Cullen/Frost Bankers, Inc. (CFR) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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CFR EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
CFR Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 75.0% | 26.4% | 22.2% |
| 2024 | 70.1% | 24.4% | 20.4% |
| 2023 | 73.4% | 26.9% | 22.6% |
| 2022 | 90.0% | 35.6% | 30.8% |
| 2021 | 98.3% | 35.1% | 31.8% |
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Cullen/Frost Bankers, Inc. (CFR) Earnings Overview
As of May 8, 2026, Cullen/Frost Bankers, Inc. (CFR) reported trailing twelve-month net income of $669M, reflecting +11.8% year-over-year growth. The company earned $10.51 per diluted share over the past four quarters, with a net profit margin of 22.2%.
Looking at the long-term picture, CFR's 5-year EPS compound annual growth rate (CAGR) stands at +14.3%, showing solid earnings momentum. The company achieved its highest annual net income of $649M in fiscal 2025, representing a new all-time high.
Cullen/Frost Bankers, Inc. maintains industry-leading profitability with a gross margin of 75.0%, operating margin of 26.4%, and net margin of 22.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BOKF ($537M net income, 15.6% margin), WTFC ($824M net income, 19.5% margin), FHN ($982M net income, 19.7% margin), CFR has outperformed on profitability metrics. Compare CFR vs BOKF →
CFR Earnings vs Peers
Earnings metrics vs comparable public companies
CFR Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $649M | +11.3% | $772M | $9.92 | 22.2% | 26.4% |
| 2024 | $583M | -2.6% | $696M | $8.87 | 20.4% | 24.4% |
| 2023 | $598M | +3.3% | $712M | $9.08 | 22.6% | 26.9% |
| 2022 | $579M | +30.7% | $669M | $8.79 | 30.8% | 35.6% |
| 2021 | $443M | +33.8% | $490M | $6.74 | 31.8% | 35.1% |
| 2020 | $331M | -25.3% | $351M | $5.09 | 22.3% | 23.6% |
| 2019 | $444M | -2.5% | $499M | $6.81 | 29.6% | 33.3% |
| 2018 | $455M | +24.9% | $509M | $6.90 | 32.4% | 36.3% |
| 2017 | $364M | +19.7% | $408M | $5.51 | 29.6% | 33.2% |
| 2016 | $304M | +8.9% | $341M | $4.70 | 26.7% | 30.0% |
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Start ComparisonCFR — Frequently Asked Questions
Quick answers to the most common questions about buying CFR stock.
Is CFR growing earnings?
CFR EPS stands at $10.51, with +11.8% growth matching the 5-year CAGR of +14.3%. TTM net income is $669M. Earnings trajectory remains consistent.
What are CFR's profit margins?
Cullen/Frost Bankers, Inc. net margin is +22.2%, with operating margin at +26.4%. Above-average margins indicate pricing power.
How consistent are CFR's earnings?
CFR earnings data spans 1989-2025. The current earnings trend is +11.8% YoY. Historical data enables comparison across business cycles.