Financial Services - Banks - Regional - NYSE - US
$ 139.27
-0.151 %
$ 8.93 B
Market Cap
17.24
P/E
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 to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services.[ Read More ]
The intrinsic value of one CFR stock under the base case scenario is HIDDEN Compared to the current market price of 139 USD, Cullen/Frost Bankers, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart CFR
FINANCIALS
1.94 B
REVENUE
712 M
OPERATING INCOME
598 M
NET INCOME
479 M
OPERATING CASH FLOW
-943 M
INVESTING CASH FLOW
-2.88 B
FINANCING CASH FLOW
518 M
REVENUE
175 M
OPERATING INCOME
150 M
NET INCOME
307 M
OPERATING CASH FLOW
179 M
INVESTING CASH FLOW
1.57 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Cullen/Frost Bankers, Inc.
| Current Assets | 17.2 B |
| Cash & Short-Term Investments | 17.2 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.19 B |
| Long-Term Investments | 0 |
| PP&E | 1.19 B |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 47.1 B |
| Long-Term Debt | 223 M |
| Other Non-Current Liabilities | 46.9 B |
EFFICIENCY
Earnings Waterfall
Cullen/Frost Bankers, Inc.
| Revenue | 1.94 B |
| Cost Of Revenue | 0 |
| Gross Profit | 1.94 B |
| Operating Expenses | 1.99 B |
| Operating Income | 712 M |
| Other Expenses | 114 M |
| Net Income | 598 M |
RATIOS
100.00%
GROSS MARGIN
36.70%
OPERATING MARGIN
30.81%
NET MARGIN
16.09%
ROE
1.18%
ROA
15.18%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Cullen/Frost Bankers, Inc.
| Net Income | 598 M |
| Depreciation & Amortization | 76.4 M |
| Capital Expenditures | -159 M |
| Stock-Based Compensation | 56.9 M |
| Change in Working Capital | -296 M |
| Others | -153 M |
| Free Cash Flow | 320 M |
Wall Street Analysts Price Targets
Cullen/Frost Bankers, Inc.
Wall Street analysts predict an average 1-year price target for CFR of $124 , with forecasts ranging from a low of $104 to a high of $149 .
CFR Lowest Price Target
Wall Street Target
104 USD
-25.32%
CFR Average Price Target
Wall Street Target
124 USD
-10.86%
CFR Highest Price Target
Wall Street Target
149 USD
6.99%
4. DIVIDEND ANALYSIS
1.65%
DIVIDEND YIELD
0.95 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Cullen/Frost Bankers, Inc.
Sold
0-3 MONTHS
996 K USD 2
3-6 MONTHS
956 K USD 2
6-9 MONTHS
1.21 M USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 08, 2024
|
Sell 553 K USD
|
Kasanoff Howard L.
GEVP Chief Credit Officer |
- 4000
|
138.34 USD |
|
2 weeks ago
Nov 01, 2024
|
Sell 443 K USD
|
Berman Bobby
GEVP Research & Strategy |
- 3506
|
126.31 USD |
|
3 months ago
Jul 31, 2024
|
Sell 358 K USD
|
Kasanoff Howard L.
GEVP Chief Credit Officer |
- 3000
|
119.2 USD |
|
3 months ago
Jul 26, 2024
|
Sell 598 K USD
|
Wolfshohl Candace K
GEVP Culture/PeopleDevelopment |
- 5000
|
119.65 USD |
|
8 months ago
Mar 14, 2024
|
Sell 138 K USD
|
Berman Bobby
GEVP Research & Strategy |
- 1312
|
105.49 USD |
|
9 months ago
Feb 16, 2024
|
Sell 1.07 M USD
|
Bracher Paul
President of CFR |
- 9820
|
109.4 USD |
|
2 years ago
Jun 23, 2022
|
Bought 109 USD
|
CHASE ANTHONY R
Director |
+ 1
|
109 USD |
|
1 year ago
May 19, 2023
|
Sell 405 K USD
|
FROST PATRICK B
President of Frost Bank |
- 4017
|
100.7 USD |
|
1 year ago
May 19, 2023
|
Sell 264 K USD
|
FROST PATRICK B
President of Frost Bank |
- 2600
|
101.7 USD |
|
1 year ago
May 05, 2023
|
Bought 100 K USD
|
Kasanoff Howard L.
