CULLEN/FROST BANKERS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that CULLEN/FROST BANKERS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.24B | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $2.06B | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $1.99B | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $1.70B | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $1.37B | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $1.44B | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $1.37B | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $1.31B | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | $1.20B | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $1.13B | Feb 6, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $121.57M | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $106.23M | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $93.50M | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $91.89M | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $83.29M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $80.87M | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $88.98M | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $85.19M | Feb 5, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $648.56M | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $582.54M | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $597.97M | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $579.15M | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $443.08M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $331.15M | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $443.60M | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $454.92M | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | $364.15M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $304.26M | Feb 6, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $273.98M | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $989.53M | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $478.85M | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $722.58M | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $648.29M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $524.24M | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $634.09M | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $562.39M | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | $538.08M | Feb 4, 2020 |
| FY2011 | Dec 31, 2011 | $274.37M | Feb 3, 2012 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $146.65M | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $127.78M | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $158.63M | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $102.50M | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $65.85M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $95.42M | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $206.72M | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $79.27M | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | $34.09M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $53.65M | Feb 6, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $53.04B | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $52.52B | Feb 5, 2026 |
| FY2024 | Dec 31, 2023 | $50.85B | Feb 6, 2025 |
| FY2023 | Dec 31, 2022 | $52.89B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $50.88B | Feb 3, 2023 |
| FY2021 | Dec 31, 2020 | $42.39B | Feb 4, 2022 |
| FY2020 | Dec 31, 2019 | $34.03B | Feb 5, 2021 |
| FY2019 | Dec 31, 2018 | $32.29B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $31.75B | Feb 6, 2019 |
| FY2017 | Dec 31, 2016 | $30.20B | Feb 7, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $48.47B | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $48.62B | Feb 5, 2026 |
| FY2024 | Dec 31, 2023 | $47.13B | Feb 6, 2025 |
| FY2023 | Dec 31, 2022 | $49.76B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $46.44B | Feb 3, 2023 |
| FY2021 | Dec 31, 2020 | $38.10B | Feb 4, 2022 |
| FY2020 | Dec 31, 2019 | $30.12B | Feb 5, 2021 |
| FY2019 | Dec 31, 2018 | $28.92B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $28.45B | Feb 6, 2019 |
| FY2017 | Dec 31, 2016 | $27.19B | Feb 7, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.57B | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $3.90B | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $3.72B | Feb 5, 2026 |
| FY2025 | Dec 31, 2022 | $3.14B | Feb 5, 2026 |
| FY2024 | Dec 31, 2021 | $4.44B | Feb 6, 2025 |
| FY2023 | Dec 31, 2020 | $4.29B | Feb 6, 2024 |
| FY2022 | Dec 31, 2019 | $3.91B | Feb 3, 2023 |
| FY2021 | Dec 31, 2018 | $3.37B | Feb 4, 2022 |
| FY2020 | Dec 31, 2017 | $3.30B | Feb 5, 2021 |
| FY2019 | Dec 31, 2016 | $3.00B | Feb 4, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $654.95M | Feb 3, 2023 |
| FY2022 | Dec 31, 2021 | $654.95M | Feb 3, 2023 |
| FY2021 | Dec 31, 2020 | $654.95M | Feb 4, 2022 |
| FY2020 | Dec 31, 2019 | $654.95M | Feb 5, 2021 |
| FY2019 | Dec 31, 2018 | $654.95M | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $654.95M | Feb 6, 2019 |
| FY2017 | Dec 31, 2016 | $654.95M | Feb 7, 2018 |
| FY2016 | Dec 31, 2015 | $654.67M | Feb 3, 2017 |
| FY2015 | Dec 31, 2014 | $654.67M | Feb 4, 2016 |
| FY2014 | Dec 31, 2013 | $536.65M | Feb 5, 2015 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.31B | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $3.95B | Feb 5, 2026 |
| FY2024 | Dec 31, 2023 | $3.66B | Feb 6, 2025 |
| FY2023 | Dec 31, 2022 | $3.31B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $2.96B | Feb 3, 2023 |
| FY2021 | Dec 31, 2020 | $2.75B | Feb 4, 2022 |
| FY2020 | Dec 31, 2019 | $2.67B | Feb 5, 2021 |
| FY2019 | Dec 31, 2018 | $2.44B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $2.19B | Feb 6, 2019 |
| FY2017 | Dec 31, 2016 | $1.99B | Feb 7, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2014 | Dec 31, 2013 | $4.56B | Feb 5, 2015 |
| FY2014 | Dec 31, 2012 | $3.52B | Feb 5, 2015 |
| FY2014 | Dec 31, 2011 | $2.91B | Feb 5, 2015 |
| FY2013 | Dec 31, 2010 | $2.82B | Feb 6, 2014 |
| FY2012 | Dec 31, 2009 | $1.72B | Feb 8, 2013 |
| FY2011 | Dec 31, 2008 | $1.24B | Feb 3, 2012 |
| FY2010 | Dec 31, 2007 | $1.20B | Feb 3, 2011 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | 9 | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | 6 | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | 5 | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | 6 | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | 5 | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | 4 | Feb 6, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | 9 | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | 6 | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | 5 | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | 6 | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | 5 | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | 4 | Feb 6, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $255.36M | Feb 5, 2026 |
| FY2025 | Dec 31, 2024 | $242.45M | Feb 5, 2026 |
| FY2025 | Dec 31, 2023 | $232.32M | Feb 5, 2026 |
| FY2024 | Dec 31, 2022 | $209.78M | Feb 6, 2025 |
| FY2023 | Dec 31, 2021 | $188.79M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $180.58M | Feb 3, 2023 |
| FY2021 | Dec 31, 2019 | $177.01M | Feb 4, 2022 |
| FY2020 | Dec 31, 2018 | $165.45M | Feb 5, 2021 |
| FY2019 | Dec 31, 2017 | $144.17M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $134.90M | Feb 6, 2019 |