frost has been delivering a unique combination of products, service and expertise to the bi-state region for nearly a century. we are a supplier of electrical, lighting, voice & data, industrial & automation, tools, safety & accessories, fastening, hanging & anchoring systems and other job site supplies.
Company profile
Ticker
CFR, CFR-PB
Exchange
Website
CEO
Phillip Green
Employees
Incorporated
Location
Fiscal year end
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
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
8 Mar 24
DEFA14A
Additional proxy soliciting materials
8 Mar 24
DEF 14A
Definitive proxy
8 Mar 24
8-K
Regulation FD Disclosure
23 Feb 24
10-K
2023 FY
Annual report
6 Feb 24
8-K
Cullen/frost Bankers Announces Election
26 Jan 24
8-K
Cullen/frost Reports Fourth Quarter and 2023 Annual Results
25 Jan 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
Cullen/frost Reports Third Quarter Results
26 Oct 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
Transcripts
CFR
Earnings call transcript
2023 Q4
25 Jan 24
CFR
Earnings call transcript
2023 Q3
26 Oct 23
CFR
Earnings call transcript
2023 Q2
27 Jul 23
CFR
Earnings call transcript
2023 Q1
27 Apr 23
CFR
Earnings call transcript
2022 Q4
26 Jan 23
CFR
Earnings call transcript
2022 Q3
27 Oct 22
CFR
Earnings call transcript
2022 Q2
28 Jul 22
CFR
Earnings call transcript
2022 Q1
28 Apr 22
CFR
Earnings call transcript
2023 Q1
27 Apr 22
CFR
Earnings call transcript
2021 Q4
27 Jan 22
Latest ownership filings
11-K
Annual report of employee stock purchases
25 Mar 24
4
Bobby Berman
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
PHILLIP D GREEN
13 Mar 24
4
Bobby Berman
7 Mar 24
4
Carol Jean Severyn
7 Mar 24
4
Jimmy Stead
7 Mar 24
4
Candace K Wolfshohl
7 Mar 24
4
Annette M Alonzo
7 Mar 24
4
Jerry Salinas
7 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 7.62 bn | 7.62 bn | 7.62 bn | 7.62 bn | 7.62 bn | 7.62 bn |
Cash burn (monthly) | (no burn) | 501.22 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 2.99 bn | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 4.63 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 9.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
79.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 372 |
Opened positions | 47 |
Closed positions | 36 |
Increased positions | 115 |
Reduced positions | 142 |
13F shares | Current |
---|---|
Total value | 4.57 tn |
Total shares | 50.83 mm |
Total puts | 151.70 k |
Total calls | 192.80 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Aristotle Capital Management | 6.59 mm | $601.53 bn |
Vanguard | 6.39 mm | $583.11 bn |
BLK Blackrock | 5.70 mm | $519.96 bn |
STT State Street | 3.75 mm | $341.65 bn |
Champlain Investment Partners | 2.15 mm | $196.50 bn |
King Luther Capital Management | 2.04 mm | $186.13 bn |
Neuberger Berman | 1.56 mm | $142.50 bn |
FMR | 1.48 mm | $134.66 bn |
BAC Bank Of America | 975.89 k | $89.01 bn |
Geode Capital Management | 958.18 k | $87.41 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Bobby Berman | Common Stock, $0.01 par value | Sell | Dispose S | No | No | 105.49 | 1,312 | 138.40 k | 27,815 |
12 Mar 24 | Phillip D Green | Common Stock, $0.01 par value | Gift | Dispose G | No | No | 0 | 3,281 | 0.00 | 111,824 |
5 Mar 24 | Patrick B Frost | Common Stock, $0.01 par value | Sale back to company | Dispose D | No | No | 114.03 | 1,192 | 135.92 k | 254,645 |
5 Mar 24 | Patrick B Frost | Common Stock, $0.01 par value | Grant | Acquire A | No | No | 0 | 3,109 | 0.00 | 255,837 |
5 Mar 24 | Phillip D Green | Common Stock, $0.01 par value | Sale back to company | Dispose D | No | No | 114.03 | 7,646 | 871.87 k | 115,105 |
5 Mar 24 | Phillip D Green | Common Stock, $0.01 par value | Grant | Acquire A | No | No | 0 | 19,433 | 0.00 | 122,751 |
5 Mar 24 | Jerry Salinas | Common Stock, $0.01 par value | Sale back to company | Dispose D | No | No | 114.03 | 1,648 | 187.92 k | 36,013 |
5 Mar 24 | Jerry Salinas | Common Stock, $0.01 par value | Grant | Acquire A | No | No | 0 | 4,189 | 0.00 | 37,661 |
News
Cullen/Frost Bankers Stock: A Deep Dive Into Analyst Perspectives (9 Ratings)
28 Mar 24
DA Davidson Maintains Buy on Cullen/Frost Bankers, Maintains $126 Price Target
28 Mar 24
Evercore ISI Group Maintains Underperform on Cullen/Frost Bankers, Raises Price Target to $113
28 Mar 24
Morgan Stanley Maintains Equal-Weight on Cullen/Frost Bankers, Raises Price Target to $115
7 Feb 24
Stephens & Co. Maintains Equal-Weight on Cullen/Frost Bankers, Raises Price Target to $117
26 Jan 24
Press releases
FROST BANK AGAIN RECEIVES HIGHEST NUMBER OF GREENWICH EXCELLENCE AND BEST BRAND AWARDS
21 Feb 24
CULLEN/FROST BANKERS ANNOUNCES ADDITION OF HOPE ANDRADE TO BOARD OF DIRECTORS
26 Jan 24
CULLEN/FROST REPORTS FOURTH QUARTER AND 2023 ANNUAL RESULTS
25 Jan 24
Cullen/Frost Bankers, Inc. Hosts Fourth Quarter 2023 Earnings Conference Call
9 Jan 24