Cullen/Frost Bankers, Inc. has announced its intention to voluntarily transfer its primary stock exchange listings from the New York Stock Exchange (NYSE) to the Texas Stock Exchange (TXSE). The transfer applies to the company's common stock and its depositary shares representing a 1/40th interest in a share of 4.450% non-cumulative perpetual preferred stock, Series B.
According to the filing, the Common Stock and the Depositary Shares are expected to cease trading on the NYSE at the market close on November 11, 2026. Trading on the TXSE is scheduled to begin at the market open on November 12, 2026. The company stated that no action is required from shareholders to facilitate the transfer.
Under the new listing, the Common Stock will trade under the symbol “CFR” and the Depositary Shares will trade under the symbol “CFR.PrB,” which are the same symbols currently used on the NYSE.
In a press release accompanying the filing, Cullen/Frost Chairman and CEO Phil Green stated that the move is intended to reinforce the company's position as a preeminent Texas-based financial institution. He noted the company's history of supporting the Texas economy since 1868 and the ongoing economic migration into the state.
The Texas Stock Exchange also commented on the move, with Chairman and CEO James H. Lee stating that the listing reflects a shared conviction that a strong, Texas-based exchange strengthens the flow of capital and the growth of financial-sector jobs across the state.
Cullen/Frost Bankers, Inc. is a financial holding company headquartered in San Antonio with $54.5 billion in assets as of September 30, 2026. The company provides banking, investment, and insurance services across multiple regions in Texas, including Austin, Dallas, Houston, and San Antonio.