Cullen/Frost Bankers, Inc.CFR
What Cullen/Frost Bankers, Inc. does.
The disclosures set forth in this item are qualified by Item 1A. Risk Factors and the section captioned “Forward-Looking Statements and Factors that Could Affect Future Results” in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations of this report and other cautionary statements set forth elsewhere in this report.
Cullen/Frost Bankers, Inc., a Texas business corporation incorporated in 1977, is a financial holding company and a bank holding company headquartered in San Antonio, Texas that provides, through its subsidiaries, a broad array of products and services throughout numerous Texas markets. The terms “Cullen/Frost,” “the Corporation,” “we,” “us” and “our” mean Cullen/Frost Bankers, Inc. and its subsidiaries, when appropriate. We offer commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. At December 31, 2025, Cullen/Frost had consolidated total assets of $53.0 billion and was one of the largest independent bank holding companies headquartered in the State of Texas.
Our philosophy is to grow and prosper, building long-term relationships based on top quality service, high ethical standards, and safe, sound assets. We operate as a locally-oriented, community-based financial services organization, augmented by experienced, centralized support in select critical areas. Our local market orientation is reflected in our regional management and regional advisory boards, which are comprised of local business persons, professionals and other community representatives that assist our regional management in responding to local banking needs. Despite this local market, community-based focus, we offer many of the products available at much larger money-center financial institutions.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.7B | $2.0B | $2.1B | $2.2B |
| Net income | $331.2M | $443.1M | $579.1M | $598.0M | $582.5M | $648.6M |
| Free cash flow | $428.8M | $582.4M | $620.1M | $320.2M | $861.8M | $127.3M |
More on CFR.
- Cullen/Frost Bankers, Inc. summary
- Cullen/Frost Bankers, Inc. financial statements
- Cullen/Frost Bankers, Inc. key metrics
- Cullen/Frost Bankers, Inc. health scores and style box
- Cullen/Frost Bankers, Inc. earnings
- Cullen/Frost Bankers, Inc. dividends
- Cullen/Frost Bankers, Inc. valuation
- Cullen/Frost Bankers, Inc. ownership and insiders
- Cullen/Frost Bankers, Inc. peers
Figures from Cullen/Frost Bankers, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.