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Cullen/Frost Bankers CFR Bank — Total non-interest expense

Other segment segments

Frost Wealth Advisors
$44.2M+5.6%
Non-Banks
$1.37M-7.5%

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Other financials

Income statement

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Revenue$574.8M+6.4%
Net income$171.0M+13.3%
EPS (diluted)$2.65+15.2%

Balance sheet

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Cash & equivalents$7.1B-9.0%
Total debt$296.4M
Total equity$4.5B+10.1%
Total assets$52.7B+1.4%

Cash flow

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Operating cash flow$237.3M+180%
CapEx$38.6M-5.7%
Free cash flow$198.7M+159%

Valuation

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Market cap$10.32B+29.8%
P/E15.4×+2.4×
P/S4.6×+0.8×

Profitability

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Net margin29.5%+1.0pp
FCF margin3.5%

Returns & leverage

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Return on equity15.5%0.0pp
Debt / equity0.1×

Where this comes from

Reported directly by Cullen/Frost Bankers in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The source filing: Cullen/Frost Bankers’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000039263-26-000035
Three months ended: / March 31, 2026BankingFrost Wealth AdvisorsNon-BanksConsolidated
Technology, furniture and equipment40,0921,5325041,674
Deposit insurance7,192117,203
Other56,52613,81487071,210
Total non-interest expense320,11444,2041,368365,686
Income (loss) before income taxes194,02112,786(4,401)202,406
Income tax expense (benefit)30,1232,685(1,389)31,419
Net income (loss)163,89810,101(3,012)170,987
Preferred stock dividends1,6691,669

Item 1. Financial Statements (Unaudited)

FAQ

What is Cullen/Frost Bankers's bank — total non-interest expense?
Cullen/Frost Bankers (CFR) reported bank — total non-interest expense of $320.11M in Q1 2026.
How has Cullen/Frost Bankers's bank — total non-interest expense changed year-over-year?
Cullen/Frost Bankers's bank — total non-interest expense increased by 5.1% year-over-year, from $304.72M to $320.11M.
What is the long-term trend for Cullen/Frost Bankers's bank — total non-interest expense?
Over 4 years (2021 to 2025), Cullen/Frost Bankers's bank — total non-interest expense has grown at a 13.3% compound annual growth rate (CAGR), from $753.72M to $1.24B.
What does bank — total non-interest expense mean?
This is the sum of all operating expenses incurred by the bank, excluding interest expense on deposits and borrowings. It is the primary metric used to calculate the efficiency ratio and assess the bank's operational cost structure.

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