CullenFrost Historical Income Statement

CFR Stock

USD 135.96 3.09 2.33%

Historical analysis of CullenFrost Bankers income statement accounts such as Other Operating Expenses of 1.8 B, Operating Income of 748 M or Ebit of 748 M can show how well CullenFrost Bankers performed in making a profits. Evaluating CullenFrost Bankers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CullenFrost Bankers's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

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Covid

Financial Statement Analysis is much more than just reviewing and examining CullenFrost Bankers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CullenFrost Bankers is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CullenFrost Bankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

To learn how to invest in CullenFrost Stock, please use our How to Invest in CullenFrost Bankers guide.

About CullenFrost Income Statement Analysis

CullenFrost Bankers Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CullenFrost Bankers shareholders. The income statement also shows CullenFrost investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CullenFrost Bankers Income Statement Chart

At this time, CullenFrost Bankers' Selling General Administrative is relatively stable compared to the past year. As of 12/24/2024, Total Revenue is likely to grow to about 2.1 B, though Total Operating Expenses is likely to grow to (1.4 B).

Operating Income Ebitda Net Income Selling General Administrative

Operating Income

Operating Income is the amount of profit realized from CullenFrost Bankers operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CullenFrost Bankers is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CullenFrost Bankers financial statement analysis. It represents the amount of money remaining after all of CullenFrost Bankers operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from CullenFrost Bankers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CullenFrost Bankers current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CullenFrost Bankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

To learn how to invest in CullenFrost Stock, please use our How to Invest in CullenFrost Bankers guide.At this time, CullenFrost Bankers' Selling General Administrative is relatively stable compared to the past year. As of 12/24/2024, Total Revenue is likely to grow to about 2.1 B, though Total Operating Expenses is likely to grow to (1.4 B).

	2021	2022	2023	2024 (projected)
EBIT	470.2M	649.0M	712.4M	748.0M
Operating Income	489.5M	1.0B	712.4M	748.0M

Ebit Operating Income

CullenFrost Bankers income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Cost Of Revenue	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Interest Expense		0.65	0.61	0.72	0.33	-0.64	0.73	0.8	0.52	0.84	0.66	0.73	0.77	0.88	-0.53	0.59	0.51	0.75	0.78	0.82	0.5
Other Operating Expenses	0.65		0.32	0.5	0.12	-0.39	0.36	0.65	-0.2	0.45	0.43	0.47	0.42	0.75	0.08	0.24	0.34	0.52	0.27	0.42	0.59
Operating Income	0.61	0.32		0.92	0.83	-0.22	0.92	0.8	0.56	0.83	0.31	0.34	0.93	0.41	-0.69	0.8	0.81	0.71	0.77	0.64	-0.17
Ebit	0.72	0.5	0.92		0.81	-0.52	0.96	0.85	0.44	0.91	0.62	0.64	0.97	0.6	-0.66	0.84	0.83	0.68	0.75	0.69	0.1
Ebitda	0.33	0.12	0.83	0.81		-0.27	0.81	0.58	0.43	0.67	0.34	0.33	0.79	0.22	-0.65	0.88	0.84	0.63	0.71	0.64	-0.26
Total Operating Expenses	-0.64	-0.39	-0.22	-0.52	-0.27		-0.54	-0.46	-0.35	-0.7	-0.99	-0.98	-0.55	-0.73	0.49	-0.58	-0.35	-0.25	-0.44	-0.53	-0.63
Net Income	0.73	0.36	0.92	0.96	0.81	-0.54		0.78	0.63	0.95	0.62	0.64	0.99	0.62	-0.81	0.9	0.87	0.69	0.83	0.74	0.03
Income Tax Expense	0.8	0.65	0.8	0.85	0.58	-0.46	0.78		0.37	0.83	0.51	0.56	0.84	0.69	-0.51	0.66	0.53	0.71	0.65	0.65	0.2
Depreciation And Amortization	0.52	-0.2	0.56	0.44	0.43	-0.35	0.63	0.37		0.67	0.33	0.36	0.61	0.25	-0.75	0.58	0.37	0.42	0.69	0.55	-0.17
Selling General Administrative	0.84	0.45	0.83	0.91	0.67	-0.7	0.95	0.83	0.67		0.74	0.77	0.96	0.73	-0.77	0.87	0.73	0.66	0.81	0.77	0.24
Total Revenue	0.66	0.43	0.31	0.62	0.34	-0.99	0.62	0.51	0.33	0.74		0.99	0.62	0.74	-0.52	0.61	0.43	0.27	0.45	0.53	0.59
Gross Profit	0.73	0.47	0.34	0.64	0.33	-0.98	0.64	0.56	0.36	0.77	0.99		0.65	0.79	-0.52	0.61	0.44	0.33	0.5	0.58	0.61
Income Before Tax	0.77	0.42	0.93	0.97	0.79	-0.55	0.99	0.84	0.61	0.96	0.62	0.65		0.65	-0.79	0.89	0.84	0.71	0.83	0.75	0.06
Total Other Income Expense Net	0.88	0.75	0.41	0.6	0.22	-0.73	0.62	0.69	0.25	0.73	0.74	0.79	0.65		-0.48	0.55	0.48	0.6	0.6	0.69	0.63
Cost Of Revenue	-0.53	0.08	-0.69	-0.66	-0.65	0.49	-0.81	-0.51	-0.75	-0.77	-0.52	-0.52	-0.79	-0.48		-0.84	-0.65	-0.46	-0.76	-0.63	0.08
Selling And Marketing Expenses	0.59	0.24	0.8	0.84	0.88	-0.58	0.9	0.66	0.58	0.87	0.61	0.61	0.89	0.55	-0.84		0.85	0.68	0.84	0.8	0.04
Net Income From Continuing Ops	0.51	0.34	0.81	0.83	0.84	-0.35	0.87	0.53	0.37	0.73	0.43	0.44	0.84	0.48	-0.65	0.85		0.7	0.77	0.71	-0.07
Tax Provision	0.75	0.52	0.71	0.68	0.63	-0.25	0.69	0.71	0.42	0.66	0.27	0.33	0.71	0.6	-0.46	0.68	0.7		0.89	0.92	0.05
Net Interest Income	0.78	0.27	0.77	0.75	0.71	-0.44	0.83	0.65	0.69	0.81	0.45	0.5	0.83	0.6	-0.76	0.84	0.77	0.89		0.96	0.08
Interest Income	0.82	0.42	0.64	0.69	0.64	-0.53	0.74	0.65	0.55	0.77	0.53	0.58	0.75	0.69	-0.63	0.8	0.71	0.92	0.96		0.25
Reconciled Depreciation	0.5	0.59	-0.17	0.1	-0.26	-0.63	0.03	0.2	-0.17	0.24	0.59	0.61	0.06	0.63	0.08	0.04	-0.07	0.05	0.08	0.25

