Cullen/Frost Bankers Announces Quarterly Cash Dividend

SAN ANTONIO, Oct. 22 /PRNewswire-FirstCall/ -- The Cullen/Frost Bankers, Inc. board of directors declared a fourth quarter cash dividend of $.43 per common share. The dividend is payable December 15, 2009 to shareholders of record on December 1 of this year.

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Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company, headquartered in San Antonio, with assets of $16.2 billion at September 30, 2009. The corporation provides a full range of commercial and consumer banking products, investment and brokerage services, insurance products and investment banking services. Frost operates more than 110 financial centers across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost is the largest Texas-based banking organization that operates only in Texas, with a legacy of helping clients with their financial needs during three centuries.

    Greg Parker
    Investor Relations
    210.220.5632
    or
    Renee Sabel
    Media Relations
    210.220.5416

SOURCE Cullen/Frost Bankers, Inc.