CULLEN/FROST BANKERS, INC.CFREarnings & Financial Report
Frost Bank is an American bank based in San Antonio that is chartered in Texas, with 200 branches and 1,750 automated teller machines in the state. It is the primary subsidiary of Cullen/Frost Bankers, Inc., a bank holding company. It is one of the 60 largest banks of the country by total assets.
CFR Q4 FY2025 Key Financial Metrics
Revenue
$580.9M
Gross Profit
N/A
Operating Profit
$198.0M
Net Profit
$166.3M
Gross Margin
N/A
Operating Margin
34.1%
Net Margin
28.6%
YoY Growth
8.3%
EPS
$2.56
CULLEN/FROST BANKERS, INC. Q4 FY2025 Financial Summary
CULLEN/FROST BANKERS, INC. reported revenue of $580.9M (up 8.3% YoY) for Q4 FY2025, with a net profit of $166.3M (up 7.4% YoY) (28.6% margin).
Key Financial Metrics
| Total Revenue | $580.9M |
|---|---|
| Net Profit | $166.3M |
| Gross Margin | N/A |
| Operating Margin | 34.1% |
| Report Period | Q4 FY2025 |
CULLEN/FROST BANKERS, INC. Annual Revenue by Year
CULLEN/FROST BANKERS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.2B).
CULLEN/FROST BANKERS, INC. Quarterly Revenue & Net Profit History
CULLEN/FROST BANKERS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $580.9M | +8.3% | $166.3M | 28.6% |
| Q3 FY2025 | $567.3M | +9.5% | $174.4M | 30.7% |
| Q2 FY2025 | $546.9M | +7.7% | $157.0M | 28.7% |
| Q1 FY2025 | $540.2M | +7.7% | $150.9M | 27.9% |
| Q4 FY2024 | $536.3M | +6.9% | $154.9M | 28.9% |
| Q3 FY2024 | $518.0M | +5.4% | $146.5M | 28.3% |
| Q2 FY2024 | $507.9M | +3.9% | $145.5M | 28.6% |
| Q1 FY2024 | $501.4M | -0.7% | $135.7M | 27.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $501.4M | $507.9M | $518.0M | $536.3M | $540.2M | $546.9M | $567.3M | $580.9M |
| YoY Growth | -0.7% | 3.9% | 5.4% | 6.9% | 7.7% | 7.7% | 9.5% | 8.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $49.51B | $48.84B | $51.01B | $52.52B | $52.00B | $51.41B | $52.53B | $53.04B |
| Liabilities | $45.87B | $45.18B | $46.87B | $48.62B | $47.89B | $47.21B | $48.07B | $48.47B |
| Equity | $3.64B | $3.67B | $4.14B | $3.90B | $4.11B | $4.20B | $4.46B | $4.57B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $488.4M | $129.6M | $307.2M | $989.5M | $-296.1M | $140.8M | $248.6M | $274.0M |