Cullen/Frost Bankers, Inc. (CFR.PB) stock
CFR.PBNYSENational Commercial BanksFiscal year ends December 31Also trades as CFR
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 10/3027% above fair value
$15.26−0.20 (-1.29%)
Close on Oct 30, 2026Market cap $9.79BP/E 14.6Yield 2.51%
Cullen/Frost Bankers operating cash flow
Operating cash flow is the cash the business generates from its day-to-day operations.
Cullen/Frost Bankers's operating cash flow for the twelve months ending Sep 30, 2026 was $763.65M, up 384.7% year over year. For fiscal 2025 it was $273.98M, down 72.3% from the year before. Over ten years it grew -3.6% a year on average. The highest annual figure on record is $989.53M in fiscal 2024.
Annual operating cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $273.98M | -72.3% |
| FY2024 | Dec 31, 2024 | $989.53M | +106.6% |
| FY2023 | Dec 31, 2023 | $478.85M | -33.7% |
| FY2022 | Dec 31, 2022 | $722.58M | +11.5% |
| FY2021 | Dec 31, 2021 | $648.29M | +23.7% |
| FY2020 | Dec 31, 2020 | $524.24M | -17.3% |
| FY2019 | Dec 31, 2019 | $634.09M | +12.7% |
| FY2018 | Dec 31, 2018 | $562.39M | +4.5% |
| FY2017 | Dec 31, 2017 | $538.08M | +22.9% |
| FY2016 | Dec 31, 2016 | $437.84M | +10.9% |
| FY2015 | Dec 31, 2015 | $394.86M | +36.2% |
| FY2014 | Dec 31, 2014 | $289.85M | +67.0% |
| FY2013 | Dec 31, 2013 | $173.61M | -42.1% |
| FY2012 | Dec 31, 2012 | $300.00M | +9.3% |
| FY2011 | Dec 31, 2011 | $274.37M | -35.4% |
| FY2010 | Dec 31, 2010 | $424.53M | +55.0% |
| FY2009 | Dec 31, 2009 | $273.93M | +16.9% |
| FY2008 | Dec 31, 2008 | $234.37M | – |
Quarterly operating cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $292.65M | +17.7% |
| Q2 FY2026 | Jun 30, 2026 | $52.94M | -62.4% |
| Q1 FY2026 | Mar 31, 2026 | $237.32M | – |
| Q4 FY2025 | Dec 31, 2025 | $180.74M | +181.1% |
| Q3 FY2025 | Sep 30, 2025 | $248.58M | -19.1% |
| Q2 FY2025 | Jun 30, 2025 | $140.77M | +8.6% |
| Q1 FY2025 | Mar 31, 2025 | -$296.11M | -160.6% |
| Q4 FY2024 | Dec 31, 2024 | $64.30M | – |
| Q3 FY2024 | Sep 30, 2024 | $307.22M | +28.7% |
| Q2 FY2024 | Jun 30, 2024 | $129.58M | -16.3% |
| Q1 FY2024 | Mar 31, 2024 | $488.43M | +190.1% |
| Q4 FY2023 | Dec 31, 2023 | -$83.00M | -145.4% |
| Q3 FY2023 | Sep 30, 2023 | $238.69M | -2.5% |
| Q2 FY2023 | Jun 30, 2023 | $154.81M | – |
| Q1 FY2023 | Mar 31, 2023 | $168.35M | -49.4% |
| Q4 FY2022 | Dec 31, 2022 | $182.67M | +90.9% |
| Q3 FY2022 | Sep 30, 2022 | $244.86M | +20.0% |
| Q2 FY2022 | Jun 30, 2022 | -$37.77M | -129.3% |
| Q1 FY2022 | Mar 31, 2022 | $332.83M | +51.4% |
| Q4 FY2021 | Dec 31, 2021 | $95.68M | +94.7% |
| Q3 FY2021 | Sep 30, 2021 | $204.02M | -23.9% |
| Q2 FY2021 | Jun 30, 2021 | $128.83M | – |
| Q1 FY2021 | Mar 31, 2021 | $219.77M | -11.7% |
| Q4 FY2020 | Dec 31, 2020 | $49.15M | +0.5% |
| Q3 FY2020 | Sep 30, 2020 | $268.14M | -8.6% |
| Q2 FY2020 | Jun 30, 2020 | -$41.97M | -128.8% |
| Q1 FY2020 | Mar 31, 2020 | $248.93M | +70.3% |
| Q4 FY2019 | Dec 31, 2019 | $48.89M | -52.2% |
| Q3 FY2019 | Sep 30, 2019 | $293.28M | +42.3% |
| Q2 FY2019 | Jun 30, 2019 | $145.78M | +236.7% |
| Q1 FY2019 | Mar 31, 2019 | $146.13M | -30.6% |
| Q4 FY2018 | Dec 31, 2018 | $102.22M | -44.0% |
| Q3 FY2018 | Sep 30, 2018 | $206.17M | +23.5% |
| Q2 FY2018 | Jun 30, 2018 | $43.29M | -26.4% |
| Q1 FY2018 | Mar 31, 2018 | $210.71M | +62.5% |
| Q4 FY2017 | Dec 31, 2017 | $182.64M | +77.5% |
| Q3 FY2017 | Sep 30, 2017 | $166.98M | – |
| Q2 FY2017 | Jun 30, 2017 | $58.81M | – |
| Q1 FY2017 | Mar 31, 2017 | $129.66M | – |
| Q4 FY2016 | Dec 31, 2016 | $102.87M | – |