Revenue
$576.01M
Fiscal year ended 2026-06-30Net income
$172.06M
Fiscal year ended 2026-06-30Total assets
$53.88B
Fiscal year ended 2026-06-30CULLEN/FROST BANKERS, INC. (CFR) reported revenue of $576.01M and net income of $172.06M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from CULLEN/FROST BANKERS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $576.01M | $574.84M | $32.36M | $567.26M | $546.88M | $540.23M | $27.91M | $518.04M | $507.90M | $501.43M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $172.06M | $170.99M | $166.25M | $174.38M | $157.00M | $150.92M | $154.85M | $146.50M | $145.50M | $135.69M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 62.45M | shares 63.10M | Unavailable | shares 64.12M | shares 64.35M | shares 64.33M | Unavailable | shares 64.09M | shares 64.33M | shares 64.37M |
| Pretax income | $204.54M | $202.41M | $197.98M | $208.01M | $186.62M | $179.10M | $184.01M | $175.24M | $175.15M | $161.56M |
| Income tax expense | $32.48M | $31.42M | $31.73M | $33.63M | $29.62M | $28.17M | $29.16M | $28.74M | $29.65M | $25.87M |
| Diluted EPS | $2.70 | $2.65 | Unavailable | $2.67 | $2.39 | $2.30 | Unavailable | $2.24 | $2.21 | $2.06 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total assets | $53.88B | $52.72B | $53.04B | $52.53B | $51.41B | $52.00B | $52.52B | $51.01B | $48.84B | $49.51B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $49.26B | $48.19B | $48.47B | $48.07B | $47.21B | $47.89B | $48.62B | $46.87B | $45.18B | $45.87B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $4.62B | $4.53B | $4.57B | $4.46B | $4.20B | $4.11B | $3.90B | $4.14B | $3.67B | $3.64B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.94M | $237.32M | $180.74M | $248.58M | $140.77M | -$296.11M | $64.30M | $307.22M | $129.58M | $488.43M |
| Capital expenditures | $60.08M | $38.60M | $42.52M | $36.92M | $26.26M | $40.95M | $37.65M | $25.33M | $26.62M | $38.18M |
| Investing cash flow | -$1.86B | -$1.33B | $550.30M | -$275.19M | -$57.57M | -$1.82B | -$294.41M | $179.12M | -$686.09M | $620.50M |
| Financing cash flow | $1.13B | -$637.24M | $202.78M | $850.75M | -$820.52M | -$266.10M | $1.27B | $1.57B | -$763.22M | -$1.33B |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Stock-based compensation | $5.40M | $5.18M | $11.57M | $4.27M | $4.83M | $4.08M | $9.74M | $1.76M | $4.52M | $3.74M |
| Common dividends paid | $64.78M | $64.01M | $64.06M | $64.70M | $64.93M | $61.66M | $61.50M | $61.33M | $59.81M | $59.80M |
| Common share repurchases | $90.90M | $72.30M | $85.37M | $69.78M | $76.00K | $2.60M | $8.63M | $20.05M | $30.15M | $2.07M |
| Depreciation & amortization | $22.43M | $22.22M | $21.82M | $22.24M | $21.84M | $21.89M | $21.40M | $20.72M | $20.46M | $20.24M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$7.14M | $198.72M | $138.22M | $211.66M | $114.51M | -$337.06M | $26.66M | $281.89M | $102.96M | $450.25M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | -1.2% | 34.6% | 427.1% | 37.3% | 20.9% | -62.4% | 95.5% | 54.4% | 20.3% | 89.8% |
| SBC / revenue | 0.9% | 0.9% | 35.8% | 0.8% | 0.9% | 0.8% | 34.9% | 0.3% | 0.9% | 0.7% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 5.3% | 6.4% | 15.9% | 9.5% | 7.7% | 7.7% | 13.8% | 5.4% | 3.9% | -0.7% |
| Net margin | 29.9% | 29.7% | 513.8% | 30.7% | 28.7% | 27.9% | 554.8% | 28.3% | 28.6% | 27.1% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 10.4% | 6.7% | 131.4% | 6.5% | 4.8% | 7.6% | 134.9% | 4.9% | 5.2% | 7.6% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 15.9% | 15.5% | 16.0% | 16.2% | 15.9% | 15.7% | 15.8% | 16.4% | 16.9% | 16.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CFR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-05View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.