Shares Outstanding Shares Outstanding n/a Close	64.29M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.04%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.23%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	84.84%
Shares Floating Shares Floating n/a Close	59.57M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	14
FTD / Avg. Volume FTD / Avg. Volume n/a Close	n/a

Short Selling Information

The latest short interest is 2.09M, so 3.26% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	2.09M
Short % of Shares Out Short % of Shares Out n/a Close	3.26%
Short % of Float Short % of Float n/a Close	3.74%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	5.79

Valuation Ratios

The PE ratio is 14.79 and the forward PE ratio is 13.3. Cullen/Frost Bankers's PEG ratio is 7.75.

PE Ratio PE Ratio n/a Close	14.79
Forward PE Forward PE n/a Close	13.3
PS Ratio PS Ratio n/a Close	3.02
Forward PS Forward PS n/a Close	3.3
PB Ratio PB Ratio n/a Close	2.21
P/FCF Ratio P/FCF Ratio n/a Close	10
PEG Ratio PEG Ratio n/a Close	7.75

Financial Ratio History

Enterprise Valuation

Cullen/Frost Bankers has an Enterprise Value (EV) of 2.99B.

EV / Sales EV / Sales n/a Close	1.05
EV / EBITDA EV / EBITDA n/a Close	3.83
EV / EBIT EV / EBIT n/a Close	3.02
EV / FCF EV / FCF n/a Close	3.47

Financial Position

The company has a current ratio of 0.54, with a Debt / Equity ratio of 1.18.

Current Ratio Current Ratio n/a Close	0.54
Quick Ratio Quick Ratio n/a Close	0.54
Debt / Equity Debt / Equity n/a Close	1.18
Debt / EBITDA Debt / EBITDA n/a Close	5.89
Debt / FCF Debt / FCF n/a Close	5.32
Interest Coverage Interest Coverage n/a Close	0.89

Financial Efficiency

Return on Equity is 14.94% and Return on Invested Capital is 5.95%.

Return on Equity Return on Equity n/a Close	14.94%
Return on Assets Return on Assets n/a Close	1.11%
Return on Invested Capital Return on Invested Capital n/a Close	5.95%
Revenue Per Employee Revenue Per Employee n/a Close	$486,801.33
Profits Per Employee Profits Per Employee n/a Close	$99,511.79
Employee Count Employee Count n/a Close	5,854
Asset Turnover Asset Turnover n/a Close	0.05
Inventory Turnover Inventory Turnover n/a Close	n/a

Taxes

Income Tax Income Tax n/a Close	113.42M
Effective Tax Rate Effective Tax Rate n/a Close	16.3%

Stock Price Statistics

The stock price has increased by 30.34% in the last 52 weeks. The beta is 0.67, so Cullen/Frost Bankers's price volatility has been higher than the market average.

Beta Beta n/a Close	0.67
52-Week Price Change 52-Week Price Change n/a Close	30.34%
50-Day Moving Average 50-Day Moving Average n/a Close	121.42
200-Day Moving Average 200-Day Moving Average n/a Close	127.22
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	43.71
Average Volume (20 Days) Average Volume (20 Days) n/a Close	462,506

Income Statement

In the last 12 months, Cullen/Frost Bankers had revenue of 2.85B and earned 582.54M in profits. Earnings per share was 9.08.

Revenue Revenue n/a Close	2.85B
Gross Profit Gross Profit n/a Close	2B
Operating Income Operating Income n/a Close	695.97M
Net Income Net Income n/a Close	582.54M
EBITDA EBITDA n/a Close	778.78M
EBIT EBIT n/a Close	695.97M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	9.08

Full Income Statement

Balance Sheet

The company has 10.22B in cash and 4.59B in debt, giving a net cash position of 5.63B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	10.22B
Total Debt Total Debt n/a Close	4.59B
Net Cash Net Cash n/a Close	5.63B
Retained Earnings Retained Earnings n/a Close	3.95B
Total Assets Total Assets n/a Close	52B
Working Capital Working Capital n/a Close	-37.59B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 989.53M and capital expenditures -127.78M, giving a free cash flow of 861.76M.

Operating Cash Flow Operating Cash Flow n/a Close	989.53M
Capital Expenditures Capital Expenditures n/a Close	-127.78M
Free Cash Flow Free Cash Flow n/a Close	861.76M
FCF Per Share FCF Per Share n/a Close	13.43

Full Cash Flow Statement

Margins

Gross margin is 70.14%, with operating and profit margins of 24.42% and 20.44%.

Gross Margin Gross Margin n/a Close	70.14%
Operating Margin Operating Margin n/a Close	24.42%
Pretax Margin Pretax Margin n/a Close	24.42%
Profit Margin Profit Margin n/a Close	20.44%
EBITDA Margin EBITDA Margin n/a Close	27.33%
EBIT Margin EBIT Margin n/a Close	24.42%
FCF Margin FCF Margin n/a Close	30.24%

Dividends & Yields

CFR pays an annual dividend of $4.77, which amounts to a dividend yield of 3.03%.

Dividend Per Share Dividend Per Share n/a Close	$4.77
Dividend Yield Dividend Yield n/a Close	3.03%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	3.26%
Payout Ratio Payout Ratio n/a Close	52.36%
Earnings Yield Earnings Yield n/a Close	6.76%
FCF Yield FCF Yield n/a Close	10%

Dividend Details

Analyst Forecast

The average price target for CFR is $135, which is 9% higher than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$135
Price Target Difference Price Target Difference n/a Close	9%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	13

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$110.59
Lynch Upside Lynch Upside n/a Close	-10.71%
Graham Number Graham Number n/a Close	111.37
Graham Upside Graham Upside n/a Close	-10.08%

Stock Splits

The last stock split was on Jun 23, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Last Split Date n/a Close	Jun 23, 1999
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	2:1

Scores

Altman Z-Score Altman Z-Score n/a Close	-0.55
Piotroski F-Score Piotroski F-Score n/a Close	5