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CULLEN/FROST BANKERS, INC.（CFR）与ZIONS BANCORPORATION, NATIONAL ASSOCIATION（ZION）财务数据对比。点击上方公司名可切换其他公司
ZIONS BANCORPORATION, NATIONAL ASSOCIATION的季度营收约是CULLEN/FROST BANKERS, INC.的1.5倍（$891.0M vs $580.9M），ZIONS BANCORPORATION, NATIONAL ASSOCIATION净利率更高（29.5% vs 28.6%，领先0.9%），ZIONS BANCORPORATION, NATIONAL ASSOCIATION同比增速更快（8.7% vs 8.3%），ZIONS BANCORPORATION, NATIONAL ASSOCIATION自由现金流更多（$952.0M vs $127.3M），过去两年ZIONS BANCORPORATION, NATIONAL ASSOCIATION的营收复合增速更高（9.6% vs 7.6%）
Frost Bank是总部位于美国圣安东尼奥的德克萨斯州特许银行，为银行控股公司卡伦/弗罗斯特银行家集团的核心子公司。其在得克萨斯州共设有200家营业网点、1750台自动柜员机，按总资产规模统计位列全美前60大银行之列。
Zions Bancorporation是总部位于美国犹他州盐湖城的全国性银行，并非银行控股公司。旗下共运营七大银行品牌，包括Zions银行、德州Amegy银行、加州信托银行、亚利桑那国家银行、内华达州立银行、科罗拉多Vectra银行及华盛顿商业银行，业务覆盖美国多地。
CFR vs ZION — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $580.9M | $891.0M |
| 净利润 | $166.3M | $263.0M |
| 毛利率 | — | — |
| 营业利润率 | 34.1% | — |
| 净利率 | 28.6% | 29.5% |
| 营收同比 | 8.3% | 8.7% |
| 净利润同比 | 7.4% | 21.8% |
| 每股收益（稀释后） | $2.56 | $1.77 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $580.9M | $891.0M | ||
| Q3 25 | $567.3M | $861.0M | ||
| Q2 25 | $546.9M | $838.0M | ||
| Q1 25 | $540.2M | $795.0M | ||
| Q4 24 | $536.3M | $820.0M | ||
| Q3 24 | $518.0M | $792.0M | ||
| Q2 24 | $507.9M | $777.0M | ||
| Q1 24 | $501.4M | $742.0M |
| Q4 25 | $166.3M | $263.0M | ||
| Q3 25 | $174.4M | $222.0M | ||
| Q2 25 | $157.0M | $244.0M | ||
| Q1 25 | $150.9M | $170.0M | ||
| Q4 24 | $154.9M | $216.0M | ||
| Q3 24 | $146.5M | $214.0M | ||
| Q2 24 | $145.5M | $201.0M | ||
| Q1 24 | $135.7M | $153.0M |
| Q4 25 | 34.1% | — | ||
| Q3 25 | 36.7% | — | ||
| Q2 25 | 34.1% | — | ||
| Q1 25 | 33.2% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 34.5% | — | ||
| Q1 24 | 32.2% | — |
| Q4 25 | 28.6% | 29.5% | ||
| Q3 25 | 30.7% | 25.8% | ||
| Q2 25 | 28.7% | 29.1% | ||
| Q1 25 | 27.9% | 21.4% | ||
| Q4 24 | 28.9% | 26.3% | ||
| Q3 24 | 28.3% | 27.0% | ||
| Q2 24 | 28.6% | 25.9% | ||
| Q1 24 | 27.1% | 20.6% |
| Q4 25 | $2.56 | $1.77 | ||
| Q3 25 | $2.67 | $1.48 | ||
| Q2 25 | $2.39 | $1.63 | ||
| Q1 25 | $2.30 | $1.13 | ||
| Q4 24 | $2.36 | $1.34 | ||
| Q3 24 | $2.24 | $1.37 | ||
| Q2 24 | $2.21 | $1.28 | ||
| Q1 24 | $2.06 | $0.96 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | — |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $4.6B | $7.2B |
