Company Quick10K Filing
Cullen/Frost Bankers
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 64 $5,851
10-Q 2019-10-31 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-02-06 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-26 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-02-07 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-26 Quarter: 2017-03-31
10-K 2017-02-03 Annual: 2016-12-31
10-Q 2016-10-26 Quarter: 2016-09-30
10-Q 2016-07-27 Quarter: 2016-06-30
10-Q 2016-04-27 Quarter: 2016-03-31
10-K 2016-02-04 Annual: 2015-12-31
10-Q 2015-10-28 Quarter: 2015-09-30
10-Q 2015-07-29 Quarter: 2015-06-30
10-Q 2015-04-29 Quarter: 2015-03-31
10-K 2015-02-05 Annual: 2014-12-31
10-Q 2014-10-29 Quarter: 2014-09-30
10-Q 2014-07-30 Quarter: 2014-06-30
10-Q 2014-04-23 Quarter: 2014-03-31
10-K 2014-02-06 Annual: 2013-12-31
10-Q 2013-10-30 Quarter: 2013-09-30
10-Q 2013-07-24 Quarter: 2013-06-30
10-Q 2013-04-24 Quarter: 2013-03-31
10-K 2013-02-08 Annual: 2012-12-31
10-Q 2012-10-24 Quarter: 2012-09-30
10-Q 2012-07-25 Quarter: 2012-06-30
10-Q 2012-04-25 Quarter: 2012-03-31
10-K 2012-02-03 Annual: 2011-12-31
10-Q 2011-10-26 Quarter: 2011-09-30
10-Q 2011-07-27 Quarter: 2011-06-30
10-Q 2011-04-27 Quarter: 2011-03-31
10-K 2011-02-03 Annual: 2010-12-31
10-Q 2010-10-27 Quarter: 2010-09-30
10-Q 2010-07-28 Quarter: 2010-06-30
10-Q 2010-04-28 Quarter: 2010-03-31
10-K 2010-02-02 Annual: 2009-12-31
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-07-22 Officers
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-04-24 Shareholder Vote
8-K 2019-01-31 Earnings, Exhibits
8-K 2019-01-30 Officers
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-07-25 Officers, Regulation FD, Exhibits
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-04-25 Shareholder Vote
8-K 2018-01-25 Earnings, Exhibits
8-K 2018-01-24 Officers, Regulation FD, Exhibits

Cullen/Frost Bankers Financials

CFR Metrics, Comps, Filings

Annual | Quarterly

Business

Cullen/Frost Bankers, Inc., a Texas business corporation incorporated in 1977, is a financial holding company and a bank holding company headquartered in San Antonio, Texas that provides, through its subsidiaries, a broad array of products and services throughout numerous Texas markets. The terms "Cullen/Frost," "the Corporation," "we," "us" and "our" mean Cullen/Frost Bankers, Inc. and its subsidiaries, when appropriate. We offer commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. At December 31, 2018, Cullen/Frost had consolidated total assets of $32.3 billion and was one of the largest independent bank holding companies headquartered in the State of Texas.

Our philosophy is to grow and prosper, building long-term relationships based on top quality service, high ethical standards, and safe, sound assets. We operate as a locally-oriented, community-based financial services organization, augmented by experienced, centralized support in select critical areas. Our local market orientation is reflected in our regional management and regional advisory boards, which are comprised of local business persons, professionals and other community representatives that assist our regional management in responding to local banking needs. Despite this local market, community-based focus, we offer many of the products available at much larger money-center financial institutions.

We serve a wide variety of industries including, among others, energy, manufacturing, services, construction, retail, telecommunications, healthcare, military and transportation. Our customer base is similarly diverse. While our loan portfolio has a significant concentration of energy-related loans totaling approximately 11.4% of total loans at December 31, 2018, we are not dependent upon any single industry or customer.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
East West Bancorp (EWBC) 6,704 0% 2.4 2% 42,892 38,158 53 0 659 1,347 3,235
Cullen/Frost Bankers (CFR) 5,851 0% 8.3 1% 31,819 28,078 1,345 0 465 706 5,851
BOK Financial (BOKF) 5,592 4.5 1% 41,893 37,175 0 0 474 950 4,256
Synovus Financial (SNV) 5,390 0% 6.7 1% 47,318 42,564 112 0 490 982 6,545
Popular (BPOP) 5,130 4.1 1% 50,617 44,897 0 0 586 1,155 4,731
First Citizens Bancshares (FCNCA) 4,982 0% 9.5 1% 37,655 34,080 87 0 438 498 4,716
CIT Group (CIT) 4,942 6.3 1% 50,558 44,642 0 0 480 1,525 9,596
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
First Horizon National (FHN) 4,674 0% 4.0 1% 42,172 37,246 1,935 0 590 1,166 4,674
Prosperity Bancshares (PB) 4,580 8.0 1% 22,375 18,247 0 0 331 535 4,278
PacWest Bancorp (PACW) 4,529 0% 7.1 2% 26,344 21,492 1,040 0 472 822 5,834
Western Alliance (WAL) 4,495 4.6 2% 25,315 22,464 0 0 484 740 3,428
Pinnacle Financial Partners (PNFP) 4,360 6.0 1% 26,540 22,364 0 0 383 731 4,360
Sterling Bancorp (STL) 4,324 0% 9.6 1% 30,238 25,778 26 0 432 842 8,115
Webster Financial (WBS) 4,190 0% 6.8 1% 28,942 25,877 208 0 397 666 4,511
First Financial (FFIN) 4,187 19.5 2% 7,979 6,815 0 0 159 215 4,187
Wintrust Financial (WTFC) 4,141 0% 5.2 1% 33,642 30,195 1,055 0 342 736 3,840
Iberiabank (IBKC) 4,023 5.7 1% 31,447 27,209 0 0 433 805 4,609
FNB (FNB) 3,765 6.0 1% 33,903 29,150 0 0 390 765 4,604
United Bankshares (UBSI) 3,716 10.6 1% 19,883 16,549 0 0 259 498 5,264

Balance Sheet ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash2,8212,908231328294207289
Accounts Receivable
Inventory
PP&E317319316612626559526521552
Assets17,61720,31723,1242,7563,1153,1643,24431,74832,293
Accounts Payable
Long-Term Debt
Liabilities15,55518,03423024226427324228,45028,924
Stockholders' Equity2,0622,2842,4172,5142,8512,8903,0033,2983,369
Income Statement ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue9231,0071,0651,1261,2031,309
Cost of Revenue
Gross Profit
R&D
SG&A2324262929282933
Tax5857506357504454
Net Income2099238238278279304364455
Cash Flow ($MM)2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating425274136143111127137538562
Cash Investing-400-2,455-2,1550-4900-671-1,913
Cash Financing1,0752,26894-46-95-214-541,044254