See more : PT Era Media Sejahtera Tbk (DOOH.JK) Income Statement Analysis – Financial Results
Complete financial analysis of Cullen/Frost Bankers, Inc. (CFR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cullen/Frost Bankers, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Huisheng International Holdings Limited (1340.HK) Income Statement Analysis – Financial Results
- Cool Link (Holdings) Limited (8491.HK) Income Statement Analysis – Financial Results
- Bank Polska Kasa Opieki S.A. (PEO.WA) Income Statement Analysis – Financial Results
- Aselsan Elektronik Sanayi ve Ticaret Anonim Sirketi (ASELS.IS) Income Statement Analysis – Financial Results
- Allego N.V. (ALLG) Income Statement Analysis – Financial Results
Cullen/Frost Bankers, Inc. (CFR)
About Cullen/Frost Bankers, Inc.
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 171 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; and holds securities for investment purposes, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 157 financial centers and 1,650 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.94B | 220.38M | 1.37B | 1.44B | 1.37B | 1.31B | 1.20B | 1.13B | 1.07B | 1.01B | 923.37M | 893.65M | 871.78M | 845.49M | 1.41B | 821.35M | 786.97M | 709.91M | 621.65M | 556.55M | 529.12M | 514.74M | 509.11M | 493.63M | 454.10M | 406.70M | 306.50M | 273.60M | 240.00M | 213.10M | 204.00M | 178.50M | 166.00M | 160.60M | 157.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 577.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.94B | 220.38M | 1.37B | 1.44B | 1.37B | 1.31B | 1.20B | 1.13B | 1.07B | 1.01B | 923.37M | 893.65M | 871.78M | 845.49M | 830.39M | 821.35M | 786.97M | 709.91M | 621.65M | 556.55M | 529.12M | 514.74M | 509.11M | 493.63M | 454.10M | 406.70M | 306.50M | 273.60M | 240.00M | 213.10M | 204.00M | 178.50M | 166.00M | 160.60M | 157.50M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 58.97% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 739.61M | 596.31M | 489.76M | 473.51M | 471.39M | 444.03M | 431.77M | 424.28M | 394.77M | 365.73M | 347.78M | 327.47M | 317.68M | 312.39M | 311.68M | 273.16M | 257.08M | 237.02M | 207.64M | 198.22M | 184.94M | 173.84M | 180.26M | 167.81M | 152.60M | 132.70M | 98.60M | 87.10M | 69.10M | 62.90M | 65.70M | 55.90M | 53.20M | 52.20M | 51.90M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 48.61M | 39.99M | 34.54M | 34.39M | 38.00M | 32.51M | 29.34M | 27.68M | 28.86M | 29.00M | 26.23M | 23.77M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 788.22M | 596.31M | 489.76M | 473.51M | 471.39M | 444.03M | 431.77M | 451.96M | 394.77M | 365.73M | 347.78M | 327.47M | 317.68M | 312.39M | 311.68M | 273.16M | 257.08M | 237.02M | 207.64M | 207.83M | 184.94M | 173.84M | 180.26M | 167.81M | 152.60M | 132.70M | 98.60M | 87.10M | 69.10M | 62.90M | 65.70M | 55.90M | 53.20M | 52.20M | 51.90M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -210.31M | -1.37B | -1.56B | -1.34B | -1.20B | -1.15B | -1.22B | -1.09B | -986.08M | -923.00M | -852.02M | -828.74M | -805.20M | -793.03M | -656.00M | -484.07M | -446.72M | -466.33M | -623.06M | -583.56M | -566.35M | -425.13M | -305.62M | -307.50M | -261.70M | -178.90M | -163.50M | -134.00M | -149.20M | -161.50M | -128.80M | -95.70M | -57.90M | -14.10M | 2.40M | 2.00M | -6.60M | 10.30M |
