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.
![Cullen Frost Bankers logo](/files/LOGO/39263-CFR.png)
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)
10-Q
2024 Q2
Quarterly report
25 Jul 24
8-K
Cullen/frost Reports Second Quarter Results
25 Jul 24
8-K
Departure of Directors or Certain Officers
1 Jul 24
S-8
Registration of securities for employees
30 Apr 24
8-K
Departure of Directors or Certain Officers
25 Apr 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Cullen/frost Reports First Quarter Results
25 Apr 24
DEFA14A
Additional proxy soliciting materials
15 Apr 24
ARS
2023 FY
Annual report to shareholders
8 Mar 24
DEFA14A
Additional proxy soliciting materials
8 Mar 24
Transcripts
CFR
Earnings call transcript
2024 Q2
25 Jul 24
CFR
Earnings call transcript
2024 Q1
25 Apr 24
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 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
Latest ownership filings
144
Notice of proposed sale of securities
26 Jul 24
11-K
Annual report of employee stock purchases
26 Jun 24
4
PHILLIP D GREEN
30 May 24
144
Notice of proposed sale of securities
14 May 24
13F-HR
Quarterly holdings report by institutional manager
10 May 24
4
ANTHONY R CHASE
26 Apr 24
4
Howard Willome John
26 Apr 24
4
Linda B. Rutherford
26 Apr 24
4
Joseph A. Pierce
26 Apr 24
4
CHARLES W MATTHEWS
26 Apr 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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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 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
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) | 7.14 bn | 7.14 bn | 7.14 bn | 7.14 bn | 7.14 bn | 7.14 bn |
Cash burn (monthly) | 439.91 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 395.98 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 6.75 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 15.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
75.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 389 |
Opened positions | 322 |
Closed positions | 6 |
Increased positions | 27 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 5.27 tn |
Total shares | 48.56 mm |
Total puts | 288.20 k |
Total calls | 426.30 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.36 mm | $715.58 bn |
Aristotle Capital Management | 6.17 mm | $694.85 bn |
BLK Blackrock | 5.83 mm | $655.93 bn |
STT State Street | 3.56 mm | $400.63 bn |
Champlain Investment Partners | 3.19 mm | $359.38 bn |
FMR | 1.57 mm | $176.56 bn |
Neuberger Berman | 1.48 mm | $166.21 bn |
BAC Bank Of America | 1.15 mm | $128.95 bn |
JHG Janus Henderson | 1.02 mm | $114.99 bn |
Geode Capital Management | 1.01 mm | $113.61 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 24 | Phillip D Green | Common Stock, $0.01 par value | Gift | Acquire G | Yes | No | 0 | 3,448 | 0.00 | 38,865 |
30 May 24 | Phillip D Green | Common Stock, $0.01 par value | Gift | Dispose G | No | No | 0 | 15,179 | 0.00 | 87,264 |
29 May 24 | Phillip D Green | Common Stock, $0.01 par value | Gift | Acquire G | Yes | No | 0 | 5,817 | 0.00 | 35,417 |
29 May 24 | Phillip D Green | Common Stock, $0.01 par value | Gift | Dispose G | No | No | 0 | 9,381 | 0.00 | 102,443 |
24 Apr 24 | Chase Anthony R | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 727 | 0.00 | 3,640 |
24 Apr 24 | Howard Willome John | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 727 | 0.00 | 1,500 |
24 Apr 24 | Linda B. Rutherford | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 727 | 0.00 | 2,098 |
24 Apr 24 | Joseph A. Pierce | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 727 | 0.00 | 1,500 |
News
Stephens & Co. Maintains Equal-Weight on Cullen/Frost Bankers, Raises Price Target to $131
26 Jul 24
Wedbush Maintains Neutral on Cullen/Frost Bankers, Raises Price Target to $124
26 Jul 24
DA Davidson Maintains Buy on Cullen/Frost Bankers, Raises Price Target to $134
26 Jul 24
7 Analysts Have This To Say About Cullen/Frost Bankers
26 Jul 24
RBC Capital Maintains Sector Perform on Cullen/Frost Bankers, Raises Price Target to $120
26 Jul 24