GEVP Chief Credit Officer |
+ 1000
|
100.5 USD |
|
1 year ago
May 15, 2023
|
Bought 197 K USD
|
John Howard Willome
Director |
+ 2000
|
98.6562 USD |
|
1 year ago
May 10, 2023
|
Bought 479 K USD
|
Avery Chris
Director |
+ 5000
|
95.75 USD |
|
1 year ago
May 04, 2023
|
Bought 143 K USD
|
Berman Bobby
GEVP Research & Strategy |
+ 1500
|
95.25 USD |
|
1 year ago
Mar 13, 2023
|
Bought 161 K USD
|
Severyn Carol Jean
GEVP and Chief Risk Officer |
+ 1500
|
107.3 USD |
|
1 year ago
Mar 15, 2023
|
Bought 75.8 K USD
|
Wolfshohl Candace K
GEVP Culture/PeopleDevelopment |
+ 700
|
108.2799 USD |
|
1 year ago
Mar 13, 2023
|
Bought 108 K USD
|
John Howard Willome
Director |
+ 1000
|
108.3 USD |
|
1 year ago
Mar 13, 2023
|
Bought 106 K USD
|
John Howard Willome
Director |
+ 1000
|
105.7 USD |
|
1 year ago
Mar 13, 2023
|
Bought 540 K USD
|
Avery Chris
Director |
+ 5000
|
108.085 USD |
|
1 year ago
Mar 13, 2023
|
Bought 1.01 M USD
|
GREEN PHILLIP D
Chairman and CEO |
+ 9500
|
106.5918 USD |
|
1 year ago
Feb 14, 2023
|
Sell 766 K USD
|
Bracher Paul
President of CFR |
- 5848
|
130.97 USD |
|
2 years ago
Oct 28, 2022
|
Sell 294 K USD
|
Berman Bobby
GEVP Research & Strategy |
- 1941
|
151.62 USD |
|
2 years ago
Sep 06, 2022
|
Sell 1.39 M USD
|
Perotti William L
GEVP and Chief Credit Officer |
- 10490
|
132.68 USD |
|
2 years ago
Aug 11, 2022
|
Sell 1.61 M USD
|
Salinas Jerry
GEVP and CFO |
- 12000
|
134.0349 USD |
|
2 years ago
Aug 04, 2022
|
Sell 7.86 M USD
|
FROST PATRICK B
President of Frost Bank |
- 61500
|
127.86 USD |
|
2 years ago
Aug 04, 2022
|
Sell 4.08 M USD
|
FROST PATRICK B
President of Frost Bank |
- 31715
|
128.67 USD |
|
2 years ago
Aug 04, 2022
|
Sell 360 K USD
|
FROST PATRICK B
President of Frost Bank |
- 2771
|
129.78 USD |
|
2 years ago
Aug 04, 2022
|
Sell 54.6 K USD
|
FROST PATRICK B
President of Frost Bank |
- 418
|
130.69 USD |
|
2 years ago
Aug 04, 2022
|
Sell 1.47 M USD
|
FROST PATRICK B
President of Frost Bank |
- 11483
|
127.86 USD |
|
2 years ago
Aug 04, 2022
|
Sell 762 K USD
|
FROST PATRICK B
President of Frost Bank |
- 5922
|
128.67 USD |
|
2 years ago
Aug 04, 2022
|
Sell 67.1 K USD
|
FROST PATRICK B
President of Frost Bank |
- 517
|
129.78 USD |
|
2 years ago
Aug 04, 2022
|
Sell 10.2 K USD
|
FROST PATRICK B
President of Frost Bank |
- 78
|
130.69 USD |
|
2 years ago
Aug 04, 2022
|
Sell 93 K USD
|
FROST PATRICK B
President of Frost Bank |
- 727
|
127.86 USD |
|
2 years ago
Aug 04, 2022
|
Sell 48.3 K USD
|
FROST PATRICK B
President of Frost Bank |
- 375
|
128.67 USD |
|
2 years ago
Aug 04, 2022
|
Sell 4.28 K USD
|
FROST PATRICK B
President of Frost Bank |
- 33
|
129.78 USD |
|
2 years ago
Aug 04, 2022
|
