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 t…
Banks - Regional
US, San Antonio [HQ]
CFR/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,408.00 | 845.00 | 871.00 | 893.00 | 923.00 | 1,007.00 | 1,065.00 | 1,126.00 | 1,202.00 | 1,309.00 | 1,367.00 | 1,441.00 | 1,371.00 | 220.00 | 1,987.00 | |
|
EPS
|
3.00 | 3.44 | 3.55 | 3.87 | 3.82 | 4.32 | 4.31 | 4.73 | 5.56 | 7.14 | 6.88 | 5.11 | 6.79 | 8.84 | 9.11 | |
| Diluted in mil. | 3.00 | 3.44 | 3.54 | 3.86 | 3.80 | 4.29 | 4.28 | 4.70 | 5.51 | 7.03 | 6.81 | 5.09 | 6.74 | 8.79 | 9.08 | |
|
Profit
|
830.00 | 845.00 | 871.00 | 893.00 | 923.00 | 1,007.00 | 1,065.00 | 1,126.00 | 1,202.00 | 1,309.00 | 1,367.00 | 1,441.00 | 1,371.00 | 220.00 | 2,217.00 | |
| Gross Margin | 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 | 111.60 | |
| Pre Tax | 232.00 | 266.00 | 286.00 | 308.00 | 290.00 | 336.00 | 319.00 | 341.00 | 408.00 | 508.00 | 499.00 | 351.00 | 489.00 | 668.00 | 712.00 | |
| Profit Margin | 16.53 | 31.50 | 32.83 | 34.52 | 31.50 | 33.37 | 30.02 | 30.32 | 33.95 | 38.85 | 36.51 | 24.37 | 35.69 | 303.49 | 35.85 | |
| ETR | 23.08 | 21.62 | 24.00 | 22.86 | 18.23 | 17.27 | 12.66 | 10.88 | 10.83 | 10.57 | 11.19 | 5.74 | 9.49 | 13.41 | 16.06 | |
| Net | 179.00 | 208.00 | 217.00 | 237.00 | 237.00 | 277.00 | 279.00 | 304.00 | 364.00 | 454.00 | 443.00 | 331.00 | 443.00 | 579.00 | 597.00 | |
| Profit Margin | 12.71 | 24.69 | 24.95 | 26.63 | 25.76 | 27.60 | 26.22 | 27.02 | 30.27 | 34.75 | 32.43 | 22.97 | 32.30 | 262.80 | 30.09 | |
| EBITDA | 355.00 | 357.00 | 365.00 | 373.00 | 351.00 | 390.00 | 374.00 | 401.00 | 482.00 | 652.00 | 500.00 | 352.00 | 490.00 | 1,015.00 | 712.00 | |
| EBITDA Margin | 25.25 | 42.32 | 41.88 | 41.74 | 38.04 | 38.75 | 35.16 | 35.67 | 40.13 | 49.81 | 36.60 | 24.44 | 35.74 | 460.72 | 35.85 | |
| Operating Income | 349.00 | 352.00 | 360.00 | 369.00 | 348.00 | 386.00 | 371.00 | 353.00 | 480.00 | 601.00 | 499.00 | 351.00 | 489.00 | 1,014.00 | 712.00 | |
| Operating Margin | 24.79 | 41.71 | 41.38 | 41.30 | 37.70 | 38.40 | 34.85 | 31.39 | 39.99 | 45.98 | 36.51 | 24.37 | 35.69 | 460.50 | 35.85 | |
| Interest Income | 1,114.00 | 563.00 | 581.00 | 604.00 | 620.00 | 686.00 | 736.00 | 788.00 | 866.00 | 957.00 | 1,004.00 | 976.00 | 984.00 | 1,291.00 | 2,217.00 | |
| Loss | -577.00 | -492.00 | -511.00 | -524.00 | -575.00 | -620.00 | -694.00 | -772.00 | -721.00 | -707.00 | -868.00 | -1,090.00 | -882.00 | -88.00 | -1,735.00 | |
| Cost of Revenue | -577.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -230.00 | |
|
Operating Expenses
|
-481.00 | -492.00 | -511.00 | -524.00 | -575.00 | -620.00 | -694.00 | -772.00 | -721.00 | -707.00 | -868.00 | -1,090.00 | -882.00 | -88.00 | -1,505.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -311.00 | -312.00 | -317.00 | -327.00 | -347.00 | -365.00 | -394.00 | -424.00 | -431.00 | -444.00 | -471.00 | -473.00 | -489.00 | -596.00 | -739.00 | |
| SG&A | -311.00 | -312.00 | -317.00 | -327.00 | -347.00 | -365.00 | -394.00 | -451.00 | -431.00 | -444.00 | -471.00 | -473.00 | -489.00 | -596.00 | -788.00 | |
| S&M | - - | - - | - - | -23.00 | -26.00 | -28.00 | -28.00 | -27.00 | -29.00 | -32.00 | -38.00 | -34.00 | -34.00 | -39.00 | -48.00 | |
| Depreciation and Amortization | -36.00 | -37.00 | -37.00 | -37.00 | -38.00 | -39.00 | -41.00 | -48.00 | -47.00 | -50.00 | -54.00 | -64.00 | -69.00 | -71.00 | -76.00 | |
| Interest Expenses | -86.00 | -53.00 | -41.00 | -26.00 | -21.00 | -14.00 | -12.00 | -12.00 | -26.00 | -93.00 | -129.00 | -45.00 | -23.00 | -184.00 | -659.00 | |
| Other Expenses | -116.00 | -86.00 | -74.00 | -60.00 | -57.00 | -50.00 | -51.00 | -12.00 | -72.00 | -93.00 | -499.00 | -351.00 | -489.00 | -346.00 | -712.00 | |
|
WA Shares Outstanding
|
59.00 | 60.00 | 61.00 | 61.00 | 60.00 | 62.00 | 62.00 | 62.00 | 63.00 | 63.00 | 62.00 | 62.00 | 63.00 | 64.00 | 64.00 | |
| Diluted | 59.00 | 60.00 | 61.00 | 61.00 | 61.00 | 62.00 | 63.00 | 62.00 | 64.00 | 64.00 | 63.00 | 63.00 | 64.00 | 64.00 | 64.00 |