Cullen/Frost Bankers Cash Flow Statement
NYSE: CFRFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cullen/Frost Bankers free cash flow
In fiscal 2025, Cullen/Frost Bankers generated $274.0 million of operating cash flow and spent $146.7 million on capital expenditures. That left free cash flow of $127.3 million, a free-cash-flow margin of 5.7% of revenue. Free cash flow was down 85.2% from the prior year's $861.8 million.
Cullen/Frost Bankers returned $413.2 million to shareholders: $255.4 million in dividends and $157.8 million in share repurchases, equal to 325% of free cash flow. Free cash flow covered dividend payments 0.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Cullen/Frost Bankers cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 648.56M | 582.54M | 597.97M | 579.15M | 443.08M | 331.15M | 443.60M | 454.92M | 364.15M | 304.26M |
| Net Income growth (YoY) | +11.33% | -2.58% | +3.25% | +30.71% | +33.80% | -25.35% | -2.49% | +24.93% | +19.68% | +8.93% |
| Depreciation & Amortization | 87.78M | 82.82M | 76.44M | 71.34M | 69.29M | 64.37M | 54.09M | 50.17M | 47.81M | 48.18M |
| Stock-Based Compensation | 24.75M | 19.76M | 24.59M | 18.32M | 12.75M | 13.92M | 15.95M | 13.94M | 13.01M | 11.80M |
| Change in Working Capital | -566.95M | 208.14M | -317.66M | -55.10M | -7.74M | -131.12M | -33.95M | -110.15M | 15.99M | -13.34M |
| Operating Cash Flow | 273.98M | 989.53M | 478.85M | 722.58M | 648.29M | 524.24M | 634.09M | 562.39M | 538.08M | 437.84M |
| Capital Expenditures | -146.65M | -127.78M | -158.63M | -102.50M | -65.85M | -95.42M | -206.72M | -79.27M | -34.09M | -53.65M |
| Investing Cash Flow | -1.60B | -180.88M | -942.75M | -8.28B | -2.53B | -1.63B | -1.39B | -1.91B | -670.60M | -1.37B |
| Dividends Paid | -255.36M | -242.45M | -232.32M | -209.78M | -188.79M | -180.58M | -177.01M | -165.45M | -144.17M | -134.90M |
| Share Repurchases | -157.83M | -60.90M | -42.72M | -4.39M | -3.86M | -15.79M | -68.79M | -101.01M | -101.47M | -1.29M |
| Financing Cash Flow | -33.09M | 738.33M | -2.88B | 3.00B | 8.17B | 7.61B | 585.06M | 253.66M | 1.04B | 1.49B |
| Net Change in Cash | -1.36B | 1.55B | -3.34B | -4.55B | 6.29B | 6.50B | -167.60M | -1.10B | 911.60M | 549.92M |
| Free Cash Flow | 127.33M | 861.76M | 320.21M | 620.08M | 582.44M | 428.82M | 427.37M | 483.12M | 503.99M | 384.19M |
This table shows 10 annual periods of Cullen/Frost Bankers's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CFR's reporting calendar. What is a cash flow statement?