SAN ANTONIO, Jan. 27, 2011 /PRNewswire/ -- The Cullen/Frost Bankers, Inc. board of directors declared a first quarter cash dividend of $.45 per common share. The dividend is payable March 15, 2011 to shareholders of record on March 1 of this year.

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Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company, headquartered in San Antonio, with $17.6 billion in assets  at December 31, 2010, 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.

SOURCE Cullen/Frost Bankers, Inc.