Filing Flows › Cullen/Frost Bankers (CFR) › Q2 2026 › vs Q2 2025
Cullen/Frost Bankers (CFR) Q2 2026 vs Q2 2025 (year over year)
Cullen/Frost Bankers's revenue rose $29.1M (+5%) from $547M in Q2 2025 to $576M in Q2 2026. Operating margin 35.5% against 34.1% (+1.4 pts).
Cullen/Frost Bankers, Q2 2026: revenue $576M (+5% year over year), operating margin 35.5%, net earnings $172M, operating cash flow $52.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 35.5% | 34.1% | +1.4 pts |
| Net margin | 29.9% | 28.7% | +1.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $576M | $547M | $29.1M | +5% |
| Operating profit | $205M | $187M | $17.9M | +10% |
| Costs & expenses | $371M | $360M | $11.2M | +3% |
| Pre-tax earnings | $205M | $187M | $17.9M | +10% |
| Net earnings | $172M | $157M | $15.1M | +10% |
| Income tax | $32.5M | $29.6M | $2.9M | +10% |
| Depreciation & amortization | $22.4M | $21.8M | $594K | +3% |
| Share-based compensation | $5.4M | $4.8M | $571K | +12% |
| Working capital & other | $147M | $42.9M | $104M | +243% |
| Operating cash flow | $52.9M | $141M | −$87.8M | -62% |
| Capital expenditures | $60.1M | $26.3M | $33.8M | +129% |
| Negative free cash flow (OCF − capex) | $7.1M | −$115M | $122M | — |
Questions
How much did Cullen/Frost Bankers's revenue grow year over year in Q2 2026?
Cullen/Frost Bankers's revenue rose $29.1M (+5%) from $547M in Q2 2025 to $576M in Q2 2026. Operating margin 35.5% against 34.1% (+1.4 pts).