Cullen/Frost Bankers, Inc.
CFR · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $2,849,735 | $2,646,258 | $1,880,539 | $1,395,497 |
| % Growth | 7.7% | 40.7% | 34.8% | – |
| Cost of Goods Sold | $851,010 | $705,223 | $187,438 | $23,965 |
| Gross Profit | $1,998,725 | $1,941,035 | $1,693,101 | $1,371,532 |
| % Margin | 70.1% | 73.4% | 90% | 98.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $781,109 | $739,613 | $596,307 | $489,758 |
| SG&A Expenses | $832,512 | $788,221 | $636,301 | $524,297 |
| Sales & Mktg Exp. | $51,403 | $48,608 | $39,994 | $34,539 |
| Other Operating Expenses | $470,246 | $440,441 | $387,973 | $357,697 |
| Operating Expenses | $1,302,758 | $1,228,662 | $1,024,274 | $881,994 |
| Operating Income | $695,967 | $712,373 | $668,827 | $489,538 |
| % Margin | 24.4% | 26.9% | 35.6% | 35.1% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $695,967 | $712,373 | $668,827 | $489,538 |
| Tax Expense | $113,425 | $114,400 | $89,677 | $46,459 |
| Net Income | $582,542 | $597,973 | $579,150 | $443,079 |
| % Margin | 20.4% | 22.6% | 30.8% | 31.8% |
| EPS | 8.88 | 9.11 | 8.84 | 6.79 |
| % Growth | -2.5% | 3.1% | 30.2% | – |
| EPS Diluted | 8.87 | 9.08 | 8.79 | 6.74 |
| Weighted Avg Shares Out | 64,186 | 64,204 | 64,157 | 63,613 |
| Weighted Avg Shares Out Dil | 64,283 | 64,405 | 64,521 | 64,102 |
| Supplemental Information | – | – | – | – |
| Interest Income | $2,390,637 | $2,217,716 | $1,475,721 | $1,008,769 |
| Interest Expense | $786,025 | $659,052 | $184,438 | $23,902 |
| Depreciation & Amortization | $82,817 | $76,442 | $71,344 | $69,289 |
| EBITDA | $778,784 | $788,815 | $740,171 | $558,827 |
| % Margin | 27.3% | 29.8% | 39.4% | 40% |