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Ticker
CFR

Price
107.73
Stock movement up
+0.86 (0.80%)
Company name
Cullen/Frost Bankers Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
6.91B
Ent value
44.59B
Price/Sales
2.98
Price/Book
1.67
Div yield
3.53%
Div growth
6.77%
Growth years
27
FCF payout
34.93%
Trailing P/E
13.03
Forward P/E
12.60
PEG
1.30
EPS growth
5.79%
1 year return
-1.89%
3 year return
-8.06%
5 year return
11.64%
10 year return
4.57%
Last updated: 2025-04-11
Cullen/Frost has clocked in a good return since my last piece, outperforming the wider regional bank space. Read why I downgrade CFR stock from buy to hold.
February 5, 2025

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share3.80
Dividend yield3.53%
Payout frequencyQuarterly
Maximum yield4.99%
Average yield3.07%
Minimum yield2.06%
Discount to avg yield12.88%
Upside potential14.78%
Yield as % of max yield70.63%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.53%
Current yield distribution24.13%
Yield at 100% (Min)2.06%
Yield at 90%2.32%
Yield at 80%2.48%
Yield at 50% (Median)3.01%
Yield at 20%3.62%
Yield at 10%3.96%
Yield at 0% (Max)4.99%

Dividend per share

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Dividend per share data
Years of growth27 years
CCC statusDividend Champion
Dividend per share3.80
Payout frequencyQuarterly
Ex-div date28 Feb 2025
EPS (TTM)8.27
EPS (1y forward)8.55
EPS growth (5y)5.79%
EPS growth (5y forward)10.02%

Dividend growth

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Dividend growth data
CFRS&P500
DGR MR3.26%-13.74%
DGR TTM3.86%6.60%
DGR 3 years7.90%5.24%
DGR 5 years6.77%5.40%
DGR 10 years6.10%7.07%
DGR 15 years5.26%6.12%
Time since last change announced264 days
EPS growth (5y)5.79%
EPS growth (5y forward)10.02%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM46.66%34.93%
Average--
Forward44.43%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E13.03
Price to OCF8.24
Price to FCF9.76
Price to EBITDA9.83
EV to EBITDA63.45

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.98
Price to Book1.67
EV to Sales19.24

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FINANCIALS

Per share

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Per share data
Current share count64.13M
EPS (TTM)8.27
FCF per share (TTM)11.05

Income statement

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Income statement data
Revenue (TTM)2.32B
Gross profit (TTM)2.49B
Operating income (TTM)641.04M
Net income (TTM)530.24M
EPS (TTM)8.27
EPS (1y forward)8.55

Margins

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Margins data
Gross margin (TTM)107.44%
Operating margin (TTM)27.66%
Profit margin (TTM)22.88%

Balance Sheet

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Balance Sheet data
Cash9.19B
Net receivables0.00
Total current assets16.07B
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets51.01B
Accounts payable0.00
Short/Current long term debt222.78M
Total current liabilities29.55B
Total liabilities46.87B
Shareholder's equity4.14B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)838.85M
Capital expenditures (TTM)130.70M
Free cash flow (TTM)708.15M
Dividends paid (TTM)247.39M

Financial returns

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Financial returns data
Return on Equity12.82%
Return on Assets1.04%
Return on Invested Capital6.32%
Cash Return on Invested Capital8.44%

iO Charts is a Seeking Alpha partner

Cullen/Frost Bankers gets its prior hold rating reaffirmed, as its overvaluation overshadows its growth indicators, in a state known for recent growth. Read more here.
November 21, 2024

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

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Stock price data
Open105.80
Daily high109.59
Daily low104.38
Daily Volume466K
All-time high158.60
1y analyst estimate132.92
Beta0.97
EPS (TTM)8.27
Dividend per share3.80
Ex-div date28 Feb 2025
Next earnings date23 Apr 2025

Downside potential

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Downside potential data
CFRS&P500
Current price drop from All-time high-32.07%-12.89%
Highest price drop-59.24%-56.47%
Date of highest drop23 Mar 20209 Mar 2009
Avg drop from high-13.60%-11.07%
Avg time to new high24 days12 days
Max time to new high1169 days1805 days

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COMPANY DETAILS
CFR (Cullen/Frost Bankers Inc) company logo
Marketcap
6.91B
Marketcap category
Mid-cap
Description
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.
Employees
5495
SEC filings
CEO
Phillip Green
Country
USA
City
San Antonio
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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