Sell 653 USD
|
FROST PATRICK B
President of Frost Bank |
- 5
|
130.69 USD |
|
2 years ago
May 02, 2022
|
Bought 658 K USD
|
Avery Chris
director: |
+ 5000
|
131.55 USD |
|
2 years ago
Feb 04, 2022
|
Sell 920 K USD
|
FROST PATRICK B
President of Frost Bank |
- 6601
|
139.33 USD |
|
3 years ago
Nov 10, 2021
|
Sell 2.7 M USD
|
Salinas Jerry
GEVP and CFO |
- 20051
|
134.45 USD |
|
3 years ago
Nov 10, 2021
|
Sell 2.16 M USD
|
Salinas Jerry
GEVP and CFO |
- 15978
|
135.37 USD |
|
3 years ago
Nov 10, 2021
|
Sell 75 K USD
|
Salinas Jerry
GEVP and CFO |
- 551
|
136.15 USD |
|
3 years ago
Nov 05, 2021
|
Sell 1.01 M USD
|
Severyn Carol Jean
GEVP and Chief Risk Officer |
- 7500
|
134.37 USD |
|
3 years ago
Nov 03, 2021
|
Sell 985 K USD
|
Wolfshohl Candace K
Group Executive Vice President |
- 7080
|
139.09 USD |
|
3 years ago
Nov 02, 2021
|
Sell 1.87 M USD
|
GREEN PHILLIP D
Chairman and CEO |
- 13708
|
136.06 USD |
|
3 years ago
Nov 02, 2021
|
Sell 8.38 M USD
|
GREEN PHILLIP D
Chairman and CEO |
- 61263
|
136.77 USD |
|
3 years ago
Nov 02, 2021
|
Sell 358 K USD
|
GREEN PHILLIP D
Chairman and CEO |
- 2604
|
137.33 USD |
|
3 years ago
Nov 02, 2021
|
Sell 1.87 M USD
|
Alonzo Annette M
Group Executive Vice President |
- 13740
|
136.25 USD |
|
3 years ago
Nov 02, 2021
|
Sell 247 K USD
|
Alonzo Annette M
Group Executive Vice President |
- 1800
|
137.23 USD |
|
3 years ago
Nov 02, 2021
|
Sell 344 K USD
|
Berman Bobby
Group Executive Vice President |
- 2518
|
136.54 USD |
|
3 years ago
Oct 29, 2021
|
Sell 1.01 M USD
|
Wolfshohl Candace K
Group Executive Vice President |
- 7799
|
129.24 USD |
|
3 years ago
Nov 02, 2021
|
Sell 64.7 USD
|
Wolfshohl Candace K
Group Executive Vice President |
- 0.501
|
129.24 USD |
|
3 years ago
May 06, 2021
|
Sell 368 K USD
|
Stead Jimmy
Group Executive Vice President |
- 3000
|
122.8 USD |
|
3 years ago
Feb 25, 2021
|
Sell 4.29 M USD
|
ALVAREZ CARLOS
Director |
- 40000
|
107.31 USD |
|
3 years ago
Feb 24, 2021
|
Sell 418 K USD
|
Severyn Carol Jean
GEVP and Chief Risk Officer |
- 3850
|
108.46 USD |
|
3 years ago
Feb 23, 2021
|
Sell 1.3 M USD
|
Perotti William L
GEVP and Chief Credit Officer |
- 12250
|
106.09 USD |
|
3 years ago
Feb 22, 2021
|
Sell 4.2 M USD
|
ALVAREZ CARLOS
Director |
- 40000
|
105.04 USD |
|
3 years ago
Feb 17, 2021
|
Sell 4.09 M USD
|
ALVAREZ CARLOS
Director |
- 40000
|
102.36 USD |
|
3 years ago
Feb 17, 2021
|
Sell 1.9 M USD
|
GREEN PHILLIP D
Chairman and CEO |
- 18580
|
102.46 USD |
|
3 years ago
Feb 16, 2021
|
Sell 1.15 M USD
|
Berman Bobby
Group Executive Vice President |
- 11140
|
103.57 USD |
|
3 years ago
Feb 16, 2021
|
Sell 659 K USD
|
Berman Bobby
Group Executive Vice President |
