CULLEN/FROST BANKERS INC (CFR) Stock Fundamental Analysis
NYSE:CFR - US2298991090 - Common Stock
132.55 USD
+0.63 (+0.48%)
CFR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 393 industry peers in the Banks industry. CFR has a medium profitability rating, but doesn't score so well on its financial health evaluation. CFR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CFR had positive earnings in the past year.
In the past year CFR had a positive cash flow from operations.
Each year in the past 5 years CFR has been profitable.
In the past 5 years CFR always reported a positive cash flow from operatings.
1.2 Ratios
CFR's Return On Assets of 1.16% is fine compared to the rest of the industry. CFR outperforms 76.59% of its industry peers.
Looking at the Return On Equity, with a value of 14.21%, CFR belongs to the top of the industry, outperforming 91.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 14.21% | ||
| ROIC | N/A |
ROA(3y)1.1%
ROA(5y)0.98%
ROE(3y)16.15%
ROE(5y)13.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CFR has a better Profit Margin (27.86%) than 74.05% of its industry peers.
CFR's Profit Margin has declined in the last couple of years.
CFR does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.86% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.3%
PM growth 5Y-2.65%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CFR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CFR has about the same amount of shares outstanding.
The number of shares outstanding for CFR has been increased compared to 5 years ago.
The debt/assets ratio for CFR is higher compared to a year ago.
2.2 Solvency
CFR has a debt to FCF ratio of 54.72. This is a negative value and a sign of low solvency as CFR would need 54.72 years to pay back of all of its debts.
CFR's Debt to FCF ratio of 54.72 is on the low side compared to the rest of the industry. CFR is outperformed by 83.21% of its industry peers.
CFR has a Debt/Equity ratio of 1.11. This is a high value indicating a heavy dependency on external financing.
CFR's Debt to Equity ratio of 1.11 is on the low side compared to the rest of the industry. CFR is outperformed by 86.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 54.72 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.18%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.29% over the past year.
CFR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.34% yearly.
Looking at the last year, CFR shows a very negative growth in Revenue. The Revenue has decreased by -14.48% in the last year.
Measured over the past years, CFR shows a quite strong growth in Revenue. The Revenue has been growing by 8.57% on average per year.
EPS 1Y (TTM)13.29%
EPS 3Y9.48%
EPS 5Y5.34%
EPS Q2Q%8.14%
Revenue 1Y (TTM)-14.48%
Revenue growth 3Y14.59%
Revenue growth 5Y8.57%
Sales Q2Q%7.38%
3.2 Future
Based on estimates for the next years, CFR will show a small growth in Earnings Per Share. The EPS will grow by 3.36% on average per year.
Based on estimates for the next years, CFR will show a small growth in Revenue. The Revenue will grow by 3.39% on average per year.
EPS Next Y7.11%
EPS Next 2Y3.78%
EPS Next 3Y3.28%
EPS Next 5Y3.36%
Revenue Next Year7.4%
Revenue Next 2Y5.76%
Revenue Next 3Y4.62%
Revenue Next 5Y3.39%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.27, CFR is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of CFR indicates a slightly more expensive valuation: CFR is more expensive than 62.34% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CFR to the average of the S&P500 Index (27.08), we can say CFR is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.88, the valuation of CFR can be described as correct.
71.25% of the companies in the same industry are cheaper than CFR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CFR to the average of the S&P500 Index (22.67), we can say CFR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 13.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CFR indicates a rather expensive valuation: CFR more expensive than 82.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 99.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CFR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.01
PEG (5Y)2.67
EPS Next 2Y3.78%
EPS Next 3Y3.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.17%, CFR has a reasonable but not impressive dividend return.
CFR's Dividend Yield is comparable with the industry average which is at 3.30.
CFR's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
The dividend of CFR has a limited annual growth rate of 5.72%.
CFR has been paying a dividend for at least 10 years, so it has a reliable track record.
CFR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.72%
Div Incr Years31
Div Non Decr Years31
5.3 Sustainability
42.92% of the earnings are spent on dividend by CFR. This is a bit on the high side, but may be sustainable.
CFR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.92%
EPS Next 2Y3.78%
EPS Next 3Y3.28%
NYSE:CFR (8/27/2025, 1:40:41 PM)
132.55
+0.63 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners86.23%
Inst Owner Change-2.64%
Ins Owners0.74%
Ins Owner Change0.07%
Market Cap8.53B
Analysts64.44
Price Target138.29 (4.33%)
Short Float %3.32%
Short Ratio4.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
Yearly Dividend3.88
Dividend Growth(5Y)5.72%
DP42.92%
Div Incr Years31
Div Non Decr Years31
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.96%
Min EPS beat(2)2.67%
Max EPS beat(2)5.24%
EPS beat(4)4
Avg EPS beat(4)4.53%
Min EPS beat(4)2%
Max EPS beat(4)8.19%
EPS beat(8)6
Avg EPS beat(8)0.71%
EPS beat(12)10
Avg EPS beat(12)2.66%
EPS beat(16)14
Avg EPS beat(16)3.48%
Revenue beat(2)2
Avg Revenue beat(2)2.11%
Min Revenue beat(2)1.75%
Max Revenue beat(2)2.46%
Revenue beat(4)3
Avg Revenue beat(4)-2.67%
Min Revenue beat(4)-17.35%
Max Revenue beat(4)2.47%
Revenue beat(8)7
Avg Revenue beat(8)-0.14%
Revenue beat(12)10
Avg Revenue beat(12)0.37%
Revenue beat(16)11
Avg Revenue beat(16)4.82%
PT rev (1m)-0.24%
PT rev (3m)1.64%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)2.91%
EPS NY rev (1m)1.18%
EPS NY rev (3m)1.4%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 13.88 | ||
| P/S | 3.98 | ||
| P/FCF | 99.98 | ||
| P/OCF | 39.44 | ||
| P/B | 2.03 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)9.29
EY7.01%
EPS(NY)9.55
Fwd EY7.21%
FCF(TTM)1.33
FCFY1%
OCF(TTM)3.36
OCFY2.54%
SpS33.29
BVpS65.29
TBVpS65.29
PEG (NY)2.01
PEG (5Y)2.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.16% | ||
| ROE | 14.21% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.86% | ||
| GM | N/A | ||
| FCFM | 3.98% |
ROA(3y)1.1%
ROA(5y)0.98%
ROE(3y)16.15%
ROE(5y)13.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.3%
PM growth 5Y-2.65%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.11 | ||
| Debt/FCF | 54.72 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 152.46% | ||
| Cap/Sales | 6.11% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 14.29% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC11.18%
ROIC/WACCN/A
Cap/Depr(3y)168.8%
Cap/Depr(5y)149.93%
Cap/Sales(3y)6.75%
Cap/Sales(5y)6.33%
Profit Quality(3y)105.07%
Profit Quality(5y)116.76%
High Growth Momentum
Growth
EPS 1Y (TTM)13.29%
EPS 3Y9.48%
EPS 5Y5.34%
EPS Q2Q%8.14%
EPS Next Y7.11%
EPS Next 2Y3.78%
EPS Next 3Y3.28%
EPS Next 5Y3.36%
Revenue 1Y (TTM)-14.48%
Revenue growth 3Y14.59%
Revenue growth 5Y8.57%
Sales Q2Q%7.38%
Revenue Next Year7.4%
Revenue Next 2Y5.76%
Revenue Next 3Y4.62%
Revenue Next 5Y3.39%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-85.57%
FCF growth 3Y13.92%
FCF growth 5Y15.04%
OCF growth 1Y-71.2%
OCF growth 3Y15.14%
OCF growth 5Y9.31%