Cullen/Frost Bankers, Inc. Declares Quarterly Cash Dividends for Common and Preferred Stock, Payable on March 15, 2017

The Cullen/Frost Bankers, Inc. board of directors declared a first-quarter cash dividend of $0.54 per common share. The dividend is payable March 15, 2017 to shareholders of record on February 28, 2017.

The board of directors also declared a cash dividend of $0.3359375 per share of the Noncumulative Perpetual Preferred Stock, Series A. The Series A Preferred Stock dividend is also payable on March 15, 2017, to shareholders of record on February 28, 2017.