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Cullen/Frost Bankers CFR Frost Wealth Advisors — Net occupancy

Other segment segments

Bank
$30.78M+3.5%
Non-Banks
$0

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Other financials

Income statement

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Revenue$574.8M+6.4%
Net income$171.0M+13.3%
EPS (diluted)$2.65+15.2%

Balance sheet

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Cash & equivalents$7.1B-9.0%
Total debt$296.4M
Total equity$4.5B+10.1%
Total assets$52.7B+1.4%

Cash flow

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Operating cash flow$237.3M+180%
CapEx$38.6M-5.7%
Free cash flow$198.7M+159%

Valuation

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Market cap$10.32B+29.8%
P/E15.4×+2.4×
P/S4.6×+0.8×

Profitability

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Net margin29.5%+1.0pp
FCF margin3.5%

Returns & leverage

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Return on equity15.5%0.0pp
Debt / equity0.1×

Where this comes from

Reported directly by Cullen/Frost Bankers in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: Cullen/Frost Bankers’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000039263-26-000035
Three months ended: / March 31, 2026BankingFrost Wealth AdvisorsNon-BanksConsolidated
Non-interest expense:
Salaries and wages145,83019,938422166,190
Employee benefits39,6924,9382644,656
Net occupancy30,7823,97134,753
Technology, furniture and equipment40,0921,5325041,674
Deposit insurance7,192117,203
Other56,52613,81487071,210
Total non-interest expense320,11444,2041,368365,686

Item 1. Financial Statements (Unaudited)

FAQ

What is Cullen/Frost Bankers's frost wealth advisors — net occupancy?
Cullen/Frost Bankers (CFR) reported frost wealth advisors — net occupancy of $3.97M in Q1 2026.
How has Cullen/Frost Bankers's frost wealth advisors — net occupancy changed year-over-year?
Cullen/Frost Bankers's frost wealth advisors — net occupancy increased by 12.1% year-over-year, from $3.54M to $3.97M.
What is the long-term trend for Cullen/Frost Bankers's frost wealth advisors — net occupancy?
Over 3 years (2022 to 2025), Cullen/Frost Bankers's frost wealth advisors — net occupancy has grown at a 2.2% compound annual growth rate (CAGR), from $13.58M to $14.48M.
What does frost wealth advisors — net occupancy mean?
The net costs associated with maintaining physical office space for the wealth management segment, including rent, utilities, and building maintenance. This reflects the fixed overhead required to support the segment's physical presence.

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