Company Quick10K Filing
Cullen/Frost Bankers
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 64 $5,851
10-K 2020-02-04 Annual: 2019-12-31
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 2020-02-14 Other Events, Exhibits
8-K 2020-01-30 Earnings, Exhibits
8-K 2020-01-21 Officers
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) 6,663 0% 2.8 2% 43,275 38,392 42 0 659 1,336 3,773
Cullen/Frost Bankers (CFR) 5,632 0% 10.4 1% 33,098 29,217 1,022 0 340 541 5,632
BOK Financial (BOKF) 6,051 6.0 1% 43,127 38,290 0 0 391 810 4,824
Synovus Financial (SNV) 5,313 6.0 1% 47,661 42,792 0 0 517 1,050 6,284
Popular (BPOP) 5,286 5.2 1% 52,480 46,572 0 0 504 913 4,778
First Citizens Bancshares (FCNCA) 5,339 12.3 1% 37,748 34,180 0 0 355 421 5,162
CIT Group (CIT) 4,455 6.0 1% 51,403 45,370 0 0 491 1,499 9,053
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
First Horizon National (FHN) 5,154 0% 4.9 1% 43,718 38,722 1,333 0 331 750 3,658
Prosperity Bancshares (PB) 4,935 11.1 1% 22,093 17,966 0 0 246 406 4,514
PacWest Bancorp (PACW) 4,294 0% 5.7 2% 26,725 21,805 1,042 0 466 839 4,811
Western Alliance (WAL) 4,743 4.9 2% 26,324 23,401 0 0 492 785 3,871
Pinnacle Financial Partners (PNFP) 4,351 6.2 1% 27,548 23,253 0 0 400 702 4,351
Sterling Bancorp (STL) 4,168 0% 8.0 1% 30,078 25,557 20 0 435 852 6,797
Webster Financial (WBS) 4,189 0% 6.4 1% 29,895 26,743 157 0 391 688 4,435
First Financial (FFIN) 4,548 26.5 2% 8,114 6,909 0 0 123 172 4,548
Wintrust Financial (WTFC) 3,774 0% 4.3 1% 34,912 31,372 1,088 0 349 780 3,325
Iberiabank (IBKC) 4,053 7.1 1% 31,735 27,451 0 0 302 636 4,516
FNB (FNB) 3,714 5.7 1% 34,329 29,509 0 0 392 778 4,445
United Bankshares (UBSI) 3,949 11.0 1% 19,751 16,397 0 0 261 511 5,622

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