Cullen/Frost Bankers plans to move its primary stock listings from the New York Stock Exchange to the Texas Stock Exchange, transferring both its common stock and preferred-stock depositary shares. The move is scheduled for November 12, with the securities retaining their current ticker symbols.
Chairman and CEO Phil Green said the decision reflects the company’s roots in Texas and the state’s growing financial sector.
Key details
- Cullen/Frost common stock, ticker CFR, and depositary shares tied to its 4.450% Series B preferred stock, ticker CFR.PrB, are both included.
- Trading on the NYSE is expected to end at market close on November 11, 2026. Trading on the Texas Stock Exchange is expected to begin at market open on November 12.
- Both securities will keep their existing ticker symbols.
- Shareholders do not need to take any action for the transfer.
The announcement changes where the shares are listed, not the securities themselves. The company did not announce changes to their terms or to its capital structure in connection with the move.