| Operating Expenses | 971.31M | 88.61M | -882.06M | -1.09B | -868.44M | -707.19M | -721.90M | -772.56M | -694.06M | -620.34M | -575.22M | -524.54M | -511.06M | -492.81M | -481.35M | -382.84M | -227.00M | -209.71M | -258.70M | -415.22M | -398.62M | -392.51M | -244.87M | -137.82M | -154.90M | -129.00M | -80.30M | -76.40M | -64.90M | -86.30M | -95.80M | -72.90M | -42.50M | -5.70M | 37.80M | 2.40M | 2.00M | -6.60M | 10.30M |
| Cost & Expenses | 971.31M | 88.61M | -882.06M | -1.09B | -868.44M | -707.19M | -721.90M | -772.56M | -694.06M | -620.34M | -575.22M | -524.54M | -511.06M | -492.81M | 577.72M | -382.84M | -227.00M | -209.71M | -258.70M | -415.22M | -398.62M | -392.51M | -244.87M | -137.82M | -154.90M | -129.00M | -80.30M | -76.40M | -64.90M | -86.30M | -95.80M | -72.90M | -42.50M | -5.70M | 37.80M | 2.40M | 2.00M | -6.60M | 10.30M |
| Interest Income | 2.22B | 1.29B | 984.87M | 976.00M | 1.00B | 957.89M | 866.42M | 788.41M | 736.63M | 686.93M | 620.56M | 604.86M | 581.78M | 563.46M | 1.11B | 675.65M | 768.85M | 683.96M | 509.83M | 393.54M | 368.95M | 389.90M | 460.98M | 512.33M | 447.60M | 428.10M | 324.70M | 290.50M | 256.10M | 205.50M | 189.60M | 190.00M | 231.20M | 272.90M | 299.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 659.05M | 184.44M | 23.90M | 45.03M | 129.78M | 93.31M | 26.53M | 12.08M | 12.86M | 14.54M | 21.95M | 26.75M | 41.24M | 53.88M | 86.36M | 141.63M | 250.11M | 214.80M | 118.56M | 62.11M | 55.19M | 75.87M | 144.76M | 189.57M | 150.60M | 160.10M | 127.50M | 111.40M | 103.80M | 69.20M | 61.80M | 73.30M | 122.70M | 162.90M | 192.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 91.17M | 88.61M | 83.59M | 69.77M | 38.62M | 38.00M | 38.43M | 3.33M | 3.52M | 3.14M | 3.90M | 4.39M | 5.13M | 6.54M | 33.57M | 31.36M | 25.17M | 26.34M | 25.86M | 27.75M | 31.49M | 38.33M | 35.51M | 37.40M | 29.10M | 13.90M | 25.30M | 21.00M | 5.60M | 11.20M | 8.80M | 7.50M | 8.20M | 7.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 740.17M | 558.83M | 415.69M | 553.56M | 558.85M | 456.18M | 389.59M | 361.94M | 375.90M | 329.35M | 346.25M | 323.86M | 303.93M | 298.50M | 354.25M | 369.14M | 339.12M | 293.73M | 252.06M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.40M | 2.00M | -6.60M | 10.30M |
| EBITDA Ratio | 0.00% | 460.72% | 35.74% | 24.44% | 36.60% | 49.81% | 40.13% | 35.67% | 35.16% | 38.75% | 38.04% | 41.74% | 41.88% | 42.32% | 25.25% | 57.48% | 75.14% | 74.01% | 62.62% | 53.36% | 52.06% | 54.82% | 59.43% | 79.27% | 74.12% | 75.44% | 78.34% | 81.32% | 81.71% | 62.13% | 58.53% | 64.09% | 78.92% | 101.56% | 128.44% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 712.37M | 1.01B | 489.54M | 351.32M | 499.47M | 601.99M | 481.00M | 353.49M | 371.30M | 386.74M | 348.16M | 369.11M | 360.72M | 352.68M | 349.03M | 438.51M | 559.97M | 500.20M | 362.95M | 141.33M | 130.50M | 122.23M | 264.24M | 355.81M | 299.20M | 277.70M | 226.20M | 197.20M | 175.10M | 126.80M | 108.20M | 105.60M | 123.50M | 154.90M | 195.30M | 2.40M | 2.00M | -6.60M | 10.30M |
