CFR - Cullen-Frost Bankers Inc Stock Price, Fair Value and News

106.86USD-1.00 (-0.93%)Delayed as of 15 May 2024, 02:44 pm ET

Market Summary

USD106.86-1.00

Delayedas of 15 May 2024, 02:44 pm

-0.93%

CFR Stock Price

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CFR RSI Chart

CFR Valuation

Market Cap

6.9B

Price/Earnings (Trailing)

12.46

Price/Sales (Trailing)

3.06

EV/EBITDA

-0.67

Price/Free Cashflow

10.69

CFR Price/Sales (Trailing)

CFR Profitability

EBT Margin

29.24%

Return on Equity

15.28%

Return on Assets

1.12%

Free Cashflow Yield

9.35%

CFR Fundamentals

CFR Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

9.4%

Rev. Growth (Qtr)

1.11%

CFR Earnings

Earnings (TTM)

556.0M

Earnings Growth (Yr)

-23.62%

Earnings Growth (Qtr)

32.31%

Breaking Down CFR Revenue

52 Week Range

88.07120.31

(Low)(High)

Last 7 days

1.7%

Last 30 days

-0.2%

Last 90 days

1.4%

Trailing 12 Months

8.2%

How does CFR drawdown profile look like?

CFR Financial Health

CFR Investor Care

Dividend Yield

3.37%

Dividend/Share (TTM)

3.63

Buy Backs (1Y)

0.22%

Diluted EPS (TTM)

8.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.3B	0	0	0
2023	1.8B	2.0B	2.1B	2.2B
2022	1.0B	1.1B	1.2B	1.5B
2021	1.0B	1.0B	1.0B	1.0B
2020	1.1B	1.1B	1.1B	1.0B
2019	1.1B	1.1B	1.1B	1.1B
2018	924.5M	963.2M	1.0B	1.1B
2017	807.6M	833.4M	863.5M	892.9M
2016	757.7M	765.2M	772.6M	788.4M
2015	722.1M	734.7M	743.2M	749.5M
2014	647.4M	661.8M	682.5M	701.5M
2013	633.5M	636.7M	639.4M	642.5M
2012	626.3M	626.0M	629.3M	631.6M
2011	618.8M	619.6M	618.7M	623.0M
2010	621.1M	619.2M	619.4M	617.3M
2009	0	658.1M	640.6M	623.0M
2008	0	0	0	675.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Cullen-Frost Bankers Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	berman bobby	sold	-138,403	105	-1,312	gevp research & strategy
Mar 12, 2024	green phillip d	gifted	-	-	-3,281	chairman and ceo
Mar 05, 2024	salinas jerry	acquired	-	-	4,189	gevp and cfo
Mar 05, 2024	stead jimmy	acquired	-	-	2,375	gevp chief consumer banking
Mar 05, 2024	salinas jerry	back to issuer	-187,921	114	-1,648	gevp and cfo
Mar 05, 2024	bracher paul	back to issuer	-189,746	114	-1,664	president of cfr
Mar 05, 2024	stead jimmy	back to issuer	-106,390	114	-933	gevp chief consumer banking
Mar 05, 2024	alonzo annette m	back to issuer	-116,197	114	-1,019	gevp chief hr officer
Mar 05, 2024	green phillip d	acquired	-	-	19,433	chairman and ceo
Mar 05, 2024	green phillip d	back to issuer	-871,873	114	-7,646	chairman and ceo

Which funds bought or sold CFR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	DT Investment Partners, LLC	unchanged	-	68.00	2,252	-%
May 13, 2024	CANADA LIFE ASSURANCE Co	added	2.08	309,000	5,350,000	0.01%
May 13, 2024	Ethic Inc.	reduced	-28.62	-179,125	511,631	0.01%
May 13, 2024	Annis Gardner Whiting Capital Advisors, LLC	new	-	9,006	9,006	-%
May 13, 2024	Atria Wealth Solutions, Inc.	added	2.06	34,186	613,957	0.01%
May 13, 2024	XPONANCE, INC.	reduced	-1.23	20,339	839,547	0.01%
May 13, 2024	Creative Planning	added	2.9	56,143	885,213	-%
May 13, 2024	FMR LLC	added	3.6	12,315,500	176,562,000	0.01%
May 13, 2024	Fernwood Investment Management, LLC	new	-	8,330	8,330	-%
May 13, 2024	BESSEMER GROUP INC	added	24.46	403,000	1,785,000	-%

Are Funds Buying or Selling CFR?