| 总资产 | $53.0B | $89.0B |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $970.0M | ||
| Q1 25 | — | $964.0M | ||
| Q4 24 | — | $950.0M | ||
| Q3 24 | — | $548.0M | ||
| Q2 24 | — | $546.0M | ||
| Q1 24 | — | $544.0M |
| Q4 25 | $4.6B | $7.2B | ||
| Q3 25 | $4.5B | $6.9B | ||
| Q2 25 | $4.2B | $6.6B | ||
| Q1 25 | $4.1B | $6.3B | ||
| Q4 24 | $3.9B | $6.1B | ||
| Q3 24 | $4.1B | $6.4B | ||
| Q2 24 | $3.7B | $6.0B | ||
| Q1 24 | $3.6B | $5.8B |
| Q4 25 | $53.0B | $89.0B | ||
| Q3 25 | $52.5B | $88.5B | ||
| Q2 25 | $51.4B | $88.9B | ||
| Q1 25 | $52.0B | $88.0B | ||
| Q4 24 | $52.5B | $88.8B | ||
| Q3 24 | $51.0B | $87.0B | ||
| Q2 24 | $48.8B | $87.6B | ||
| Q1 24 | $49.5B | $87.1B |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.09× | ||
| Q2 24 | — | 0.09× | ||
| Q1 24 | — | 0.09× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $274.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $127.3M | $952.0M |
| 自由现金流率自由现金流/营收 | 21.9% | 106.8% |
| 资本支出强度资本支出/营收 | 25.2% | 13.6% |
| 现金转化率经营现金流/净利润 | 1.65× | 4.08× |
| 过去12个月自由现金流最近4个季度 | $116.4M | $1.4B |
8季度趋势，按日历期对齐
| Q4 25 | $274.0M | $1.1B | ||
| Q3 25 | $248.6M | $438.0M | ||
| Q2 25 | $140.8M | $-62.0M | ||
| Q1 25 | $-296.1M | $179.0M | ||
| Q4 24 | $989.5M | $1.1B | ||
| Q3 24 | $307.2M | $119.0M | ||
| Q2 24 | $129.6M | $251.0M | ||
| Q1 24 | $488.4M | $261.0M |
| Q4 25 | $127.3M | $952.0M | ||
| Q3 25 | $211.7M | $413.0M | ||
| Q2 25 | $114.5M | $-93.0M | ||
| Q1 25 | $-337.1M | $152.0M | ||
| Q4 24 | $861.8M | $1.1B | ||
| Q3 24 | $281.9M | $97.0M | ||
| Q2 24 | $103.0M | $234.0M | ||
| Q1 24 | $450.3M | $231.0M |
| Q4 25 | 21.9% | 106.8% | ||
| Q3 25 | 37.3% | 48.0% | ||
| Q2 25 | 20.9% | -11.1% | ||
| Q1 25 | -62.4% | 19.1% | ||
| Q4 24 | 160.7% | 128.2% | ||
| Q3 24 | 54.4% | 12.2% | ||
| Q2 24 | 20.3% | 30.1% | ||
| Q1 24 | 89.8% | 31.1% |
| Q4 25 | 25.2% | 13.6% | ||
| Q3 25 | 6.5% | 2.9% | ||
| Q2 25 | 4.8% | 3.7% | ||
| Q1 25 | 7.6% | 3.4% | ||
| Q4 24 | 23.8% | 11.8% | ||
| Q3 24 | 4.9% | 2.8% | ||
| Q2 24 | 5.2% | 2.2% | ||
| Q1 24 | 7.6% | 4.0% |
| Q4 25 | 1.65× | 4.08× | ||
| Q3 25 | 1.43× | 1.97× | ||
| Q2 25 | 0.90× | -0.25× | ||
| Q1 25 | -1.96× | 1.05× | ||
| Q4 24 | 6.39× | 5.31× | ||
| Q3 24 | 2.10× | 0.56× | ||
| Q2 24 | 0.89× | 1.25× | ||
| Q1 24 | 3.60× | 1.71× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
