SAN ANTONIO, July 28, 2011 /PRNewswire/ -- The Cullen/Frost Bankers, Inc. board of directors declared a third quarter cash dividend of $.46 per common share. The dividend is payable September 15, 2011 to shareholders of record on September 1 of this year.

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Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company, headquartered in San Antonio, with $18.5 billion in assets at June 30, 2011 and more than 110 financial centers throughout Texas. One of 24 U.S. banks included in the KBW Bank Index, Frost provides a wide range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped clients with their financial needs during three centuries. Additional information is available at frostbank.com.

Greg Parker

Investor Relations

210.220.5632

       or

Renee Sabel

Media Relations

210.220.5416

SOURCE Cullen/Frost Bankers, Inc.

Copyright 2011 PR Newswire

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