Are funds buying CFR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CFR

No. of Funds

Unveiling Cullen-Frost Bankers Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	aristotle capital management, llc	9.75%	6,242,873	SC 13G/A
Feb 13, 2024	vanguard group inc	10.01%	6,412,843	SC 13G/A
Feb 01, 2024	cullen/frost bankers, inc.	8%	3,695,340	SC 13G/A
Jan 24, 2024	state street corp	6.26%	4,006,644	SC 13G/A
Jan 24, 2024	blackrock inc.	9.1%	5,851,996	SC 13G/A
Mar 10, 2023	vanguard group inc	10.03%	6,452,297	SC 13G/A
Feb 14, 2023	aristotle capital management, llc	10.72%	6,895,043	SC 13G/A
Feb 09, 2023	cullen/frost bankers, inc.	5.6%	3,595,098	SC 13G/A
Feb 09, 2023	vanguard group inc	9.95%	6,394,885	SC 13G/A
Feb 03, 2023	state street corp	6.04%	3,884,614	SC 13G/A

Recent SEC filings of Cullen-Frost Bankers Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	144	Notice of Insider Sale Intent
May 10, 2024	13F-HR	Fund Holdings Report
Apr 30, 2024	S-8	Employee Benefits Plan
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading

Peers (Alternatives to Cullen-Frost Bankers Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	578.6B	174.7B	10.22%	48.98%	11.49	3.31	53.11%	19.83%
BAC	301.1B	137.9B	7.57%	39.24%	12.03	2.18	56.12%	-12.56%
WFC	215.7B	85.8B	9.58%	59.61%	11.49	2.51	35.02%	26.14%
C	121.3B	125.0B	6.53%	38.07%	15.17	0.97	37.85%	-
CFG	16.6B	10.4B	9.93%	41.37%	11.58	1.59	26.22%	-33.87%
KEY	14.2B	8.1B	3.29%	57.35%	16.28	1.75	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	5.39%	57.43%	10.3	1.69	34.68%	-45.96%
ZION	6.6B	4.1B	9.56%	86.36%	10.46	1.61	32.93%	-30.73%
ABCB	3.4B	1.3B	10.65%	65.52%	12.19	2.62	30.60%	-12.99%
ASB	3.4B	2.0B	10.14%	49.70%	20.99	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	409.2M	152.4M	3.25%	44.20%	41.16	2.68	16.94%	-73.84%
AROW	398.8M	173.1M	8.57%	24.92%	13.67	2.3	26.54%	-34.86%
ACNB	286.5M	98.7M	3.12%	13.90%	9.73	2.9	6.27%	-22.90%
ASRV	46.1M	62.5M	10.88%	-6.69%	-15.6	0.74	18.83%	-145.18%

