Cullen Frost Bankers Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Net Income	591.3	572.48	435.92	323.62	435.54	446.86	356.09	296.2	271.27	269.91	Upgrade
Depreciation & Amortization	76.44	71.34	69.29	64.37	54.09	50.17	47.81	48.18	42.14	39.87	Upgrade
Share-Based Compensation	24.59	18.32	12.75	13.92	15.95	13.94	13.01	11.8	12.74	12.5	Upgrade
Other Operating Activities	-220.16	53.77	123.17	114.8	120.45	43.36	113.11	73.61	60.66	-40.5	Upgrade
Operating Cash Flow	478.85	722.58	648.29	524.24	634.09	562.39	538.08	437.84	394.86	289.85	Upgrade
Operating Cash Flow Growth	-33.73%	11.46%	23.66%	-17.32%	12.75%	4.52%	22.89%	10.89%	36.23%	66.96%	Upgrade
Capital Expenditures	-157.35	-102.44	-58.81	-89.43	-198.68	-65.64	-29.56	5.13	-144.59	-131.92	Upgrade
Acquisitions	0	0	0	0	0	0	0	-0.49	0	830.66	Upgrade
Change in Investments	-787.92	-8,179.52	-2,469.33	-1,542.59	-1,188.74	-1,851.43	-642.15	-1,379.86	-1,099.46	-2,992.11	Upgrade
Other Investing Activities	2.52	4.63	3.12	0.98	0.66	3.75	1.11	1.25	5.13	11.28	Upgrade
Investing Cash Flow	-942.75	-8,277.33	-2,525.02	-1,631.05	-1,386.75	-1,913.32	-670.6	-1,373.98	-1,238.92	-2,282.09	Upgrade
Dividends Paid	-232.32	-209.78	-188.79	-180.58	-177.01	-165.45	-144.17	-134.9	-132.16	-127.18	Upgrade
Share Issuance / Repurchase	-33.42	12.27	50.55	-3.23	-48.02	-69.36	-33.73	77.58	-86.38	27.7	Upgrade
Debt Issued / Paid	-570.9	1,946	636.32	421.66	327.79	219.72	169.27	83.47	90.4	84.68	Upgrade
Other Financing Activities	-2,040.3	1,252	7,673	7,370	482.3	268.75	1,053	1,460	199.6	1,815	Upgrade
Financing Cash Flow	-2,876.95	3,000	8,171	7,607	585.06	253.66	1,044	1,486	71.46	1,800	Upgrade
Net Cash Flow	-3,340.86	-4,554.87	6,294	6,501	-167.6	-1,097.27	911.6	549.92	-772.6	-192	Upgrade
Free Cash Flow	321.5	620.14	589.49	434.81	435.41	496.75	508.52	442.97	250.27	157.93	Upgrade
Free Cash Flow Growth	-48.16%	5.20%	35.57%	-0.14%	-12.35%	-2.31%	14.80%	77.00%	58.47%	3.57%	Upgrade
Free Cash Flow Margin	16.56%	36.63%	42.98%	36.23%	32.64%	38.58%	43.56%	41.23%	24.69%	15.94%	Upgrade
Free Cash Flow Per Share	5.02	9.64	9.25	6.92	6.96	7.77	8.05	7.04	4.02	2.50	Upgrade

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).