Cullen/Frost Bankers, Inc. (CFR)
NYSE: CFR · Real-Time Price · USD
121.84
-4.86 (-3.84%)
At close: Mar 11, 2025, 4:00 PM
121.30
-0.54 (-0.44%)
Pre-market: Mar 12, 2025, 4:30 AM EST
Cullen/Frost Bankers Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 1,379 | 1,194 | 770.98 | 674.63 | 680.24 | Upgrade
|
| Interest Income on Investments | 1,012 | 1,024 | 704.74 | 334.14 | 340.8 | Upgrade
|
| Total Interest Income | 2,391 | 2,218 | 1,476 | 1,009 | 1,021 | Upgrade
|
| Interest Paid on Deposits | 629.11 | 508.26 | 140.48 | 14.52 | 32.02 | Upgrade
|
| Interest Paid on Borrowings | 156.92 | 150.8 | 43.96 | 9.38 | 13.02 | Upgrade
|
| Total Interest Expense | 786.03 | 659.05 | 184.44 | 23.9 | 45.03 | Upgrade
|
| Net Interest Income | 1,605 | 1,559 | 1,291 | 984.87 | 976 | Upgrade
|
| Net Interest Income Growth (YoY) | 2.95% | 20.71% | 31.11% | 0.91% | -2.79% | Upgrade
|
| Trust Income | 165.27 | 153.32 | 154.68 | 148.99 | 129.27 | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.1 | 0.07 | - | 0.07 | 108.99 | Upgrade
|
| Other Non-Interest Income | 187.69 | 181.66 | 158.25 | 154.37 | 146.32 | Upgrade
|
| Total Non-Interest Income | 459.1 | 428.54 | 404.82 | 386.73 | 465.45 | Upgrade
|
| Non-Interest Income Growth (YoY) | 7.13% | 5.86% | 4.68% | -16.91% | 27.91% | Upgrade
|
| Revenues Before Loan Losses | 2,064 | 1,987 | 1,696 | 1,372 | 1,441 | Upgrade
|
| Provision for Loan Losses | 64.99 | 46.17 | 3 | 0.06 | 241.23 | Upgrade
|
| Revenue | 1,999 | 1,941 | 1,693 | 1,372 | 1,200 | Upgrade
|
| Revenue Growth (YoY) | 2.97% | 14.64% | 23.45% | 14.27% | -10.04% | Upgrade
|
| Salaries and Employee Benefits | 693.68 | 606.13 | 534.38 | 440.97 | 431.19 | Upgrade
|
| Occupancy Expenses | 128.4 | 124.06 | 112.17 | 107.02 | 93.14 | Upgrade
|
| Federal Deposit Insurance | 37.27 | 76.59 | 15.6 | 12.23 | 10.5 | Upgrade
|
| Amortization of Goodwill & Intangibles | - | - | - | - | 0.92 | Upgrade
|
| Selling, General & Administrative | 250.4 | 241.12 | 207.41 | 184.15 | 181.24 | Upgrade
|
| Other Non-Interest Expense | 193.01 | 180.76 | 154.71 | 137.62 | 131.92 | Upgrade
|
| Total Non-Interest Expense | 1,303 | 1,229 | 1,024 | 881.99 | 848.9 | Upgrade
|
| EBT Excluding Unusual Items | 695.97 | 712.37 | 668.83 | 489.54 | 351.32 | Upgrade
|
| Pretax Income | 695.97 | 712.37 | 668.83 | 489.54 | 351.32 | Upgrade
|
| Income Tax Expense | 113.43 | 114.4 | 89.68 | 46.46 | 20.17 | Upgrade
|
| Net Income | 582.54 | 597.97 | 579.15 | 443.08 | 331.15 | Upgrade
|
| Preferred Dividends & Other Adjustments | 12.91 | 12.96 | 11.89 | 11.04 | 10.67 | Upgrade
|
| Net Income to Common | 569.63 | 585.02 | 567.27 | 432.04 | 320.49 | Upgrade
|
| Net Income Growth | -2.58% | 3.25% | 30.71% | 33.80% | -25.35% | Upgrade
|
| Basic Shares Outstanding | 64 | 64 | 64 | 64 | 63 | Upgrade
|
| Diluted Shares Outstanding | 64 | 64 | 65 | 64 | 63 | Upgrade
|
| Shares Change (YoY) | -0.22% | -0.18% | 0.65% | 1.74% | -0.69% | Upgrade
|
| EPS (Basic) | 8.88 | 9.11 | 8.84 | 6.79 | 5.11 | Upgrade
|
| EPS (Diluted) | 8.87 | 9.10 | 8.81 | 6.76 | 5.11 | Upgrade
|
| EPS Growth | -2.53% | 3.29% | 30.33% | 32.31% | -25.57% | Upgrade
|
| Dividend Per Share | 3.740 | 3.580 | 3.240 | 2.940 | 2.850 | Upgrade
|
| Dividend Growth | 4.47% | 10.49% | 10.20% | 3.16% | 1.79% | Upgrade
|
| Effective Tax Rate | 16.30% | 16.06% | 13.41% | 9.49% | 5.74% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.