The historical rank and industry rank for Cullen/Frost Bankers's Net Margin % or its related term are showing as below:
STU:CFZ'
s Net Margin % Range Over the Past 10 Years
Min: 22.97 Med: 30.18 Max: 34.75
Current: 29.46
STU:CFZ's Net Margin % is ranked better than 59% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs STU:CFZ: 29.46
Cullen/Frost Bankers (STU:CFZ) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Cullen/Frost Bankers Net Margin % Related Terms
Cullen/Frost Bankers Net Margin % Historical Data
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The historical data trend for Cullen/Frost Bankers's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:CFZ vs COLB, WAL, ZION: Net Margin % Comparison
For the Banks - Regional subindustry, Cullen/Frost Bankers's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cullen/Frost Bankers Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Cullen/Frost Bankers's Net Margin % distribution charts can be found below:
* The bar in red indicates where Cullen/Frost Bankers's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cullen/Frost Bankers (STU:CFZ) has a Net Margin % of 29.75% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Cullen/Frost Bankers and its competitors. This is near median its historical median of 30.18. Over the past decade, Cullen/Frost Bankers' Net Margin % has ranged from 22.97 to 34.75. According to the industry distribution chart, Cullen/Frost Bankers ranks #626 out of 1527 companies in the Banks industry, placing it in the top 41%.
Is Cullen/Frost Bankers' Net Margin % too high?
Cullen/Frost Bankers' current Net Margin % of 29.75% is near median its 10-year median of 30.18. Over the past 10 years, this metric has ranged from a low of 22.97 to a high of 34.75. The Banks industry median Net Margin % is 26.95. Cullen/Frost Bankers' value of 29.75% is 10.4% above this industry median. Based on the distribution chart, Cullen/Frost Bankers ranks #626 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Cullen/Frost Bankers has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Cullen/Frost Bankers' Net Margin % compare to COLB and WAL?
According to the Banks industry distribution chart, Cullen/Frost Bankers ranks #626 out of 1527 companies for Net Margin %. This puts Cullen/Frost Bankers in the upper half of its industry. The industry median Net Margin % is 26.95. Cullen/Frost Bankers' value of 29.75% is 10.4% above this benchmark. Historically, Cullen/Frost Bankers' own Net Margin % has ranged from 22.97 to 34.75 over the past decade. While the company's 10-year median is 30.18 vs. the industry median of 26.95, Cullen/Frost Bankers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cullen/Frost Bankers's current Net Margin % of 29.75% is 10.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Cullen/Frost Bankers and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cullen/Frost Bankers's current Net Margin % is 29.75%, which is near median its own 10-year median of 30.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cullen/Frost Bankers stock overvalued right now?
Cullen/Frost Bankers (STU:CFZ) has a current Net Margin % of 29.75%. The stock's GF Value™ is €118.94, compared to a current price of €132.00 — trading 11% above its estimated fair value. The current Net Margin % is 29.75%, which is near median its 10-year median of 30.18 and 10.4% above the Banks industry median of 26.95. Cullen/Frost Bankers' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Cullen/Frost Bankers (STU:CFZ), the current Net Margin % is 29.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cullen/Frost Bankers (STU:CFZ) Overvalued in 2026?
Based on GuruFocus' analysis, Cullen/Frost Bankers stock appears to be overvalued.
The current stock price of €132.00 is trading 11% above its estimated GF Value™ of €118.94.
Key valuation signals for STU:CFZ:
Net Margin %: 29.75% (near median its 10-year median of 30.18)
GF Value™: €118.94 vs. price of €132.00 (11% above fair value)
Industry Position: 10.4% above the Banks median (#626 of 1527)
No single metric tells the full story. See the STU:CFZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cullen/Frost is a regional US bank with around $52 billion in assets (as of March 2026), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based banking approach that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through targeted branch openings rather than acquisitions. The bank's sweet spot is small to medium-sized Texas-based commercial clients.
73GF Score
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