CFR drawdown: at its all-time high
Cullen/Frost Bankers Inc. (CFR) is trading at its all-time high (as of market close, Aug 13, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1980).
- Below all-time high
- at the high
- 99.8% of ATH
- All-time high
- $168.9
- Aug 3, 2026
- Time below the high
- 0 days
- since Aug 3, 2026
- Worst-ever drawdown
- −83.9%
- Dec 24, 1990
- Longest underwater
- 9.3 yrs
- between all-time highs
- Today's level first reached
- Aug 3, 2026
- 10 days ago
% of all-time high since 1980#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of CFR, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 7, 1984 | Dec 24, 1990 | −83.9% | 6.6 yrs | Jan 26, 1993 | 8.7 yrs |
| May 21, 2018 | Mar 23, 2020 | −59.2% | 1.8 yrs | Apr 29, 2021 | 2.9 yrs |
| Nov 12, 2014 | Jan 25, 2016 | −47.9% | 14 mo | Nov 10, 2016 | 2.0 yrs |
| Nov 8, 2022 | Oct 25, 2023 | −47.3% | 12 mo | Jul 16, 2026 | 3.7 yrs |
| Dec 28, 2000 | Oct 23, 2001 | −44.8% | 10 mo | Mar 5, 2004 | 3.2 yrs |
| Sep 19, 2008 | Mar 6, 2009 | −41.7% | 6 mo | May 14, 2013 | 4.6 yrs |
| Dec 1, 1981 | Oct 5, 1982 | −37.7% | 10 mo | Jul 26, 1983 | 1.6 yrs |
| Dec 30, 1997 | Mar 10, 2000 | −36.9% | 2.2 yrs | Aug 8, 2000 | 2.6 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1980: how far CFR stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: CFR is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is CFR from its all-time high?
- CFR is currently at (or within half a percent of) its all-time high, set Aug 3, 2026.
- What was the biggest CFR drawdown ever?
- The deepest decline on record in our data (since 1980) took the stock 83.9% below its prior high, bottoming Dec 24, 1990. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1980 (split-adjusted). "All-time" means since our price data begins — CFR may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.