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CullenFrost Bankers Account Relationship Matchups

CullenFrost Bankers income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	129.8M	45.0M	23.9M	184.4M	659.1M	692.0M
Other Operating Expenses	868.4M	(1.1B)	(882.1M)	88.6M	1.7B	1.8B
Operating Income	499.5M	351.3M	489.5M	1.0B	712.4M	748.0M
Ebit	499.5M	332.1M	470.2M	649.0M	712.4M	748.0M
Ebitda	500.6M	415.7M	558.8M	740.2M	712.4M	359.1M
Total Operating Expenses	(868.4M)	(1.1B)	(882.1M)	88.6M	(1.5B)	(1.4B)
Net Income	443.6M	331.2M	443.1M	579.2M	598.0M	627.9M
Income Tax Expense	55.9M	20.2M	46.5M	89.7M	114.4M	120.1M
Depreciation And Amortization	1.2M	83.6M	88.6M	91.2M	76.4M	80.3M
Selling General Administrative	471.4M	473.5M	489.8M	596.3M	788.2M	827.6M
Total Revenue	1.4B	1.4B	1.4B	220.4M	2.0B	2.1B
Gross Profit	1.4B	1.4B	1.4B	220.4M	2.2B	2.3B
Income Before Tax	499.5M	351.3M	489.5M	668.8M	712.4M	748.0M
Total Other Income Expense Net	499.5M	(143.3M)	(149.8M)	(170.3M)	712.4M	748.0M
Net Income Applicable To Common Shares	435.5M	323.6M	435.9M	572.5M	658.3M	691.3M
Selling And Marketing Expenses	38.0M	34.4M	34.5M	40.0M	48.6M	34.1M
Net Income From Continuing Ops	555.3M	331.2M	443.1M	579.2M	598.0M	460.7M
Tax Provision	55.9M	20.2M	46.5M	89.7M	124.9M	62.7M
Net Interest Income	1.0B	976.0M	984.9M	1.3B	1.6B	1.1B
Interest Income	1.1B	976.0M	984.9M	1.3B	2.2B	1.2B
Reconciled Depreciation	54.1M	64.4M	697K	480K	76.4M	80.3M

Pair Trading with CullenFrost Bankers

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CullenFrost Bankers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CullenFrost Bankers will appreciate offsetting losses from the drop in the long position's value.

Moving together with CullenFrost Stock

0.94	AX	Axos Financial	Pair Corr
0.93	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.93	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against CullenFrost Stock

0.82	CFG-PE	Citizens Financial	Pair Corr
0.72	TFC-PR	Truist Financial	Pair Corr
0.67	TFC-PO	Truist Financial	Pair Corr
0.48	WF	Woori Financial Group	Pair Corr
0.31	KEY-PI	KeyCorp	Pair Corr

The ability to find closely correlated positions to CullenFrost Bankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CullenFrost Bankers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CullenFrost Bankers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CullenFrost Bankers to buy it.

The correlation of CullenFrost Bankers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CullenFrost Bankers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CullenFrost Bankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CullenFrost Bankers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for CullenFrost Stock Analysis

When running CullenFrost Bankers' price analysis, check to measure CullenFrost Bankers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CullenFrost Bankers is operating at the current time. Most of CullenFrost Bankers' value examination focuses on studying past and present price action to predict the probability of CullenFrost Bankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CullenFrost Bankers' price. Additionally, you may evaluate how the addition of CullenFrost Bankers to your portfolios can decrease your overall portfolio volatility.

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CullenFrost Historical Income Statement

About CullenFrost Income Statement Analysis

CullenFrost Bankers Income Statement Chart

Operating Income

Net Income

CullenFrost Bankers income statement Correlations

CullenFrost Bankers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CullenFrost Bankers income statement Accounts

Pair Trading with CullenFrost Bankers

Moving together with CullenFrost Stock

Moving against CullenFrost Stock

Additional Tools for CullenFrost Stock Analysis

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Income Before Tax	+ 0.99	Net Income
Gross Profit	+ 0.99	Total Revenue
Income Before Tax	+ 0.97	Ebit
Net Income	+ 0.96	Ebit
Income Before Tax	+ 0.96	Selling General Administrative
Interest Income	+ 0.96	Net Interest Income

Total Revenue	- 0.99	Total Operating Expenses
Gross Profit	- 0.98	Total Operating Expenses
Selling And Marketing Expenses	- 0.84	Cost Of Revenue
Cost Of Revenue	- 0.81	Net Income
Cost Of Revenue	- 0.79	Income Before Tax
Cost Of Revenue	- 0.77	Selling General Administrative