- 6362
|
103.52 USD |
|
3 years ago
Feb 09, 2021
|
Sell 3.96 M USD
|
ALVAREZ CARLOS
Director |
- 40000
|
99.12 USD |
|
3 years ago
Feb 09, 2021
|
Sell 1.18 M USD
|
Salinas Jerry
GEVP and CFO |
- 12000
|
98.75 USD |
|
3 years ago
Feb 09, 2021
|
Sell 1.18 M USD
|
Salinas Jerry
GEVP and CFO |
- 12000
|
98.75 USD |
|
3 years ago
Feb 05, 2021
|
Sell 2.19 M USD
|
Bracher Paul
President of CFBI |
- 22740
|
96.35 USD |
|
3 years ago
Feb 05, 2021
|
Sell 683 K USD
|
Alonzo Annette M
Group Executive Vice President |
- 7080
|
96.53 USD |
|
3 years ago
Feb 03, 2021
|
Bought 324 K USD
|
Avery Chris
Director |
+ 3500
|
92.71 USD |
|
3 years ago
Feb 02, 2021
|
Sell 1.14 M USD
|
FROST PATRICK B
President of Frost Bank |
- 12250
|
93.23 USD |
|
4 years ago
Jun 04, 2020
|
Sell 677 K USD
|
Perotti William L
GEVP and Chief Credit Officer |
- 8600
|
78.75 USD |
|
4 years ago
Jun 04, 2020
|
Sell 60.4 K USD
|
Perotti William L
GEVP and Chief Credit Officer |
- 760
|
79.48 USD |
|
4 years ago
Jun 03, 2020
|
Sell 756 K USD
|
Salinas Jerry
GEVP and CFO |
- 9661
|
78.29 USD |
|
4 years ago
May 29, 2020
|
Bought 99.9 K USD
|
Dawson Samuel G.
Director |
+ 1306
|
76.46 USD |
|
4 years ago
May 27, 2020
|
Sell 94.6 K USD
|
GREEN PHILLIP D
Chairman and CEO |
- 1243
|
76.13 USD |
|
4 years ago
May 27, 2020
|
Sell 782 K USD
|
GREEN PHILLIP D
Chairman and CEO |
- 10337
|
75.64 USD |
|
4 years ago
May 01, 2020
|
Bought 207 K USD
|
WESTON GRAHAM M
Director |
+ 3000
|
69.13 USD |
|
4 years ago
May 01, 2020
|
Bought 780 K USD
|
WESTON GRAHAM M
Director |
+ 11419
|
68.29 USD |
|
4 years ago
May 01, 2020
|
Bought 1.01 M USD
|
WESTON GRAHAM M
Director |
+ 14981
|
67.55 USD |
|
4 years ago
Mar 04, 2020
|
Bought 236 K USD
|
Avery Chris
Director |
+ 3000
|
78.59 USD |
|
4 years ago
Feb 27, 2020
|
Bought 336 K USD
|
Avery Chris
Director |
+ 4000
|
83.9 USD |
|
4 years ago
Feb 11, 2020
|
Sell 875 K USD
|
FROST PATRICK B
President of Frost Bank |
- 9360
|
93.53 USD |
|
4 years ago
Feb 06, 2020
|
Bought 474 K USD
|
Avery Chris
Director |
+ 5000
|
94.7 USD |
|
5 years ago
Aug 05, 2019
|
Bought 385 K USD
|
Avery Chris
Director |
+ 4500
|
85.47 USD |
|
5 years ago
Nov 01, 2019
|
Sell 843 K USD
|
Bracher Paul
President of CFBI |
- 9360
|
90.1 USD |
7. News
Richemont upgraded to Buy from Hold at HSBC
HSBC upgraded Richemont to Buy from Hold with a CHF 155 price target.
https://thefly.com
- 5 days ago
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines.
seekingalpha.com
- 1 week ago
Cullen/Frost Q3 Earnings Surpass Estimates, Expenses Rise Y/Y
CFR's third-quarter 2024 results reflect increased non-interest income and NII. Higher expenses act as headwinds.
