Cullen/Frost Bankers, Inc. is a financial holding company, headquartered in San Antonio, with $40.1 billion in assets at September 30, 2020. Frost provides a wide range of banking, investments and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped clients with their financial needs during three centuries.

Company profile
Ticker
CFR, CFR-PB
Exchange
Website
CEO
Phillip Green
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CULLEN FROST BANKERS INC
SEC CIK
Corporate docs
Subsidiaries
Main Plaza Corporation • Frost Insurance Agency, Inc. • Frost Brokerage Services, Inc. • Frost Investment Advisors, LLC • Frost Investment Services, LLC • Tri-Frost Corporation • Carton Service Corporation ...
IRS number
741751768
CFR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
10 Mar 23
DEFA14A
Additional proxy soliciting materials
10 Mar 23
DEF 14A
Definitive proxy
10 Mar 23
10-K
2022 FY
Annual report
3 Feb 23
8-K
CULLEN/FROST REPORTS 4th QUARTER AND 2022 ANNUAL RESULTS
26 Jan 23
8-K
Cullen/frost Bankers Announces Election
25 Jan 23
8-K
Departure of Directors or Certain Officers
28 Oct 22
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
Cullen/frost Reports Third Quarter Results
27 Oct 22
8-K
Cullen/frost Bankers Announces Election
26 Oct 22
Transcripts
CFR
Earnings call transcript
2022 Q4
26 Jan 23
CFR
Earnings call transcript
2022 Q2
28 Jul 22
CFR
Earnings call transcript
2022 Q1
28 Apr 22
CFR
Earnings call transcript
2021 Q4
27 Jan 22
CFR
Earnings call transcript
2021 Q3
28 Oct 21
CFR
Earnings call transcript
2021 Q2
30 Jul 21
CFR
Earnings call transcript
2021 Q1
29 Apr 21
CFR
Earnings call transcript
2020 Q4
29 Jan 21
CFR
Earnings call transcript
2020 Q3
30 Oct 20
CFR
Earnings call transcript
2020 Q2
31 Jul 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 12.03 bn | 12.03 bn | 12.03 bn | 12.03 bn | 12.03 bn | 12.03 bn |
Cash burn (monthly) | 534.86 mm | 379.57 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.51 bn | 1.07 bn | n/a | n/a | n/a | n/a |
Cash remaining | 10.52 bn | 10.96 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 19.7 | 28.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
81.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 439 |
Opened positions | 82 |
Closed positions | 43 |
Increased positions | 179 |
Reduced positions | 105 |
13F shares | Current |
---|---|
Total value | 6.87 tn |
Total shares | 52.41 mm |
Total puts | 151.70 k |
Total calls | 128.50 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
Aristotle Capital Management | 6.90 mm | $921.87 bn |
Vanguard | 6.39 mm | $855.00 bn |
BLK Blackrock | 5.72 mm | $764.93 bn |
STT State Street | 3.88 mm | $519.37 bn |
King Luther Capital Management | 2.15 mm | $287.78 bn |
Neuberger Berman | 1.66 mm | $221.80 bn |
Capital Research Global Investors | 1.58 mm | $211.24 bn |
FMR | 1.45 mm | $193.90 bn |
JHG Janus Henderson | 1.25 mm | $167.24 bn |
BAC Bank Of America | 939.82 k | $125.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 23 | Candace K Wolfshohl | Common Stock, $0.01 par value | Buy | Acquire P | No | No | 108.2799 | 700 | 75.80 k | 16,291 |
13 Mar 23 | Phillip D Green | Common Stock, $0.01 par value | Buy | Acquire P | No | No | 106.5918 | 9,500 | 1.01 mm | 114,729 |
13 Mar 23 | Chris Avery | Common Stock, $0.01 par value | Buy | Acquire P | Yes | No | 108.085 | 5,000 | 540.43 k | 13,000 |
13 Mar 23 | Howard Willome John | Common Stock, $0.01 par value | Buy | Acquire P | Yes | No | 108.3 | 1,000 | 108.30 k | 7,000 |
13 Mar 23 | Howard Willome John | Common Stock, $0.01 par value | Buy | Acquire P | Yes | No | 105.7 | 1,000 | 105.70 k | 6,000 |
13 Mar 23 | Carol Jean Severyn | Common Stock, $0.01 par value | Buy | Acquire P | No | No | 107.3 | 1,500 | 160.95 k | 5,371 |
News
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
Analyst Expectations for Cullen/Frost Bankers's Future
23 Mar 23
Stocks That Hit 52-Week Lows On Thursday
23 Mar 23
Truist Securities Maintains Hold on Cullen/Frost Bankers, Lowers Price Target to $114
23 Mar 23
Amid Collapse, Insiders Snapped Up A Few Regional Bank Stocks At A Dizzying Pace
21 Mar 23