| Operating Income Ratio | 36.70% | 460.50% | 35.69% | 24.37% | 36.51% | 45.98% | 39.99% | 31.39% | 34.85% | 38.40% | 37.70% | 41.30% | 41.38% | 41.71% | 24.79% | 53.39% | 71.16% | 70.46% | 58.39% | 25.39% | 24.66% | 23.75% | 51.90% | 72.08% | 65.89% | 68.28% | 73.80% | 72.08% | 72.96% | 59.50% | 53.04% | 59.16% | 74.40% | 96.45% | 124.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 0.00 | -170.31M | -149.85M | -143.34M | -153.96M | -158.77M | -167.78M | -171.17M | -154.55M | -155.41M | -140.67M | -14.98M | 0.00 | -37.59M | 0.00 | 4.70M | -5.30M | -743.00K | 4.35M | 1.10M | 62.04M | 57.82M | -147.77M | -189.57M | -150.60M | -160.10M | -127.50M | -111.40M | -103.80M | -69.20M | -70.20M | -79.80M | -122.70M | -162.90M | -192.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 712.37M | 668.83M | 489.54M | 351.32M | 499.47M | 508.68M | 408.36M | 341.41M | 319.80M | 336.02M | 290.88M | 308.48M | 286.24M | 266.34M | 232.76M | 296.88M | 309.86M | 285.41M | 244.39M | 209.02M | 192.54M | 180.05M | 116.47M | 166.25M | 148.60M | 117.60M | 98.70M | 85.80M | 71.30M | 57.60M | 38.00M | 25.80M | 800.00K | -8.00M | 2.90M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 36.70% | 303.49% | 35.69% | 24.37% | 36.51% | 38.85% | 33.95% | 30.32% | 30.02% | 33.37% | 31.50% | 34.52% | 32.83% | 31.50% | 16.53% | 36.15% | 39.37% | 40.20% | 39.31% | 37.56% | 36.39% | 34.98% | 22.88% | 33.68% | 32.72% | 28.92% | 32.20% | 31.36% | 29.71% | 27.03% | 18.63% | 14.45% | 0.48% | -4.98% | 1.84% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 114.40M | 89.68M | 46.46M | 20.17M | 55.87M | 53.76M | 44.21M | 37.15M | 40.47M | 58.05M | 53.02M | 70.52M | 68.70M | 57.58M | 53.72M | 89.62M | 97.79M | 91.82M | 78.97M | 67.69M | 62.04M | 57.82M | 38.57M | 57.43M | 51.00M | 42.00M | 35.20M | 30.80M | 25.00M | 20.20M | -700.00K | 8.20M | 600.00K | 200.00K | 200.00K | -2.40M | -2.00M | 6.60M | -10.30M |
| Net Income | 597.97M | 579.15M | 443.08M | 331.15M | 443.60M | 454.92M | 364.15M | 304.26M | 279.33M | 277.98M | 237.87M | 237.95M | 217.54M | 208.76M | 179.03M | 207.26M | 212.07M | 193.59M | 165.42M | 141.33M | 130.50M | 116.99M | 80.92M | 108.82M | 97.60M | 75.60M | 63.50M | 55.00M | 46.30M | 37.40M | 47.10M | 24.10M | 200.00K | -8.20M | 2.70M | 2.40M | 2.00M | -6.60M | 10.30M |
| Net Income Ratio | 30.81% | 262.80% | 32.30% | 22.97% | 32.43% | 34.75% | 30.27% | 27.02% | 26.22% | 27.60% | 25.76% | 26.63% | 24.95% | 24.69% | 12.71% | 25.23% | 26.95% | 27.27% | 26.61% | 25.39% | 24.66% | 22.73% | 15.89% | 22.04% | 21.49% | 18.59% | 20.72% | 20.10% | 19.29% | 17.55% | 23.09% | 13.50% | 0.12% | -5.11% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 8.91 | 8.84 | 6.79 | 5.11 | 6.88 | 7.14 | 5.56 | 4.73 | 4.31 | 4.32 | 3.82 | 3.87 | 3.55 | 3.44 | 3.00 | 3.51 | 3.60 | 3.49 | 3.15 | 2.74 | 2.54 | 2.29 | 1.57 | 2.09 | 1.83 | 1.42 | 1.38 | 1.19 | 1.02 | 0.83 | 1.95 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 | 0.33 |
| EPS Diluted | 9.08 | 8.79 | 6.74 | 5.09 | 6.81 | 7.03 | 5.51 | 4.70 | 4.28 | 4.29 | 3.80 | 3.86 | 3.54 | 3.44 | 3.00 | 3.50 | 3.55 | 3.42 | 3.07 | 2.66 | 2.48 | 2.29 | 1.57 | 2.03 | 1.78 | 1.38 | 1.34 | 1.16 | 1.01 | 0.83 | 1.93 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 | 0.33 |
