CFR vs. PB

Last updated Aug 1, 2026

CFR (Cullen/Frost Bankers, Inc.) and PB (Prosperity Bancshares, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, CFR returned 12.96%/yr vs 7.18%/yr for PB. Their 0.65 correlation means they have sometimes moved together and sometimes differently.

Performance

CFR vs. PB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cullen/Frost Bankers, Inc. (CFR) and Prosperity Bancshares, Inc. (PB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CFR achieves a 33.28% return, which is significantly higher than PB's 10.25% return. Over the past 10 years, CFR has outperformed PB with an annualized return of 12.96%, while PB has yielded a comparatively lower 7.18% annualized return.

CFR

• 1D: 1.74%
• 1M: 7.41%
• 6M: 22.46%
• YTD: 33.28%
• 1Y: 38.05%
• 3Y*: 19.40%
• 5Y*: 12.44%
• 10Y*: 12.96%
• ALL TIME*: 15.34%

PB

• 1D: 0.07%
• 1M: 5.60%
• 6M: 10.41%
• YTD: 10.25%
• 1Y: 17.55%
• 3Y*: 9.53%
• 5Y*: 5.34%
• 10Y*: 7.18%
• ALL TIME*: 11.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CFR Cullen/Frost Bankers, Inc.	$127.62M	$100.74M	$90.92M
PB Prosperity Bancshares, Inc.	$74.42M	$95.32M	$80.58M

CFR vs. PB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFR Cullen/Frost Bankers, Inc.	33.28%	-2.76%	27.86%	-16.06%	8.66%	48.17%	-7.58%	14.60%	-4.84%	9.93%
PB Prosperity Bancshares, Inc.	10.25%	-5.15%	15.06%	-3.34%	3.64%	7.13%	-0.27%	18.19%	-9.22%	-0.37%

Correlation

The correlation between CFR and PB is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since Nov 12, 1998	0.65

The correlation between CFR and PB shifts across timeframes, from 0.65 (all time) to 0.82 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CFR : $10.45B PB : $7.54B
EPS CFR : $10.76 PB : $5.76
PE Ratio CFR : 15.46 PB : 12.99
PEG Ratio CFR : 1.42 PB : 8.29
PS Ratio CFR : 6.02 PB : 4.11
PB Ratio CFR : 2.33 PB : 0.91
Total Revenue (TTM) CFR : $1.76B PB : $1.78B
Gross Profit (TTM) CFR : $1.13B PB : $1.29B
EBITDA (TTM) CFR : $1.44B PB : $750.70M

Return for Risk

CFR vs. PB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CFR

CFR Risk / Return Rank: 86
CFR Sharpe Ratio Rank: 87
CFR Sortino Ratio Rank: 84
CFR Omega Ratio Rank: 82
CFR Calmar Ratio Rank: 87
CFR Martin Ratio Rank: 88

PB

PB Risk / Return Rank: 65
PB Sharpe Ratio Rank: 69
PB Sortino Ratio Rank: 61
PB Omega Ratio Rank: 61
PB Calmar Ratio Rank: 68
PB Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CFR vs. PB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen/Frost Bankers, Inc. (CFR) and Prosperity Bancshares, Inc. (PB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CFR	PB	Difference
Sharpe ratio: Return per unit of total volatility	1.62	0.74	+0.89
Sortino ratio: Return per unit of downside risk	2.27	1.09	+1.18
Omega ratio: Gain probability vs. loss probability	1.28	1.14	+0.14
Calmar ratio: Return relative to maximum drawdown	3.05	1.10	+1.95
Martin ratio: Return relative to average drawdown	8.43	2.62	+5.81

CFR vs. PB - Sharpe Ratio Comparison

The current CFR Sharpe Ratio is 1.62, which is higher than the PB Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of CFR and PB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CFR vs. PB - Drawdown Comparison

The maximum CFR drawdown since its inception was -56.86%, which is greater than PB's maximum drawdown of -47.89%. Use the drawdown chart below to compare losses from any high point for CFR and PB.

Drawdown Indicators

	CFR	PB	Difference
Max Drawdown Largest peak-to-trough decline	-56.86%	-47.89%	-8.97%
Max Drawdown (1Y) Largest decline over 1 year	-11.38%	-14.92%	+3.54%
Max Drawdown (3Y) Largest decline over 3 years	-26.55%	-24.84%	-1.71%
Max Drawdown (5Y) Largest decline over 5 years	-45.62%	-34.37%	-11.25%
Max Drawdown (10Y) Largest decline over 10 years	-56.86%	-42.24%	-14.62%
Current Drawdown Current decline from peak	-0.43%	-6.70%	+6.27%
Average Drawdown Average peak-to-trough decline	-11.77%	-10.72%	-1.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	6.25%	-2.11%

Volatility

CFR vs. PB - Volatility Comparison

The current volatility for Cullen/Frost Bankers, Inc. (CFR) is 5.89%, while Prosperity Bancshares, Inc. (PB) has a volatility of 6.43%. This indicates that CFR experiences smaller price fluctuations and is considered to be less risky than PB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFR	PB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	6.43%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	13.73%	14.17%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	21.99%	22.22%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.97%	25.30%	+4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.08%	30.38%	+2.70%

Dividends

CFR vs. PB - Dividend Comparison

CFR's dividend yield for the trailing twelve months is around 2.42%, less than PB's 3.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFR Cullen/Frost Bankers, Inc.	2.42%	3.12%	2.79%	3.30%	2.42%	2.33%	3.27%	2.86%	2.93%	2.38%	2.44%	3.50%
PB Prosperity Bancshares, Inc.	3.18%	3.39%	3.00%	3.26%	2.90%	2.75%	2.70%	2.35%	2.39%	1.97%	1.73%	2.33%

Financials

Frequently Asked Questions

Can I hold both CFR and PB in my portfolio?

CFR and PB have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFR or PB?

PB has higher volatility (6.43%) compared to CFR (5.89%). In terms of maximum drawdown, CFR dropped -56.86% vs PB's -47.89%.

Which has better risk-adjusted returns?

CFR currently has the higher Sharpe Ratio (1.62 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.