Cullen/Frost Bankers, Inc. (CFR) financial statements (2022 and earlier)

Company profile

Business Address 111 W HOUSTON ST
SAN ANTONIO, TX 78205
State of Incorp. TX
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,54110,2883,4323,3214,9144,1393,541
Cash and cash equivalents16,54110,2883,4323,3214,8934,1233,525
Short-term investments    211717
Total current assets:16,54110,2883,4323,3214,9144,1393,541
Noncurrent Assets
Property, plant and equipment1,0501,0461,012552521526559
Intangible assets, net (including goodwill)656657657659660662663
Goodwill655655655655655655655
Intangible assets, net (excluding goodwill)1224579
Total noncurrent assets:1,7061,7021,6691,2111,1811,1881,223
Other undisclosed assets32,63130,40128,92627,76125,65324,86923,803
TOTAL ASSETS:50,87842,39134,02732,29331,74830,19628,567
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt2,7492,1061,7091,3691,125970891
Total current liabilities:2,7492,1061,7091,3691,125970891
Noncurrent Liabilities
Other undisclosed liabilities43,69035,99328,40727,55527,32626,22424,786
Total liabilities:46,43938,09830,11628,92428,45027,19425,677
Stockholders' equity
Stockholders' equity attributable to parent4,4404,2933,9123,3693,2983,0032,890
Preferred stock145145144144144144144
Common stock1111111
Treasury stock, value(21)(114)(152)(120)(67)(10)(111)
Additional paid in capital1,010997983967953907897
Accumulated other comprehensive income (loss)347513267(64)80(25)114
Retained earnings2,9572,7512,6682,4402,1871,9861,845
Total stockholders' equity:4,4404,2933,9123,3693,2983,0032,890
TOTAL LIABILITIES AND EQUITY:50,87842,39134,02732,29331,74830,19628,567

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,3721,4411,3681,3091,2031,1261,065
Net investment income1,0091,0211,1341,051893788749
Financial services revenue299309293
Cost of revenue(0)(241)(34)(22)(35)(52)(52)
Provision for loan, lease, and other losses(0)(241)(34)(22)
Financial services costs(35)(52)(52)
Gross profit:1,3721,2001,3341,2881,1671,0741,014
Operating expenses(182)(182)(644)(588)(560)(532)(516)
Other operating income, net
(Noninterest Income, Other Operating Income)
49484447374136
Operating income:1,2381,066733746645584533
Interest and debt expense(24)(45)(130)(93)(27)(12)(13)
Income from continuing operations before equity method investments, income taxes:1,2151,021604653618572520
Other undisclosed loss from continuing operations before income taxes(725)(670)(104)(144)(210)(230)(200)
Income from continuing operations before income taxes:490351499509408341320
Income tax expense(46)(20)(56)(54)(44)(37)(40)
Net income attributable to parent:443331444455364304279
Preferred stock dividends and other adjustments(7)(2)(8)(8)(8)(8)(8)
Other undisclosed net loss available to common stockholders, basic (6)     
Net income available to common stockholders, diluted:436324436447356296271

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:443331444455364304279
Other comprehensive income (loss)(166)246331(153)104(138)(28)
Comprehensive income, net of tax, attributable to parent:277577775302468166251

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: