Earnings call transcript: Cullen/Frost beats Q2 2026 estimates as shares slip

Cullen/Frost Bankers reported strong Q2 2026 results, exceeding Wall Street expectations with earnings of $2.70 per share and revenue of $598.35 million. Despite the beat, the stock slipped 2.12% in premarket trading, as investors focused on credit trends, deposit costs, and future growth pace. Management raised key aspects of its full-year outlook, including loan growth and net interest income, signaling continued optimism despite market competition.