Cullen/Frost Bankers, Inc. (CFR)
NYSE: CFR · Real-Time Price · USD
164.19
-0.62 (-0.38%)
Aug 21, 2026, 4:00 PM EDT - Market closed

Cullen/Frost Bankers Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,2642,1911,9991,9411,6931,372
Revenue Growth
8.88%9.62%2.97%14.64%23.45%14.27%
Net Income
669.44635.47569.63585.02567.27432.04
Earnings Per Share
10.589.928.879.108.816.76
EPS Growth
13.83%11.84%-2.53%3.29%30.33%32.31%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Banking
2,0872,0311,8751,8141,5261,211
Frost Wealth Advisors
224.71217.35203.73186.53180.52169.58
Non-Banks
-12.29-13.26-15.44-13.08-10.76-8.52

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,6249,01110,3958,87212,24616,657
Total Debt
5,5405,1735,0224,8405,4583,441
Net Cash (Debt)
1,0843,8385,3734,0316,78913,216
Net Cash Growth
-50.53%-28.57%33.28%-40.62%-48.63%74.51%
Net Cash Per Share
17.1259.8883.6162.60105.22206.17

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
719.58273.98989.53478.85722.58648.29
Capital Expenditures
-178.12-146.65-127.78-158.63-102.5-65.85
Free Cash Flow
541.46127.33861.76320.22620.08582.44
Free Cash Flow Growth
529.71%-85.22%169.12%-48.36%6.46%35.82%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
29.56%29.00%28.50%30.14%33.50%31.50%
FCF Margin
23.91%5.81%43.11%16.50%36.62%42.47%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.1203.9503.7403.5803.2402.940
Dividend Per Share Growth
4.10%5.62%4.47%10.49%10.20%3.16%
Dividend Yield
2.51%3.16%2.91%3.57%2.71%2.67%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.5312.7415.1211.8815.1618.59
Forward PE
14.3412.9015.4412.8212.2022.79
P/FCF Ratio
18.8563.599.9921.7013.8613.79
PS Ratio
4.513.704.313.585.085.86