| Weighted Avg Shares Out | 65.63M | 64.16M | 63.61M | 62.73M | 62.74M | 63.71M | 63.69M | 62.38M | 62.76M | 62.07M | 60.35M | 61.30M | 61.10M | 60.41M | 59.46M | 58.85M | 58.91M | 55.47M | 52.52M | 51.58M | 51.38M | 51.09M | 51.54M | 52.07M | 53.33M | 53.24M | 52.90M | 52.86M | 45.39M | 44.92M | 44.20M | 42.28M | 38.00M | 37.27M | 38.57M | 34.29M | 33.33M | 31.43M | 31.21M |
| Weighted Avg Shares Out (Dil) | 64.40M | 64.52M | 64.10M | 63.00M | 63.44M | 64.69M | 64.66M | 62.97M | 63.47M | 62.97M | 61.12M | 61.64M | 61.28M | 60.59M | 59.51M | 59.17M | 59.74M | 56.61M | 53.88M | 53.13M | 52.62M | 52.63M | 53.43M | 53.60M | 54.83M | 54.78M | 54.48M | 54.22M | 45.62M | 44.92M | 44.20M | 42.28M | 38.00M | 37.27M | 38.57M | 34.29M | 33.33M | 31.43M | 31.21M |
Will Cullen/Frost (CFR) Beat Estimates Again in Its Next Earnings Report?
Cullen/Frost (CFR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Cullen/Frost Bankers, Inc. Hosts Second Quarter 2024 Earnings Conference Call
SAN ANTONIO , July 8, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, July 25, 2024 to discuss second quarter 2024 earnings. Earnings Release : The earnings release for Cullen/Frost Bankers, Inc. will be available...
JERRY SALINAS, FROST'S CHIEF FINANCIAL OFFICER, TO RETIRE AT END OF THIS YEAR
SAN ANTONIO , July 1, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) announced today that Jerry Salinas, group executive vice president & chief financial officer of Cullen/Frost and Frost Bank, has decided to retire at the end of 2024....
8 Stocks I'm Buying As A Resurgent Trade War Looms
Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive. The resurgent trade...
Cullen/Frost (CFR) Thrives on Organic Growth Amid Cost Woes
Cullen/Frost's (CFR) strong balance sheet position and solid net interest income are positives. Escalating costs are likely to impede growth.
9 Stocks I'm Buying As Consumer Spending Stalls
The stock market breadth is very thin right now. The market is primarily being driven by a handful of big winners in the AI space. Consumers clearly have a very different perspective on inflation than economists do. Consumer spending is...
9 Stocks On My Buy List As Fed Rate Cuts Approach
Disinflationary trends continue, opening the door to rate cuts and a potential REIT rally. Signs of consumer weakening are evident in declining movie theater sales, restaurant visits, and ski trips. Texas is expected to host a new stock exchange, reflecting...
Cullen/Frost Bank's Strengths Are Undervalued
Texas regional bank Cullen/Frost Bankers has underperformed the SPDR S&P Regional Banking ETF in the past three months. CFR trades at a higher price to book value and P/E ratio compared to the regional bank average. CFR has strong market...
9 Stocks I'm Buying In Late May
My natural inclination is to save money and invest in dividend growth stocks, but it pays dividends to remember that the ultimate goal is the financial freedom to enjoy life. The article highlights the shift in market narrative from rate...
16 High-Yield Dividend Aristocrats Yielding Almost 5%
Attempting to time the market is not a successful strategy. Long-term investing has consistently outperformed market timing. Today, the S&P is fairly valued, but blue-chip bargains are plentiful if you know where to look. These 16 dividend aristocrats yield an...
Source: https://incomestatements.info
Category: Stock Reports