Cullen/Frost Bankers Inc.
(CFR-PB)
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Income Statement (Annual)
Get detailed income statement breakdowns, uncovering revenue,
expenses, and much more.
Year | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | FY07 | FY06 | FY05 | FY04 | FY03 | FY02 | FY01 | FY00 | FY99 | FY98 | FY97 | FY96 | FY95 | FY94 | FY93 | FY92 | FY91 | FY90 | FY89 | FY88 | FY87 | FY86 | FY85 |
Revenue | 1.94B | 220.38M | 1.37B | 1.44B | 1.37B | 1.31B | 1.20B | 1.13B | 1.07B | 1.01B | 923.37M | 893.65M | 871.78M | 845.49M | 1.41B | 821.35M | 786.97M | 709.91M | 621.64M | 556.55M | 529.12M | 514.74M | 509.11M | 493.63M | 454.10M | 406.70M | 306.50M | 273.60M | 240.00M | 213.10M | 204.00M | 178.50M | 166.00M | 160.60M | 157.50M | - | - | - | - |
Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 577.72M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit | 1.94B | 220.38M | 1.37B | 1.44B | 1.37B | 1.31B | 1.20B | 1.13B | 1.07B | 1.01B | 923.37M | 893.65M | 871.78M | 845.49M | 830.38M | 821.35M | 786.97M | 709.91M | 621.64M | 556.55M | 529.12M | 514.74M | 509.11M | 493.63M | 454.10M | 406.70M | 306.50M | 273.60M | 240.00M | 213.10M | 204.00M | 178.50M | 166.00M | 160.60M | 157.50M | - | - | - | - |
Operating Income | 712.37M | 1.01B | 489.54M | 351.32M | 499.47M | 601.99M | 481.00M | 353.49M | 371.30M | 386.74M | 348.16M | 369.11M | 360.72M | 352.68M | 349.03M | 438.50M | 559.97M | 500.20M | 362.95M | 141.32M | 130.50M | 122.23M | 264.24M | 355.81M | 299.20M | 277.70M | 226.20M | 197.20M | 175.10M | 126.80M | 108.20M | 105.60M | 123.50M | 154.90M | 195.30M | 2.40M | 2.00M | -6.60M | 10.30M |
Interest Income | 2.22B | 1.29B | 984.87M | 976.00M | 1.00B | 957.89M | 866.42M | 788.41M | 736.63M | 686.93M | 620.55M | 604.86M | 581.78M | 563.46M | 1.11B | 675.65M | 768.85M | 683.96M | 509.83M | 393.54M | 368.95M | 389.90M | 460.98M | 512.33M | 447.60M | 428.10M | 324.70M | 290.50M | 256.10M | 205.50M | 189.60M | 190.00M | 231.20M | 272.90M | 299.40M | - | - | - | - |
Pretax Income | 712.37M | 668.83M | 489.54M | 351.32M | 499.47M | 508.68M | 408.36M | 341.41M | 319.80M | 336.02M | 290.88M | 308.48M | 286.24M | 266.34M | 232.75M | 296.88M | 309.86M | 285.41M | 244.39M | 209.02M | 192.54M | 180.05M | 116.47M | 166.25M | 148.60M | 117.60M | 98.70M | 85.80M | 71.30M | 57.60M | 38.00M | 25.80M | 800.00K | -8.00M | 2.90M | - | - | - | - |
Net Income | 597.97M | 579.15M | 443.08M | 331.15M | 443.60M | 454.92M | 364.15M | 304.26M | 279.33M | 277.98M | 237.87M | 237.95M | 217.53M | 208.76M | 179.03M | 207.25M | 212.07M | 193.59M | 165.42M | 141.32M | 130.50M | 116.99M | 80.92M | 108.82M | 97.60M | 75.60M | 63.50M | 55.00M | 46.30M | 37.40M | 47.10M | 24.10M | 200.00K | -8.20M | 2.70M | 2.40M | 2.00M | -6.60M | 10.30M |
Selling & General & Admin | 788.22M | 596.31M | 489.76M | 473.51M | 471.38M | 444.03M | 431.77M | 451.96M | 394.77M | 365.73M | 347.78M | 327.47M | 317.68M | 312.39M | 311.68M | 273.16M | 257.08M | 237.01M | 207.64M | 207.83M | 184.94M | 173.84M | 180.26M | 167.81M | 152.60M | 132.70M | 98.60M | 87.10M | 69.10M | 62.90M | 65.70M | 55.90M | 53.20M | 52.20M | 51.90M | - | - | - | - |
Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Expenses | - | -210.31M | -1.37B | -1.56B | -1.34B | -1.20B | -1.15B | -1.22B | -1.09B | -986.08M | -923.00M | -852.02M | -828.74M | -805.20M | -793.03M | -656.00M | -484.07M | -446.72M | -466.33M | -623.06M | -583.56M | -566.35M | -425.13M | -305.62M | -307.50M | -261.70M | -178.90M | -163.50M | -134.00M | -149.20M | -161.50M | -128.80M | -95.70M | -57.90M | -14.10M | 2.40M | 2.00M | -6.60M | 10.30M |
