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Cullen/Frost Bankers (CFR) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Cullen/Frost Bankers Revenue Highlights

Latest Revenue (Y)

$2.22B

Latest Revenue (Q)

$608.16M

Main Segment (Y)

Bank

Cullen/Frost Bankers Revenue by Period

Cullen/Frost Bankers Revenue by Year

DateRevenueChange
2023-12-31-906.31%
2022-12-31--83.93%
2021-12-31--4.85%
2020-12-31-5.38%
2019-12-31-4.49%
2018-12-31-8.84%
2017-12-31-6.82%
2016-12-31-5.70%
2015-12-31-5.79%
2014-12-31-9.07%
2013-12-31-3.33%
2012-12-31-2.51%
2011-12-31-3.11%
2010-12-31--39.96%
2009-12-31-71.44%
2008-12-31-4.37%
2007-12-31-10.85%
2006-12-31-14.20%
2005-12-31-11.70%
2004-12-31-5.18%
2003-12-31-2.79%
2002-12-31-1.11%
2001-12-31-3.14%
2000-12-31-8.70%
1999-12-31-11.65%
1998-12-31-32.69%
1997-12-31-12.02%
1996-12-31-14.00%
1995-12-31-12.62%
1994-12-31-4.46%
1993-12-31--

Cullen/Frost Bankers generated $2.22B in revenue during NA 2023, up 906.31% compared to the previous quarter, and up 169.40% compared to the same period a year ago.

Cullen/Frost Bankers Revenue by Quarter

DateRevenueChange
2024-09-30--13.86%
2024-06-30-40.80%
2024-03-31--0.09%
2023-12-31--10.55%
2023-09-30-14.80%
2023-06-30--3.23%
2023-03-31-0.19%
2022-12-31-971.77%
2022-09-30--40.86%
2022-06-30--77.31%
2022-03-31-0.20%
2021-12-31-3.08%
2021-09-30--2.61%
2021-06-30-4.28%
2021-03-31-0.16%
2020-12-31-2.01%
2020-09-30-1.12%
2020-06-30--29.30%
2020-03-31-32.07%
2019-12-31-1.20%
2019-09-30-1.83%
2019-06-30--2.09%
2019-03-31-2.06%
2018-12-31-2.13%
2018-09-30-2.17%
2018-06-30-0.36%
2018-03-31-2.29%
2017-12-31-4.38%
2017-09-30-1.68%
2017-06-30-1.25%
2017-03-31--0.96%
2016-12-31-6.66%
2016-09-30-3.02%
2016-06-30--6.07%
2016-03-31-6.15%
2015-12-31--0.39%
2015-09-30-3.27%
2015-06-30--0.81%
2015-03-31-0.87%
2014-12-31-1.08%
2014-09-30-4.04%
2014-06-30-4.61%
2014-03-31-0.03%
2013-12-31-3.66%
2013-09-30-1.62%
2013-06-30--2.13%
2013-03-31-0.13%
2012-12-31-3.41%
2012-09-30-1.69%
2012-06-30--1.22%
2012-03-31-1.70%
2011-12-31--2.94%
2011-09-30-4.39%
2011-06-30-0.48%
2011-03-31-1.06%
2010-12-31--0.47%
2010-09-30-0.48%
2010-06-30-1.36%
2010-03-31--7.10%
2009-12-31-10.55%
2009-09-30-0.50%
2009-06-30-1.49%
2009-03-31--3.75%
2008-12-31--2.25%
2008-09-30-5.02%
2008-06-30-0.90%
2008-03-31--

Cullen/Frost Bankers generated $608.16M in revenue during Q3 2024, up -13.86% compared to the previous quarter, and up 124.42% compared to the same period a year ago.

Cullen/Frost Bankers Revenue Breakdown

Cullen/Frost Bankers Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Frost Wealth Advisors-----
Bank-----
Non Banks-----
Banking-----

Cullen/Frost Bankers's latest annual revenue breakdown by segment (product or service), as of Dec 23: Bank (91.27%), Frost Wealth Advisors (9.39%), and Non Banks (-0.66%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Non Banks-------------
Frost Wealth Advisors-------------
Bank-------------

Cullen/Frost Bankers's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Bank (91.05%), Frost Wealth Advisors (9.70%), and Non Banks (-0.74%).

Cullen/Frost Bankers Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UMBFUMB Financial--
BOKFBOK Financial--
CFRCullen/Frost Bankers--
CBSHCommerce Bancshares--
GBCIGlacier Bancorp--
FFBCFirst Financial Ban--
IBTXIndependent Bank Group--
HTHHilltop--
CBUCommunity Bank System--
BANFBancFirst--
FBNCFirst Bancorp--
BFSTBusiness First Bancshares--
IBCPIndependent Bank--
EQBKEquity Bancshares--
FFINFirst Financial Bankshares--

CFR Revenue FAQ

What is Cullen/Frost Bankers’s yearly revenue?

Cullen/Frost Bankers's yearly revenue for 2023 was $2.22B, representing an increase of 906.31% compared to 2022. The company's yearly revenue for 2022 was $220.38M, representing a decrease of -83.93% compared to 2021. CFR's yearly revenue for 2021 was $1.37B, representing a decrease of -4.85% compared to 2020.

What is Cullen/Frost Bankers’s quarterly revenue?

Cullen/Frost Bankers's quarterly revenue for Q3 2024 was $608.16M, a -13.86% decrease from the previous quarter (Q2 2024), and a 8.38% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $706.02M, a 40.80% increase from the previous quarter (Q1 2024), and a 44.44% increase year-over-year (Q2 2023). CFR's quarterly revenue for Q1 2024 was $501.43M, a -0.09% decrease from the previous quarter (Q4 2023), and a -0.72% decrease year-over-year (Q1 2023).

What is Cullen/Frost Bankers’s revenue growth rate?

Cullen/Frost Bankers's revenue growth rate for the last 3 years (2021-2023) was 61.69%, and for the last 5 years (2019-2023) was 62.12%.

What are Cullen/Frost Bankers’s revenue streams?

Cullen/Frost Bankers's revenue streams in c 23 are Frost Wealth Advisors, Bank, and Non Banks. Frost Wealth Advisors generated $186.53M in revenue, accounting 9.39% of the company's total revenue, up 3.33% year-over-year. Bank generated $1.81B in revenue, accounting 91.27% of the company's total revenue, up 18.83% year-over-year. Non Banks generated $-13.08M in revenue, accounting -0.66% of the company's total revenue, up 21.55% year-over-year.

What is Cullen/Frost Bankers’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Cullen/Frost Bankers was Bank. This segment made a revenue of $1.81B, representing 91.27% of the company's total revenue.