Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Cullen/Frost Bankers chief accounting officer Henson sells $85,290 of stock

Cullen/Frost Bankers chief accounting officer Henson sells $85,290 of stock

Matthew Bradley Henson, Chief Accounting Officer at Cullen/Frost Bankers, Inc., divested 534 shares of the company's common stock on November 2, 2026, according to a recent Securities and Exchange Commission filing. The sale, priced at $159.72 per share, totaled $85,290. Post-transaction, Mr. Henson retained ownership of 317 shares.

The sale price exceeded the stock's current valuation of $155.23 per share. Of note, Henson directly owns 5,545 depositary shares, each symbolizing a 1/40th interest in a share of Cullen/Frost Bankers' 4.450% Non-Cumulative Perpetual Preferred Stock Series B. Indirectly, he holds 6,592.548 shares of common stock through his 401(k) Plan.

InvestingPro Tips indicate the bank has increased its dividend for 34 consecutive years, with eight analysts revising earnings upwards. Cullen/Frost Bankers posted strong third-quarter results, exceeding estimates with earnings per share of $2.84 and revenue of $626.73 million. The San Antonio-based bank reported improvements in net interest margin and growth in loans and deposits.

Despite modest share price movement, analysts view the performance positively, noting a steady trajectory and upward revisions in earnings forecasts.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Sunday 8 November →