Operating Expenses | 971.31M | 88.61M | -882.06M | -1.09B | -868.44M | -707.19M | -721.89M | -772.56M | -694.06M | -620.34M | -575.22M | -524.54M | -511.06M | -492.81M | -481.35M | -382.84M | -227.00M | -209.71M | -258.70M | -415.22M | -398.62M | -392.51M | -244.87M | -137.81M | -154.90M | -129.00M | -80.30M | -76.40M | -64.90M | -86.30M | -95.80M | -72.90M | -42.50M | -5.70M | 37.80M | 2.40M | 2.00M | -6.60M | 10.30M |
Interest Expense | 659.05M | 184.44M | 23.90M | 45.03M | 129.78M | 93.31M | 26.52M | 12.08M | 12.86M | 14.54M | 21.95M | 26.75M | 41.24M | 53.88M | 86.36M | 141.63M | 250.11M | 214.80M | 118.56M | 62.11M | 55.19M | 75.86M | 144.76M | 189.57M | 150.60M | 160.10M | 127.50M | 111.40M | 103.80M | 69.20M | 61.80M | 73.30M | 122.70M | 162.90M | 192.40M | - | - | - | - |
Selling & Marketing Expenses | 48.61M | 39.99M | 34.54M | 34.39M | 38.00M | 32.51M | 29.34M | 27.68M | 28.86M | 29.00M | 26.23M | 23.77M | - | - | - | - | - | - | - | 9.62M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost & Expenses | 971.31M | 88.61M | -882.06M | -1.09B | -868.44M | -707.19M | -721.89M | -772.56M | -694.06M | -620.34M | -575.22M | -524.54M | -511.06M | -492.81M | 577.72M | -382.84M | -227.00M | -209.71M | -258.70M | -415.22M | -398.62M | -392.51M | -244.87M | -137.81M | -154.90M | -129.00M | -80.30M | -76.40M | -64.90M | -86.30M | -95.80M | -72.90M | -42.50M | -5.70M | 37.80M | 2.40M | 2.00M | -6.60M | 10.30M |
Income Tax | 114.40M | 89.68M | 46.46M | 20.17M | 55.87M | 53.76M | 44.21M | 37.15M | 40.47M | 58.05M | 53.02M | 70.52M | 68.70M | 57.58M | 53.72M | 89.62M | 97.79M | 91.82M | 78.97M | 67.69M | 62.04M | 57.82M | 38.56M | 57.43M | 51.00M | 42.00M | 35.20M | 30.80M | 25.00M | 20.20M | -700.00K | 8.20M | 600.00K | 200.00K | 200.00K | -2.40M | -2.00M | 6.60M | -10.30M |
Shares Outstanding (Basic) | 65.63M | 64.16M | 63.61M | 62.73M | 62.74M | 63.70M | 63.69M | 62.38M | 62.76M | 62.07M | 60.35M | 61.30M | 61.10M | 60.41M | 59.46M | 58.85M | 58.91M | 55.47M | 52.52M | 51.58M | 51.38M | 51.09M | 51.54M | 52.07M | 53.33M | 53.24M | 52.90M | 52.86M | 45.39M | 44.92M | 44.20M | 42.28M | 38.00M | 37.27M | 38.57M | 34.29M | 33.33M | 31.43M | 31.21M |
Shares Outstanding (Diluted) | 64.40M | 64.52M | 64.10M | 63.00M | 63.44M | 64.69M | 64.66M | 62.97M | 63.47M | 62.97M | 61.12M | 61.64M | 61.28M | 60.59M | 59.51M | 59.17M | 59.74M | 56.61M | 53.88M | 53.13M | 52.62M | 52.63M | 53.43M | 53.60M | 54.83M | 54.78M | 54.48M | 54.22M | 45.62M | 44.92M | 44.20M | 42.28M | 38.00M | 37.27M | 38.57M | 34.29M | 33.33M | 31.43M | 31.21M |
EPS (Basic) | 8.91 | 8.84 | 6.79 | 5.11 | 6.88 | 7.14 | 5.56 | 4.73 | 4.31 | 4.32 | 3.82 | 3.87 | 3.55 | 3.44 | 3.00 | 3.51 | 3.60 | 3.49 | 3.15 | 2.74 | 2.54 | 2.29 | 1.57 | 2.09 | 1.83 | 1.42 | 1.38 | 1.19 | 1.02 | 0.83 | 1.95 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 | 0.33 |
EPS (Diluted) | 9.08 | 8.79 | 6.74 | 5.09 | 6.81 | 7.03 | 5.51 | 4.70 | 4.28 | 4.29 | 3.80 | 3.86 | 3.54 | 3.44 | 3.00 | 3.50 | 3.55 | 3.42 | 3.07 | 2.66 | 2.48 | 2.29 | 1.57 | 2.03 | 1.78 | 1.38 | 1.34 | 1.16 | 1.01 | 0.83 | 1.93 | 0.57 | 0.01 | -0.22 | 0.07 | 0.07 | 0.06 | -0.21 | 0.33 |
EBITDA | - | 740.17M | 558.83M | 415.69M | 553.56M | 558.85M | 456.18M | 389.59M | 361.94M | 375.89M | 329.35M | 346.25M | 323.86M | 303.93M | 298.50M | 354.25M | 369.14M | 339.12M | 293.73M | 252.06M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.40M | 2.00M | -6.60M | 10.30M |
Depreciation & Amortization | - | 91.17M | 88.61M | 83.59M | 69.77M | 38.62M | 38.00M | 38.43M | 3.33M | 3.52M | 3.14M | 3.90M | 4.39M | 5.13M | 6.54M | 33.57M | 31.36M | 25.17M | 26.34M | 25.86M | 27.75M | 31.49M | 38.33M | 35.51M | 37.40M | 29.10M | 13.90M | 25.30M | 21.00M | 5.60M | 11.20M | 8.80M | 7.50M | 8.20M | 7.00M | - | - | - | - |