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Cullen/Frost Bankers CFR Non-Banks — Net Income

Other segment segments

Bank
$163.9M+12.2%
Frost Wealth Advisors
$10.1M+19.8%

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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:NetIncomeLoss.

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
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
Net income (loss) available to common shareholders$163,898$10,101$(4,681)$169,318
Revenues from (expenses to) external customers$520,880$56,990$(3,033)$574,837
Average assets (in millions)$52,035$78$9$52,122

Item 1. Financial Statements (Unaudited)

FAQ

What is Cullen/Frost Bankers's non-banks — net income?
Cullen/Frost Bankers (CFR) reported non-banks — net income of -$3.01M in Q1 2026.
How has Cullen/Frost Bankers's non-banks — net income changed year-over-year?
Cullen/Frost Bankers's non-banks — net income increased by 15.1% year-over-year, from -$3.55M to -$3.01M.
What is the long-term trend for Cullen/Frost Bankers's non-banks — net income?
Over 4 years (2021 to 2025), Cullen/Frost Bankers's non-banks — net income has grown at a 10.9% compound annual growth rate (CAGR), from -$9.01M to -$13.61M.
What does non-banks — net income mean?
This metric measures the bottom-line profitability of the non-banking segment after all operating expenses, non-interest expenses, and taxes have been deducted. It indicates the segment's contribution to the company's overall net earnings.

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