Full-Time
Posted on 11/23/2025
Texas-based bank offering banking, investments, insurance
No salary listed
Austin, TX, USA
In Person
Frost provides banking, investments, and insurance services to individuals and businesses in Texas. Its products include deposit accounts, loans, asset management, and various insurance offerings delivered through branches, digital channels, and a knowledgeable staff. Frost emphasizes a long local history (founded in 1868) and a Texas-focused approach, aiming to deliver personalized service and lasting relationships, as reflected in its JD Power recognition for customer satisfaction. Its goal is to help people and businesses improve their lives through reliable financial solutions and a supportive, people-first workplace for its employees.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Antonio, Texas
Founded
1973
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Vacation
Tuition Reimbursement
Wellness Program
Referral Bonus Program
Training Programs
Professional Development Budget
Oak Thistle LLC, an institutional investor, acquired a new stake in Cullen/Frost Bankers, Inc. (NYSE:CFR) during the fourth quarter of 2025. The firm purchased 14,485 shares of the bank's stock, valued at approximately $1.83 million.
Cullen/Frost Bankers has elected two new directors to its board: Marsha M. Shields and Jeff Rummel. The San Antonio-based bank, with $53 billion in assets, also announced that Chris Avery will retire from the board when his term expires in April after serving since 2015. Shields is CEO and managing partner of McCombs Enterprises, overseeing the Red McCombs family's businesses including automotive, energy and family partnerships. She previously served on Clear Channel Outdoor Holdings' board. Rummel served as managing partner of Ernst & Young's San Antonio office from 2020-25 and spent over 37 years at the firm in various leadership roles, including as lead audit partner for publicly traded financial services companies. Founded in 1868, Cullen/Frost is one of the 50 largest US banks by assets.
Cullen/Frost Bankers, which operates Texas-based Frost Bank, reported fourth-quarter revenue of $580.9 million, meeting Wall Street expectations and marking 8.3% year-on-year growth. GAAP profit of $2.56 per share beat analyst estimates by 3.8%. However, net interest income of $448.7 million missed expectations by 2.9%, falling short of the $462.1 million analysts predicted. Net interest margin came in at 3.7%, matching estimates. The company, founded in 1868, has achieved 11% annualised revenue growth over five years, though recent performance shows slowing momentum with 6.1% growth over the past two years. Net interest income comprises 76.8% of total revenue. Chairman and CEO Phil Green said the bank carries "great momentum" into 2026 whilst executing strategic growth initiatives. Frost Bank's market capitalisation stands at $8.64 billion.
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