Cullen-Frost Bankers Inc News

Latest updates

Cullen-Frost Bankers Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.1%	586	579	561	542	535	505	408	307	256	247	252	263	247	249	251	255	266	278	286	288	281
EBITDA Margin	-4.6%	1.01*	1.06*	1.15*	1.22*	1.30*	1.38*	1.45*	1.49*	1.51*	1.53*	1.51*	1.49*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.5%	390	388	385	385	400	398	356	288	249	241	246	257	241	242	243	246	245	251	253	253	246
Income Taxes	42.5%	26.00	18.00	31.00	32.00	33.00	29.00	28.00	21.00	13.00	10.00	13.00	15.00	8.00	9.00	10.00	-1.31	3.00	14.00	14.00	15.00	14.00
Earnings Before Taxes	33.9%	162	121	187	194	211	220	197	140	112	111	121	133	124	97.00	105	92.00	58.00	117	125	126	130
EBT Margin	-9.0%	0.29*	0.32*	0.38*	0.41*	0.44*	0.45*	0.46*	0.46*	0.47*	0.49*	0.47*	0.45*	-	-	-	-	-	-	-	-	-
Net Income	32.3%	136	103	156	162	178	191	170	119	99.00	101	108	118	116	88.00	95.00	93.00	55.00	104	112	112	116
Net Income Margin	-9.1%	0.25*	0.27*	0.32*	0.35*	0.37*	0.39*	0.40*	0.40*	0.42*	0.44*	0.43*	0.41*	-	-	-	-	-	-	-	-	-
Free Cashflow	464.4%	450	-123	206	116	122	136	217	-53.41	320	67.00	195	114	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.6%	49,505	50,845	48,747	48,597	51,246	52,892	52,946	51,785	51,296	50,878	47,860	46,698	44,047	42,391	40,101	39,378	34,147	34,027	33,098	31,819	31,665
Cash Equivalents	-2.6%	8,465	8,687	7,618	7,107	9,302	12,028	13,633	13,659	14,457	16,583	16,254	15,184	11,802	10,289	-	-	-	3,788	-	-	-
Net PPE	1.8%	1,211	1,190	1,167	1,154	1,131	1,103	1,069	1,046	1,046	1,050	1,023	1,032	1,041	1,046	1,055	1,044	1,036	1,012	988	915	750
Goodwill	-	-	-	-	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655	655
Liabilities	-2.7%	45,867	47,129	45,747	45,210	47,778	49,755	50,133	48,438	47,520	46,439	43,488	42,324	39,779	38,098	36,016	35,369	30,321	30,116	29,217	28,078	28,071
Shareholder's Equity	-2.1%	3,638	3,716	3,000	3,387	3,468	3,137	2,812	3,347	3,776	4,440	4,372	4,374	4,268	4,293	4,085	4,009	3,827	3,912	3,881	3,739	3,592
Retained Earnings	1.9%	3,727	3,658	3,627	3,533	3,429	3,310	3,180	3,070	3,003	2,957	2,920	2,863	2,797	2,751	2,725	2,679	2,636	2,668	2,618	2,558	2,495
Additional Paid-In Capital	0.4%	1,060	1,056	1,044	1,041	1,036	1,030	1,019	1,015	1,012	1,010	1,005	1,003	1,000	997	991	989	986	983	978	975	971
Float	-	-	-	-	6,700	-	-	-	7,200	-	-	-	6,800	-	-	-	4,500	-	-	-	5,600	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	688.5%	488,434	-83,001	238,688	154,812	168,346	182,670	244,858	-37,771	332,825	95,680	204,023	128,825	219,765	49,145	268,138	-41,968	248,928	48,894	293,281	145,783	146,132
Share Based Compensation	-68.7%	3,738	11,944	3,111	4,793	4,742	9,619	3,173	3,418	2,112	4,997	1,985	3,245	2,526	5,691	2,443	3,272	2,512	5,253	2,675	4,364	3,654
Cashflow From Investing	654.4%	620,501	-111,925	-112,193	-69,345	-649,288	-1,727,930	-1,577,503	-1,712,197	-3,259,700	-3,339,812	51,994	1,164,832	-402,029	936,582	-489,430	-2,469,196	390,997	-178,573	-252,252	-170,460	-785,465
Cashflow From Financing	-205.3%	-1,331,694	1,264,119	384,252	-2,279,905	-2,245,416	-59,306	1,306,758	951,470	800,958	3,573,161	813,559	2,088,469	1,695,680	2,127,446	797,404	4,915,147	-232,521	1,009,959	921,462	-311,367	-1,034,992
Dividend Payments	0.1%	59,804	59,771	59,509	56,407	56,636	56,503	56,319	48,515	48,443	48,276	48,114	46,272	46,124	45,822	44,957	44,871	44,934	44,874	44,704	44,826	42,602
Buy Backs	-6.8%	2,073	2,224	11,372	27,951	1,173	3,395	-	-	996	2,522	54.00	-	1,288	1,785	27.00	-	13,973	1,084	17,190	50,000	519

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CFR Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans, including fees	$ 330,540	$ 269,715
Securities:
Taxable	98,062	97,775
Tax-exempt	55,259	66,634
Interest-bearing deposits	100,361	99,245
Federal funds sold	80	758
Resell agreements	1,198	1,068
Total interest income	585,500	535,195
Interest expense:
Deposits	155,634	97,989
Federal funds purchased	444	583
Repurchase agreements	35,948	33,651
Junior subordinated deferrable interest debentures	2,259	1,988
Subordinated notes	1,164	1,164
Total interest expense	195,449	135,375
Net interest income	390,051	399,820
Credit loss expense	13,650	9,104
Net interest income after credit loss expense	376,401	390,716
Non-interest income:
Trust and investment management fees	39,085	36,144
Service charges on deposit accounts	24,795	21,879
Insurance commissions and fees	18,296	18,952
Interchange and card transaction fees	4,474	4,889
Other charges, commissions, and fees	12,060	11,704
Net gain (loss) on securities transactions	0	21
Other	12,667	11,676
Total non-interest income	111,377	105,265
Non-interest expense:
Salaries and wages	148,000	130,345
Employee benefits	35,970	33,922
Net occupancy	31,778	30,349
Technology, furniture, and equipment	34,995	32,481
Deposit insurance	14,724	6,245
Other	60,750	51,800
Total non-interest expense	326,217	285,142
Income before income taxes	161,561	210,839
Income taxes	25,871	33,186
Net income	135,690	177,653
Preferred stock dividends	1,669	1,669
Net income available to common shareholders	$ 134,021	$ 175,984
Earnings per common share:
Basic	$ 2.06	$ 2.71
Diluted	$ 2.06	$ 2.70

