<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CURRENT
REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND ACCOMPANYING
DISCLOSURE.
</LEGEND>
<CIK> 0000039263
<NAME> CULLEN/FROST BANKERS, INC
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 685,383
<INT-BEARING-DEPOSITS> 5,410
<FED-FUNDS-SOLD> 248,825
<TRADING-ASSETS> 230
<INVESTMENTS-HELD-FOR-SALE> 1,400,936
<INVESTMENTS-CARRYING> 74,612
<INVESTMENTS-MARKET> 75,156
<LOANS> 4,468,818
<ALLOWANCE> 59,965
<TOTAL-ASSETS> 7,354,813
<DEPOSITS> 6,204,953
<SHORT-TERM> 367,372
<LIABILITIES-OTHER> 136,758
<LONG-TERM> 98,554
0
0
<COMMON> 536
<OTHER-SE> 546,640
<TOTAL-LIABILITIES-AND-EQUITY> 7,354,813
<INTEREST-LOAN> 290,206
<INTEREST-INVEST> 81,397
<INTEREST-OTHER> 5,536
<INTEREST-TOTAL> 377,139
<INTEREST-DEPOSIT> 114,846
<INTEREST-EXPENSE> 137,641
<INTEREST-INCOME-NET> 239,498
<LOAN-LOSSES> 8,985
<SECURITIES-GAINS> (6)
<EXPENSE-OTHER> 232,302
<INCOME-PRETAX> 123,109
<INCOME-PRE-EXTRAORDINARY> 123,109
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 80,544
<EPS-BASIC> 1.54
<EPS-DILUTED> 1.50
<YIELD-ACTUAL> 8.36
<LOANS-NON> 17,300
<LOANS-PAST> 15,942
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 1,106
<ALLOWANCE-OPEN> 58,345
<CHARGE-OFFS> (9,931)
<RECOVERIES> 2,566
<ALLOWANCE-CLOSE> 59,965
<ALLOWANCE-DOMESTIC> 56,971
<ALLOWANCE-FOREIGN> 30
<ALLOWANCE-UNALLOCATED> 2,964
</TABLE>