CullenFrost Historical Income Statement

CFR Stock  USD 111.32  4.48  4.19%   
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.
 
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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.
  
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 tightly coupled 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

CullenFrost Bankers Income Statement is one of the three primary financial statements used for reporting CullenFrost's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CullenFrost Bankers revenue and expense. CullenFrost Bankers Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CullenFrost Bankers' Selling General Administrative is relatively stable compared to the past year. As of 03/28/2024, Total Revenue is likely to grow to about 2.3 B, though Total Operating Expenses is likely to grow to (1.4 B).

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 tightly coupled 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 03/28/2024, Total Revenue is likely to grow to about 2.3 B, though Total Operating Expenses is likely to grow to (1.4 B).
 2021 2022 2023 2024 (projected)
EBIT489.5M1.0B712.4M748.0M
Operating Income489.5M1.0B712.4M748.0M

CullenFrost Bankers income statement Correlations

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0.650.320.320.13-0.390.360.650.680.450.470.470.420.260.080.240.340.520.270.420.59
0.610.321.00.9-0.220.920.80.330.830.340.340.930.25-0.690.80.810.710.770.64-0.17
0.60.321.00.9-0.220.920.790.320.820.340.340.930.24-0.680.80.820.70.770.64-0.17
0.310.130.90.9-0.030.770.590.060.610.110.110.760.01-0.580.790.810.680.70.59-0.37
-0.64-0.39-0.22-0.22-0.03-0.54-0.46-0.66-0.7-0.98-0.98-0.55-0.880.49-0.58-0.35-0.25-0.44-0.53-0.63
0.730.360.920.920.77-0.540.780.50.950.640.640.990.57-0.810.90.870.690.830.740.03
0.80.650.80.790.59-0.460.780.60.830.560.560.840.44-0.510.660.530.710.650.650.2
0.860.680.330.320.06-0.660.50.60.680.70.70.540.62-0.250.370.280.550.540.620.57
0.840.450.830.820.61-0.70.950.830.680.770.770.960.69-0.770.870.730.660.810.770.24
0.730.470.340.340.11-0.980.640.560.70.771.00.650.88-0.520.610.440.330.50.580.61
0.730.470.340.340.11-0.980.640.560.70.771.00.650.88-0.520.610.440.330.50.580.61
0.770.420.930.930.76-0.550.990.840.540.960.650.650.57-0.790.890.840.710.830.750.06
0.70.260.250.240.01-0.880.570.440.620.690.880.880.57-0.680.570.370.340.550.60.45
-0.530.08-0.69-0.68-0.580.49-0.81-0.51-0.25-0.77-0.52-0.52-0.79-0.68-0.84-0.65-0.46-0.76-0.630.08
0.590.240.80.80.79-0.580.90.660.370.870.610.610.890.57-0.840.850.680.840.80.04
0.510.340.810.820.81-0.350.870.530.280.730.440.440.840.37-0.650.850.70.770.71-0.07
0.750.520.710.70.68-0.250.690.710.550.660.330.330.710.34-0.460.680.70.890.920.05
0.780.270.770.770.7-0.440.830.650.540.810.50.50.830.55-0.760.840.770.890.960.08
0.820.420.640.640.59-0.530.740.650.620.770.580.580.750.6-0.630.80.710.920.960.25
0.50.59-0.17-0.17-0.37-0.630.030.20.570.240.610.610.060.450.080.04-0.070.050.080.25
Click cells to compare fundamentals

CullenFrost Bankers Account Relationship Matchups

CullenFrost Bankers income statement Accounts

201920202021202220232024 (projected)
Interest Expense129.8M45.0M23.9M184.4M659.1M692.0M
Other Operating Expenses868.4M(1.1B)(882.1M)88.6M1.7B1.8B
Operating Income499.5M351.3M489.5M1.0B712.4M748.0M
Ebit499.5M351.3M489.5M1.0B712.4M748.0M
Ebitda500.6M352.2M490.2M1.0B712.4M363.1M
Total Operating Expenses(868.4M)(1.1B)(882.1M)88.6M(1.5B)(1.4B)
Net Income443.6M331.2M443.1M579.2M598.0M627.9M
Income Tax Expense55.9M20.2M46.5M89.7M114.4M120.1M
Depreciation And Amortization1.2M918K697K480K76.4M80.3M
Selling General Administrative471.4M473.5M489.8M596.3M788.2M827.6M
Total Revenue1.4B1.4B1.4B220.4M2.2B2.3B
Gross Profit1.4B1.4B1.4B220.4M2.2B2.3B
Income Before Tax499.5M351.3M489.5M668.8M712.4M748.0M
Total Other Income Expense Net499.5M351.3M489.5M(346.0M)712.4M748.0M
Net Income Applicable To Common Shares435.5M323.6M435.9M572.5M658.3M691.3M
Selling And Marketing Expenses38.0M34.4M34.5M40.0M48.6M34.1M
Net Income From Continuing Ops555.3M331.2M443.1M579.2M598.0M460.7M
Tax Provision55.9M20.2M46.5M89.7M124.9M62.7M
Net Interest Income1.0B976.0M984.9M1.3B1.6B1.1B
Interest Income1.1B976.0M984.9M1.3B2.2B1.2B
Reconciled Depreciation54.1M64.4M697K480K76.4M80.3M

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

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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 CorrelationCorrelation Matching
When determining whether CullenFrost Bankers is a strong investment it is important to analyze CullenFrost Bankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CullenFrost Bankers' future performance. For an informed investment choice regarding CullenFrost Stock, refer to the following important reports:
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 tightly coupled 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.
Note that the CullenFrost Bankers information on this page should be used as a complementary analysis to other CullenFrost Bankers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary 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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Is CullenFrost Bankers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CullenFrost Bankers. If investors know CullenFrost will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CullenFrost Bankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
3.58
Earnings Share
9.1
Revenue Per Share
30.232
Quarterly Revenue Growth
(0.03)
The market value of CullenFrost Bankers is measured differently than its book value, which is the value of CullenFrost that is recorded on the company's balance sheet. Investors also form their own opinion of CullenFrost Bankers' value that differs from its market value or its book value, called intrinsic value, which is CullenFrost Bankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CullenFrost Bankers' market value can be influenced by many factors that don't directly affect CullenFrost Bankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CullenFrost Bankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if CullenFrost Bankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CullenFrost Bankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.