Cullen/Frost Bankers Moves Stock Listing to Texas Stock Exchange

Cullen/Frost Bankers, Inc. will voluntarily transfer its primary stock exchange listings from the New York Stock Exchange to the Texas Stock Exchange. The move includes the company's common stock and its Series B non-cumulative perpetual preferred stock depositary shares.

Trading on the New York Stock Exchange is scheduled to end at market close on November 11, 2026, with trading beginning on the Texas Stock Exchange at market open on November 12, 2026. Both securities will keep their existing ticker symbols, and the company stated that no action is required from shareholders.

Company leadership described the transition as a way to reinforce its position as a preeminent Texas-based financial institution. Phil Green noted that the move aligns with a broader migration of the finance sector toward Texas, specifically the emerging financial district in Dallas. James H. Lee stated that the decision reflects a shared conviction that a Texas-based exchange strengthens capital flow and job growth within the state.