Cullen/Frost Bankers, Inc. (CFR) 股票分析

公司概述

Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank, delivering comprehensive commercial and consumer banking services primarily within Texas. The entity functions within the Financial Services sector, specifically classified under the Banks - Regional industry, which denotes its focus on localized lending and deposit gathering rather than national or global banking operations. As of the latest data, the company holds a market capitalization of $9.16B and generates annual revenue of $2.19B, employing a workforce of 6,008 individuals. These financial metrics indicate that the firm maintains a substantial asset base and revenue stream typical of a well-established regional banking institution with significant operational scale in its home market.

财务健康

The company reported a revenue of $2.19B for the trailing twelve months, with a net income of $635.47M, while EBITDA figures are not disclosed in the available data. The substantial gap between the $2.19B revenue and $635.47M net income reveals a cost structure where operating expenses, including cost of goods sold and administrative overhead, consume approximately 70.4% of total revenue before arriving at the bottom line. Regarding cash flow, free cash flow data is not available for this period, which limits the ability to assess immediate financial flexibility through cash generation metrics in this specific report. The firm demonstrates a Gross Margin of 0.0%, which is standard for financial institutions as interest income and expense are typically treated as non-operating or netted items rather than gross profit. Operating Margin stands at 34.5%, indicating efficient management of core banking operations before interest and taxes, while Profit Margin reaches 29.6%, reflecting the final ability to convert revenue into earnings. In terms of leverage, the company holds $9.01B in cash against $5.17B in debt, suggesting a net cash position, though the specific Debt to Equity ratio is not reported. The Current Ratio is not disclosed, preventing a direct assessment of short-term liquidity based on current assets versus current liabilities. Return on Equity is 15.3% and Return on Assets is 1.2%, metrics that reveal management's effectiveness in generating profits from shareholder equity and utilizing the total asset base respectively.

估值评估

The trailing twelve months P/E Ratio is 14.61, whereas the Forward P/E is projected at 13.62, implying that the market expects earnings growth that would justify a lower multiple in the future. The Price to Book ratio is 2.07, indicating that the stock trades at a premium relative to its book value, reflecting market confidence in the quality of its assets and franchise value. Alternative valuation metrics include a Price to Sales ratio of 4.18, while the EV/EBITDA multiple is not available for calculation. The stock's 52-week trading range spans from a low of $101.76 to a high of $148.97, providing a historical context for price volatility. The current price position relative to this range requires calculation based on real-time data not provided here, but the range defines the historical support and resistance levels. The Beta is 0.61, which signifies that the stock's price volatility is significantly lower than the broader market, offering a defensive characteristic during market downturns.

Growth & Income

Revenue growth for the trailing twelve months is 9.5%, and Earnings Growth is 8.5% year over year, indicating that earnings are growing slightly slower than revenue, which may suggest rising cost pressures or a lag in margin expansion. The company pays a Dividend Yield of 2.8%, with a Payout Ratio of 39.8%, suggesting that the dividend is sustainable given that the payout is well below the 100% threshold of earnings. Since the company is a dividend payer, the moderate payout ratio allows for retention of earnings to fund organic growth initiatives while rewarding shareholders. Overall, the firm presents a profile characterized by steady double-digit growth in top-line revenue and earnings, combined with a consistent dividend policy and lower-than-market volatility.