CFR Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 511,173	$ 617,569
Interest-bearing deposits	7,868,694	7,985,057
Resell agreements	84,650	84,650
Total cash and cash equivalents	8,464,517	8,687,276
Securities held to maturity, net of allowance for credit losses of $310 at both March 31, 2024 and December 31, 2023	3,600,729	3,619,428
Securities available for sale, at estimated fair value	15,181,583	16,578,371
Trading account securities	39,645	31,717
Loans, net of unearned discounts	19,388,206	18,824,251
Less: Allowance for credit losses on loans	(250,297)	(245,996)
Net loans	19,137,909	18,578,255
Premises and equipment, net	1,210,897	1,190,033
Accrued interest receivable and other assets	1,870,144	2,159,958
Total assets	49,505,424	50,845,038
Liabilities:
Non-interest-bearing demand deposits	13,754,985	14,926,094
Interest-bearing deposits	27,051,501	26,994,474
Total deposits	40,806,486	41,920,568
Federal funds purchased	41,200	14,200
Repurchase agreements	3,943,207	4,127,188
Junior subordinated deferrable interest debentures, net of unamortized issuance costs	123,141	123,127
Subordinated notes, net of unamortized issuance costs	99,530	99,491
Accrued interest payable and other liabilities	853,680	844,017
Total liabilities	45,867,244	47,128,591
Shareholders’ Equity:
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized; 150,000 Series B shares ($1,000 liquidation preference) issued at March 31, 2024 and December 31, 2023	145,452	145,452
Common stock, par value $0.01 per share; 210,000,000 shares authorized; 64,404,582 shares issued at both March 31, 2024 and December 31, 2023	644	644
Additional paid-in capital	1,059,547	1,055,809
Retained earnings	3,726,559	3,657,688
Accumulated other comprehensive income (loss), net of tax	(1,276,283)	(1,119,219)
Treasury stock, at cost; 153,312 shares at March 31, 2024 and 219,295 at December 31, 2023	(17,739)	(23,927)
Total shareholders’ equity	3,638,180	3,716,447
Total liabilities and shareholders’ equity	$ 49,505,424	$ 50,845,038

About Cullen-Frost Bankers Inc

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides 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; and treasury management services, as well as originates commercial leasing services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage 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 transmitting, and foreign exchange services. Further, it 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. 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.

CEO	Mr. Phillip D. Green
WEBSITE	frostbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	4985

Cullen-Frost Bankers Inc Frequently Asked Questions

What is the ticker symbol for Cullen-Frost Bankers Inc? What does CFR stand for in stocks?

CFR is the stock ticker symbol of Cullen-Frost Bankers Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cullen-Frost Bankers Inc (CFR)?

As of Tue May 14 2024, market cap of Cullen-Frost Bankers Inc is 6.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CFR stock?

You can check CFR's fair value in chart for subscribers.

What is the fair value of CFR stock?

You can check CFR's fair value in chart for subscribers. The fair value of Cullen-Frost Bankers Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cullen-Frost Bankers Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CFR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cullen-Frost Bankers Inc a good stock to buy?

The fair value guage provides a quick view whether CFR is over valued or under valued. Whether Cullen-Frost Bankers Inc is cheap or expensive depends on the assumptions which impact Cullen-Frost Bankers Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CFR.

What is Cullen-Frost Bankers Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 14 2024, CFR's PE ratio (Price to Earnings) is 12.46 and Price to Sales (PS) ratio is 3.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CFR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cullen-Frost Bankers Inc's stock?

In the past 10 years, Cullen-Frost Bankers Inc has provided 0.062 (multiply by 100 for percentage) rate of return.