zacks.com
- 2 weeks ago
Cullen/Frost Bankers, Inc. (CFR) Q3 2024 Earnings Call Transcript
Cullen/Frost Bankers, Inc. (CFR) Q3 2024 Earnings Conference Call October 31, 2024 2:00 PM ET Company Participants A.B. Mendez - SVP, Director of IR Phil Green - Chairman and CEO Jerry Salinas - Group EVP, CFO Dan Geddes - Incoming CFO Conference Call Participants Peter Winter - D.A.
seekingalpha.com
- 2 weeks ago
Cullen/Frost (CFR) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Cullen/Frost (CFR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 weeks ago
Cullen/Frost Bankers (CFR) Beats Q3 Earnings and Revenue Estimates
Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.38 per share a year ago.
zacks.com
- 2 weeks ago
CULLEN/FROST REPORTS THIRD QUARTER RESULTS
Board declares fourth quarter dividend on common and preferred stock SAN ANTONIO , Oct. 31, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE: CFR) today reported third quarter 2024 results. Net income available to common shareholders for the third quarter of 2024 was $144.8 million compared to $154.0 million for the third quarter of 2023.
prnewswire.com
- 2 weeks ago
Cullen/Frost Bankers (CFR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Cullen/Frost (CFR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 weeks ago
Will Cullen/Frost (CFR) Beat Estimates Again in Its Next Earnings Report?
Cullen/Frost (CFR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 1 month ago
7 Dividend Stocks I'm Buying As The Recession Debate Rages
The ongoing debate on whether the economy will face a recession or achieve a soft landing continues, with mixed opinions from experts. Despite my longstanding recession prediction, the economic expansion has been extended due to delayed deployment of pandemic-era savings. Tariffs have not benefited American manufacturing, leading to higher input costs, disrupted supply chains, and a slump in manufacturing jobs and output.
seekingalpha.com
- 1 month ago
Cullen/Frost Bankers, Inc. Hosts Third Quarter 2024 Earnings Conference Call
SAN ANTONIO , Oct. 4, 2024 /PRNewswire/ -- Cullen/Frost Bankers, Inc. (NYSE:CFR) will host a conference call on Thursday, October 31, 2024 to discuss third quarter 2024 earnings. Earnings Release : The earnings release for Cullen/Frost Bankers, Inc. will be available at approximately 8:00 a.m.
prnewswire.com
- 1 month ago
8 Dividend Stocks I'm Buying In October (Including A New Holding)
The stock market appears richly valued, with REITs and utilities outperforming tech stocks since the June CPI report, reflecting a defensive, yield-oriented investor shift. I plan to allocate dividends to the iShares 0-3 Month Treasury ETF for stability and also buy 8 dividend stocks, including a brand-new position. My dividend growth projection guesstimate involves analyzing management's earnings growth expectations, payout ratios, historical dividend growth, and potential obstacles.
seekingalpha.com
- 1 month ago
8. Profile Summary
Cullen/Frost Bankers, Inc. CFR
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 8.93 B
Dividend Yield
1.65%
Description
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 to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 171 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; and holds securities for investment purposes, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 157 financial centers and 1,650 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.
Contact
111 West Houston Street, San Antonio, TX, 78205
https://www.frostbank.com
IPO Date
March 17, 1980
Employees
5495
Officers
Mr. A. B. Mendez C.F.A.
Director of Investor Relations
Ms. Candace Wolfshohl
Group Executive Vice President of Culture & People Development
Mr. Robert A. Berman
Group Executive Vice President of Research & Strategy
Mr. Jimmy M. Stead
Group Executive Vice President and Chief Consumer Banking Officer & Technology Officer
Mr. Jerry Salinas
Group Executive Vice President, Chief Financial Officer & Chief Accounting Officer
Mr. Coolidge E. Rhodes Jr.
Group Executive Vice President, General Counsel & Corporate Secretary
Ms. Annette Alonzo
Group Executive Vice President & Chief Human Resources Officer
Mr. Matthew B. Henson
Executive Vice President & Director of External Reporting
Ms. Carole Kilpatrick
Senior Vice President of Private Client Services for Allen Financial Center
Mr. Paul H. Bracher
President