Cullen/Frost Bankers, Inc. (CFR) Tax Rate (2009 - 2026)
Cullen's Tax Rate came in at 15.88% for Q2 2026, up 0.01 percentage points from 15.87% a year earlier and up 0.36 percentage points from the prior quarter.
Cullen/Frost Bankers, Inc. (CFR) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cullen reported Tax Rate of 15.90%, down 0.06 percentage points year-over-year; for FY2025, it was 15.96%, down 0.34 percentage points from FY2024.
- Tax Rate carries a five-year change of +10.22 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 16.30% in FY2024 (+0.24 pp), 16.06% in FY2023 (+2.65 pp), 13.41% in FY2022 (+3.92 pp) and 9.49% in FY2021 (+3.75 pp).
- The five-year range for quarterly Tax Rate is 9.13% (Q4 2021) to 16.93% (Q2 2024).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -0.14 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2022 (a gain of 4.93 percentage points), and the weakest in Q2 2025 (a drop of 1.06 percentage points).
- Business Quant data shows CFR's Tax Rate at 15.52% (Q1 2026), 16.03% (Q4 2025) and 16.17% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.88% |
| Mar 31, 2026 | 15.52% |
| Dec 31, 2025 | 16.03% |
| Sep 30, 2025 | 16.17% |
| Jun 30, 2025 | 15.87% |
| Mar 31, 2025 | 15.73% |
| Dec 31, 2024 | 15.85% |
| Sep 30, 2024 | 16.40% |
| Jun 30, 2024 | 16.93% |
| Mar 31, 2024 | 16.01% |
| Dec 31, 2023 | 15.04% |
| Sep 30, 2023 | 16.76% |
| Jun 30, 2023 | 16.37% |
| Mar 31, 2023 | 15.74% |
| Dec 31, 2022 | 13.04% |
| Sep 30, 2022 | 14.03% |
| Jun 30, 2022 | 14.79% |
| Mar 31, 2022 | 11.30% |
| Dec 31, 2021 | 9.13% |
| Sep 30, 2021 | 10.99% |
Cullen/Frost Bankers, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();