$CFR

J.P. Morgan placed Richemont on Positive Catalyst Watch, citing an 11% share price drop and strong jewellery demand. The broker raised its price target to CHF235 and maintained an 'overweight' rating. It forecasts 15% Q2 sales growth and expects earnings to accelerate as currency headwinds ease. Key risks include macroeconomic conditions and a stronger Swiss franc.

Cullen/Frost Bankers Inc (NYSE:CFR) declared a $1.03 per share dividend, payable on 2026-09-15. The Texas-based bank has a strong dividend history, increasing payouts annually since 1993, with a current yield of 2.49%. It focuses on small to medium-sized commercial clients in Texas, with around $54 billion in assets.

Capital Performance Group ranked the top 10 U.S. banks with over $50B in assets for 2025, based on three-year average ROAE. The top performers included First Citizens Bank, Raymond James Financial, and East West Bank, with net interest margins ranging from 3.25% to 3.42%. JPMorganChase and Cullen/Frost Bankers also made the list, with JPMorgan reporting $185.6B in revenue and $57.0B in net income. The report highlights two primary bank operating models: spread-based traditional banking and fee-b

Texas-headquartered banks face increased competition from out-of-state lenders expanding into Texas via branches and acquisitions, including deals involving Comerica, Veritex Holdings and Cadence Bank. Banks are adjusting loan pricing and deposit rates to retain customers. State National Bank (about $55M assets) says it will be flexible. Frost Bank (about $53.9B assets) is competing on loan pricing and opening branches.

Cullen/Frost Bankers, Inc. (CFR) published a June 30, 2026 investor presentation under Regulation FD. It cites 62% branch growth since 2018, with $3.1B expansion loans and $3.7B expansion deposits as of Q2 2026. The deck reports $53.9B total assets, $43.3B deposits, $23.0B loans, 0.68% CRE non-accrual, and a $21.5B securities portfolio yielding 3.96% TE.

RBC said Cullen/Frost Bankers has a favorable outlook. In a prior note dated July 31, RBC raised its price target to $176 from $168 and kept a Sector Perform rating, according to the article. The stock closed at $170.08 on Aug. 14, up 0.88% on the day.

Cullen/Frost Bankers (NYSE:CFR) reported Q2 2026 results with net interest income of $447.73 million and net income of $172.06 million year over year, plus lower net charge-offs. The bank completed a $160.03 million share repurchase (1.85% of shares) and raised and narrowed full-year 2026 NII and margin guidance, while affirming dividends. Guidance range cited: 4.75% to 5.25% NII growth.

Central Food Retail (CFR) agreed to acquire Aeon (Thailand), the Thai supermarket arm of Japan’s Aeon Group. The deal will rename Aeon (Thailand) stores to Tops and fold them into CFR’s network. Aeon (Thailand) has registered capital of Bt890m. Completion depends on conditions precedent and will be funded via Central Retail cash flow.

Simply Wall St reports Cullen/Frost Bankers (CFR) raised full-year 2026 earnings guidance, citing updated expectations for net interest income and net interest margin that match its Q2 results. The article notes the stock at $166.13, with 30-day return 6.32%, YTD 29.62%, and fair value $167.50. It also cites P/E 15.4x vs US banks 12.2x.

Simply Wall St reports Cullen/Frost Bankers (CFR) posted Q2 2026 results with net interest income of $447.73 million and net income of $172.06 million. Net charge-offs were $9.53 million. The board approved common and Series B preferred dividends payable Sept. 15, 2026, and management raised full-year guidance. Article cites 2029 targets of $2.6 billion revenue and $676.0 million earnings.