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Cullen/Frost Bankers, Inc.
CFR · NYSEFinancials
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Company details
Market cap
$9.5B
P/E ratio
15×
Div yield
2.7%
EPS (TTM)
$10.27
Net income
$576M
Rev. growth
+7%
Total assets
$52.5B
Total deposits
$42B
In plain English
Cullen/Frost is the holding company for Frost Bank — a ~$52B-asset Texas-only bank founded in San Antonio in 1868. It funds itself with an unusually cheap, sticky base of business and consumer deposits, lends that money to Texas companies and households, and earns fee income from trust, wealth and insurance. Conservative underwriting and a big securities book have let it raise its dividend for 33 straight years.
In simple terms
What Cullen/Frost Bankers, Inc. really sells
Cullen/Frost is the holding company for Frost Bank — a ~$52B-asset Texas-only bank founded in San Antonio in 1868. It funds itself with an unusually cheap, sticky base of business and consumer deposits, lends that money to Texas companies and households, and earns fee income from trust, wealth and insurance. Conservative underwriting and a big securities book have let it raise its dividend for 33 straight years.
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Risk read
Moderate
SteadierMore speculative
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