Cullen/Frost Bankers, Inc. filed an 8-K on October 29, 2026, announcing a voluntary transfer of its primary stock exchange listings for both its common stock and preferred depositary shares from the New York Stock Exchange to the Texas Stock Exchange, effective November 12, 2026.

Key Highlights

  • Exchange transfer: Cullen/Frost disclosed it will voluntarily move primary listings from the NYSE to the Texas Stock Exchange (TXSE).
  • Two securities affected: The transfer covers common stock (ticker: CFR) and depositary shares representing 1/40th interest in 4.450% non-cumulative perpetual preferred stock, Series B (ticker: CFR.PrB).
  • Last NYSE trading day: Both securities are expected to cease trading on the NYSE at market close on Wednesday, November 11, 2026.
  • First TXSE trading day: Both securities are expected to commence trading on the TXSE at market open on Thursday, November 12, 2026.
  • Tickers unchanged: Both CFR and CFR.PrB will retain their existing trading symbols on the TXSE.
  • No shareholder action required: The company disclosed that no action is required on the part of Cullen/Frost shareholders in connection with the transfer.
  • Company size: According to the filing, Cullen/Frost reported $54.5 billion in assets as of September 30, 2026, and is described as one of the 50 largest U.S. banks.

Cullen/Frost Exits NYSE for Texas Stock Exchange in November 2026

Cullen/Frost Bankers, Inc. (NYSE:CFR), a financial holding company headquartered in San Antonio, Texas, announced on October 29, 2026, that it will voluntarily transfer its primary exchange listings to the Texas Stock Exchange. The company disclosed that this decision applies to both its common stock and its preferred depositary shares, which each represent a 1/40th interest in a share of its 4.450% non-cumulative perpetual preferred stock, Series B.

According to the filing, the two securities are expected to stop trading on the NYSE at the close of markets on November 11, 2026, and begin trading on the TXSE at the opening of markets on November 12, 2026. The company stated that both securities will retain their current ticker symbols, CFR and CFR.PrB, following the transition. The company also noted that shareholders are not required to take any action in connection with the listing transfer.

Cullen/Frost Chairman and CEO Phil Green was quoted in the announcement: "We believe moving our listing to the Texas Stock Exchange helps reinforce Cullen/Frost's position as the preeminent Texas-based financial institution." James H. Lee, Chairman and CEO of the Texas Stock Exchange, was also quoted, describing Cullen/Frost as "the largest Texas-headquartered bank" and stating that the listing decision "reflects a shared conviction that a strong, Texas-based exchange strengthens the flow of capital and the growth of financial-sector jobs across our state." These characterizations are the companies' own statements as disclosed in the filing.

What Was Disclosed

Cullen/Frost Bankers disclosed a voluntary transfer of its NYSE listings for CFR common stock and CFR.PrB preferred depositary shares to the TXSE, with trading on the new exchange expected to begin November 12, 2026, and existing ticker symbols retained.