0.19 pp |
| Q1 2016 | 2016-03-31 | 2.34% | −0.16 pp |
| Q4 2015 | 2015-12-31 | 2.01% | −0.56 pp |
| Q3 2015 | 2015-09-30 | 2.63% | −0.14 pp |
| Q2 2015 | 2015-06-30 | 2.53% | +0.03 pp |
| Q1 2015 | 2015-03-31 | 2.50% | +0.10 pp |
| Q4 2014 | 2014-12-31 | 2.56% | +0.06 pp |
| Q3 2014 | 2014-09-30 | 2.77% | +0.31 pp |
| Q2 2014 | 2014-06-30 | 2.50% | +0.05 pp |
| Q1 2014 | 2014-03-31 | 2.41% | +0.14 pp |
| Q4 2013 | 2013-12-31 | 2.51% | +0.02 pp |
| Q3 2013 | 2013-09-30 | 2.46% | +0.01 pp |
| Q2 2013 | 2013-06-30 | 2.45% | −0.03 pp |
| Q1 2013 | 2013-03-31 | 2.27% | −0.38 pp |
| Q4 2012 | 2012-12-31 | 2.49% | +0.04 pp |
| Q3 2012 | 2012-09-30 | 2.45% | −0.01 pp |
| Q2 2012 | 2012-06-30 | 2.48% | −0.13 pp |
| Q1 2012 | 2012-03-31 | 2.65% | +0.15 pp |
| Q4 2011 | 2011-12-31 | 2.45% | −0.09 pp |
| Q3 2011 | 2011-09-30 | 2.46% | −0.18 pp |
| Q2 2011 | 2011-06-30 | 2.61% | −0.08 pp |
| Q1 2011 | 2011-03-31 | 2.50% | — |
| Q4 2010 | 2010-12-31 | 2.54% | — |
| Q3 2010 | 2010-09-30 | 2.65% | — |
| Q2 2010 | 2010-06-30 | 2.69% | — |
Cullen/frost Bankers return on equity trends
Over the last five fiscal years, Cullen/frost Bankers's return on equity increased from 8.07% to 15.31%, a change of +7.24 percentage points. The latest reported quarter, Q2 2026, shows 3.76%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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