Cullen/Frost Bankers, Inc.

CFR · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$2,850$2,646$1,881$1,395
% Growth7.7%40.7%34.8%
Cost of Goods Sold$851$705$187$24
Gross Profit$1,999$1,941$1,693$1,372
% Margin70.1%73.4%90%98.3%
R&D Expenses$0$0$0$0
G&A Expenses$781$740$596$490
SG&A Expenses$833$788$636$524
Sales & Mktg Exp.$51$49$40$35
Other Operating Expenses$470$440$388$358
Operating Expenses$1,303$1,229$1,024$882
Operating Income$696$712$669$490
% Margin24.4%26.9%35.6%35.1%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$696$712$669$490
Tax Expense$113$114$90$46
Net Income$583$598$579$443
% Margin20.4%22.6%30.8%31.8%
EPS8.889.118.846.79
% Growth-2.5%3.1%30.2%
EPS Diluted8.879.088.796.74
Weighted Avg Shares Out64646464
Weighted Avg Shares Out Dil64646564
Supplemental Information
Interest Income$2,391$2,218$1,476$1,009
Interest Expense$786$659$184$24
Depreciation & Amortization$83$76$71$69
EBITDA$779$789$740$559
% Margin27.3%29.8%39.4%40%
Cullen/Frost Bankers, Inc. (CFR) Financial Statements & Key Stats | AlphaPilot