Cullen/Frost Bankers (CFR)
Texas-focused provider of relationship banking, treasury services, insurance, and wealth management.
$156.15
After hours+0.08 (+0.05%)
At close$156.07(−1.68%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 667 | 693 | 697 | 707 | 722 | 724 | 709 | 719 | 746 | 746 | 575 | 577 |
| Cost of revenue | 187 | 207 | 209 | 215 | 223 | 203 | 182 | 185 | 185 | 176 | 7 | 7 |
| Gross profit | 480 | 486 | 488 | 492 | 499 | 520 | 527 | 534 | 560 | 570 | 568 | 570 |
| 293 | 365 | 326 | 317 | 323 | 336 | 348 | 347 | 352 | 372 | 366 | 366 | |
| 170 | 281 | 199 | 188 | 193 | 252 | 210 | 202 | 210 | 264 | 287 | 287 | |
| Selling & marketing | 0 | 49 | 0 | 0 | 0 | 51 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 170 | 233 | 199 | 188 | 193 | 201 | 210 | 202 | 210 | 264 | 287 | 287 |
| Other expenses | 123 | 84 | 128 | 129 | 130 | 84 | 138 | 146 | 143 | 108 | 78 | 78 |
| Operating income | 187 | 121 | 162 | 175 | 175 | 184 | 179 | 187 | 208 | 198 | 202 | 205 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 561 | 579 | 586 | 596 | 608 | 601 | 585 | 602 | 620 | 614 | 578 | 578 |
| Interest expense | 176 | 191 | 195 | 200 | 204 | 187 | 169 | 172 | 178 | 165 | 139 | 139 |
| Income before tax | 187 | 121 | 162 | 175 | 175 | 184 | 179 | 187 | 208 | 198 | 202 | 205 |
| Income tax expense | 31 | 18 | 26 | 30 | 29 | 29 | 28 | 30 | 34 | 32 | 31 | 32 |
| Net income from continuing operations | 156 | 103 | 136 | 145 | 147 | 155 | 151 | 157 | 174 | 166 | 171 | 172 |
| Net income | 156 | 103 | 136 | 145 | 147 | 155 | 151 | 157 | 174 | 166 | 171 | 172 |
| EPS, basic | $2.38 | $1.55 | $2.06 | $2.21 | $2.24 | $2.37 | $2.30 | $2.39 | $2.67 | $2.59 | $2.65 | $2.70 |
| EPS, diluted | $2.37 | $1.55 | $2.06 | $2.21 | $2.24 | $2.36 | $2.30 | $2.39 | $2.67 | $2.56 | $2.65 | $2.70 |
| Weighted average shares, basic | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 63 |
| Weighted average shares, diluted | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 63 |
| EBITDA | 206 | 141 | 182 | 196 | 196 | 205 | 201 | 208 | 230 | 220 | 225 | 227 |
| Depreciation & amortization | 19 | 20 | 20 | 20 | 21 | 21 | 22 | 22 | 22 | 22 | 22 | 22 |
| EBIT | 187 | 121 | 162 | 175 | 175 | 184 | 179 | 187 | 208 | 198 | 202 | 205 |
