Analyst Ratings

Date	Action	Analyst	Rating	Target
May-05-26	Reiterated	Evercore ISI		$150 → $149
May-01-26	Reiterated	Stephens		$150 → $164
May-01-26	Reiterated	Raymond James	Outperform	$150 → $155
Feb-10-26	Reiterated	Evercore ISI		$137 → $155
Feb-03-26	Reiterated	Maxim Group	Buy	$145 → $161
Feb-02-26	Reiterated	Loop Capital Markets		$160
Jan-30-26	Reiterated	Barclays	Equal Weight	$140 → $150
Jan-30-26	Reiterated	DA Davidson	Neutral	$143 → $144
Jan-30-26	Reiterated	RBC Capital	Sector Perform	$144 → $150
Jan-05-26	Upgrade	Keefe, Bruyette & Woods	Market Perform → Outperform

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	2,786	2,920	2,850	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	553	729	851
Gross Profit	2,232	2,191	1,999
Selling, General and Administrative Excl. Other	963	896	833
Research and Development	0	0	0
Other Operating Expense	474	523	470
Operating Income	795	772	696
Interest Expense	654	685	786
Unusual Expense	—	—	—
Non-Operating Income (Expense)	0	0	0
Net Income Before Taxes	795	772	696
Income Taxes	127	123	113
Consolidated Net Income	668	649	583
Net Income From Continuing Operations	668	649	583
Net Income	668	649	583
EPS (Recurring)	10.30	10.02	8.88
EPS (Basic, Before Extraordinaries)	10.30	10.02	8.88
EPS (Diluted)	10.27	9.92	8.87
EBITDA	883	859	779
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	14.18	12.77	—
Price To Sales Ratio	3.35	2.78	—
Gross Margin	80.11	75.03	70.14
Operating Margin	28.54	26.44	24.42
Net Margin	23.98	22.23	20.46
Shares Outstanding	64	64	64
Market Capitalization	9,322	8,104	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Severyn Carol Jean	GEVP and Chief Risk Officer	Jun 12 '26	Sale	148.29	837	124,120	12,712	Jun 15 12:00 AM
Berman Bobby	GEVP Research & Strategy	Jan 30 '26	Sale	137.07	1,000	137,070	28,406	Feb 02 12:00 AM
Pullin Ericka Lynn	GEVP, Culture & People Dev.	Dec 12 '25	Sale	129.72	0	43	2,024	Dec 15 12:00 AM
Rhodes Coolidge E JR	Group EVP General Counsel/Sec	Dec 09 '25	Sale	127.00	700	88,900	3,795	Dec 10 12:00 AM
Stead Jimmy	GEVP Chief Consumer Banking	Oct 25 '25	Option Exercise	0.00	5,242	0	17,639	Oct 27 12:00 AM
Severyn Carol Jean	GEVP and Chief Risk Officer	Oct 25 '25	Option Exercise	0.00	4,090	0	13,146	Oct 27 12:00 AM
Rhodes Coolidge E JR	Group EVP General Counsel/Sec	Oct 25 '25	Option Exercise	0.00	4,194	0	5,320	Oct 27 12:00 AM
Pullin Ericka Lynn	GEVP, Culture & People Dev.	Oct 25 '25	Option Exercise	0.00	768	0	2,118	Oct 27 12:00 AM
Kasanoff Howard L.	GEVP Chief Credit Officer	Oct 25 '25	Option Exercise	0.00	2,146	0	4,043	Oct 27 12:00 AM
Henson Matthew Bradley	Chief Accounting Officer	Oct 25 '25	Option Exercise	0.00	838	0	419	Oct 27 12:00 AM
GREEN PHILLIP D	Chairman and CEO	Oct 25 '25	Option Exercise	0.00	22,194	0	112,554	Oct 27 12:00 AM
Geddes Dan	GEVP & Chief Financial Officer	Oct 25 '25	Option Exercise	0.00	2,098	0	3,413	Oct 27 12:00 AM
Bracher Paul	President of CFR	Oct 25 '25	Option Exercise	0.00	5,592	0	108,064	Oct 27 12:00 AM
Berman Bobby	GEVP Research & Strategy	Oct 25 '25	Option Exercise	0.00	3,146	0	29,856	Oct 27 12:00 AM
Alonzo Annette M	GEVP Chief HR Officer	Oct 25 '25	Option Exercise	0.00	3,984	0	19,832	Oct 27 12:00 AM


Market Cap	9.14B	Forward P/E	13.20	EPS next Y	11.04	Insider Trans	-0.00%	Shs Float	-	Perf Month	5.38%


Enterprise Value	13.15B	PEG	1.07	EPS next Q	2.52	Inst Own	-	Short Float	-	Perf Quarter	11.21%


Income	659.92M	P/S	3.28	EPS this Y	2.75%	Inst Trans	-	Short Ratio	-	Perf Half Y	13.22%


Sales	2.79B	P/B	2.04	EPS next Y	4.58%	ROA	1.27%	Short Interest	-	Perf YTD	15.03%


Book/sh	72.15	P/C	11.46	EPS next 5Y	4.52%	ROE	15.05%	52W High	148.97 -2.22%	Perf Year	18.67%


Cash/sh	10.18	P/FCF	11.91	EPS past 3/5Y	-	ROIC	1.27%	52W Low	119.00 22.40%	Perf 3Y	-


Dividend Est.	4.03 (2.77%)	EV/EBITDA	14.89	Sales past 3/5Y	15.79% 14.47%	Gross Margin	80.13%	Volatility	2.67% 1.68%	Perf 5Y	-


Dividend TTM	4.03 (2.77%)	EV/Sales	4.72	EPS Y/Y TTM	15.90%	Oper. Margin	28.54%	ATR (14)	3.10	Perf 10Y	-


Dividend Ex-Date	May 29, 2026	Quick Ratio	0.20	Sales Y/Y TTM	-2.25%	Profit Margin	24.00%	RSI (14)	60.71	Recom	2.67


Dividend Gr. 3/5Y	6.83% 6.75%	Current Ratio	0.20	EPS Q/Q	15.22%	SMA20	3.53%	Beta	0.54	Target Price	154.13


Payout	39.54%	Debt/Eq	1.03	Sales Q/Q	-18.90%	SMA50	3.52%	Rel Volume	2.12	Prev Close	145.55


Employees	5,854	LT Debt/Eq	0.05	Earnings	Jul 30	SMA200	8.96%	Avg Volume	574.09K	Price	145.66


IPO Date	Mar 17, 1980	Option/Short	Yes / Yes	EPS/Sales Surpr.	6.85% 1.70%	Net Debt/EBITDA	4.54	Volume	1,216,785	Change	0.08%

CFR