Cullen/Frost Bankers Announces Move to Texas Stock Exchange in Historic Shift

Cullen/Frost Bankers to Relocate Their Primary Listings to the Texas Stock Exchange

Cullen/Frost Bankers, Inc. has made a pivotal decision to shift its primary stock exchange listings from the New York Stock Exchange (NYSE) to the burgeoning Texas Stock Exchange (TXSE). This move not only highlights the growing economic vibrancy in Texas but also solidifies Cullen/Frost's commitment to the local finance sector.

Starting November 12, 2026, Cullen/Frost’s common stock, under ticker symbol CFR, along with its depositary shares representing a stake in its preferred stock, will begin trading on the TXSE. Both securities will cease operations on the NYSE just before, at the market close on November 11. Importantly, their ticker symbols will remain unchanged, minimizing disruption for existing shareholders.

Cullen/Frost's Chairman and CEO Phil Green commented on the transition, stating, “Since 1868, Frost has played a key role in supporting the growth of the Texas economy.” He further noted current economic dynamics, suggesting that more businesses and individuals, especially those in finance, are relocating to Texas. The emerging 'Y'all Street' financial district in Dallas is becoming a significant hub, and the decision to switch listings reinforces Cullen/Frost’s preeminence as a Texas-headquartered financial institution.

Moreover, James H. Lee, the Chairman and CEO of the Texas Stock Exchange, expressed pride in having Cullen/Frost as a primary listing. He remarked that this partnership reflects a shared belief in the strength of a Texas-based exchange, which ultimately benefits capital flow and job growth within the state.

Cullen/Frost Bankers, whose headquarters are located in San Antonio, is one of the largest banks in the United States, boasting $54.5 billion in assets as of September 30, 2026. With a history dating back to its founding in 1868, the bank provides a comprehensive range of financial services across Texas, covering areas such as banking, investments, and insurance. The locations serviced include dynamic regions such as Austin, Dallas, and Houston, as well as the Gulf Coast and Permian Basin areas.

This transition symbolizes more than just a change in stock exchange; it represents a strategic pivot that aligns with broader economic trends in the country. Many in the financial sector are recognizing Texas as a burgeoning economic powerhouse, and Cullen/Frost’s decision is both a response to this demographic shift and a proactive move to ensure their continued prominence in the evolving landscape. With this move, the institution is not just signaling its growth, but also its adaptability and commitment to serve its clients effectively for generations to come.

As the financial community watches this transition unfold, it will be interesting to see how this move impacts Cullen/Frost's operations and its long-term strategies. Stakeholders and clients are urged to stay informed as further information about the transition becomes available through official channels.

In conclusion, Cullen/Frost Bankers' shift to the Texas Stock Exchange marks a significant milestone in its storied history and sets the stage for new opportunities as it continues to evolve with the Texas economy. This bold step is reflective of the broader economic momentum present in Texas and positions Cullen/Frost as a key player in this dynamic arena.