Cullen Frost Bankers Inc. (CFR)

Cullen Frost Bankers Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	556.01	591.3	572.48	435.92	323.62	435.54
Depreciation & Amortization	78.21	76.44	71.34	69.29	64.37	54.09
Share-Based Compensation	23.59	24.59	18.32	12.75	13.92	15.95
Other Operating Activities	141.13	-220.16	53.77	123.17	114.8	120.45
Operating Cash Flow	798.93	478.85	722.58	648.29	524.24	634.09
Operating Cash Flow Growth	43.15%	-33.73%	11.46%	23.66%	-17.32%	12.75%
Capital Expenditures	-150.6	-157.35	-102.44	-58.81	-89.43	-198.68
Change in Investments	475.76	-787.92	-8,179.52	-2,469.33	-1,542.59	-1,188.74
Other Investing Activities	1.88	2.52	4.63	3.12	0.98	0.66
Investing Cash Flow	327.04	-942.75	-8,277.33	-2,525.02	-1,631.05	-1,386.75
Dividends Paid	-235.49	-232.32	-209.78	-188.79	-180.58	-177.01
Share Issuance / Repurchase	-32.91	-33.42	12.27	50.55	-3.23	-48.02
Debt Issued / Paid	-310.49	-570.9	1,946	636.32	421.66	327.79
Other Financing Activities	-1,384.34	-2,040.3	1,252	7,673	7,370	482.3
Financing Cash Flow	-1,963.23	-2,876.95	3,000	8,171	7,607	585.06
Net Cash Flow	-837.26	-3,340.86	-4,554.87	6,294	6,501	-167.6
Free Cash Flow	648.33	321.5	620.14	589.49	434.81	435.41
Free Cash Flow Growth	53.23%	-48.16%	5.20%	35.57%	-0.14%	-12.35%
Free Cash Flow Margin	33.54%	16.56%	36.63%	42.98%	36.23%	32.64%
Free Cash Flow Per Share	10.10	5.02	9.64	9.25	6.92	6.96

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).