TTM
$883.12M
YoY change
+10.4%
5Y CAGR
+15.6%
Peak year (2025)
$859.49M
Cumulative EBITDA
$11.76B
EBITDA history chart for Cullen/Frost Bankers (CFR) from 1985 to 2025
Latest: $859.49M
EBITDA growth chart for Cullen/Frost Bankers (CFR) from 1985 to 2025
Latest: +10.4%
EBITDA history table for Cullen/Frost Bankers (CFR) from 1985 to 2025
| 2025 | $859.49M | +10.4% | +$80.70M | ||
| 2024 | $778.78M | -1.3% | −$10.03M | ||
| 2023 | $788.82M | +6.6% | +$48.64M | ||
| 2022 | $740.17M | +32.5% | +$181.34M | ||
| 2021 | $558.83M | +34.4% | +$143.14M | ||
| 2020 | $415.69M | -24.9% | −$137.87M | ||
| 2019 | $553.56M | -0.9% | −$5.29M | ||
| 2018 | $558.85M | +22.5% | +$102.68M | ||
| 2017 | $456.18M | +17.1% | +$66.59M | ||
| 2016 | $389.59M | +7.6% | +$27.65M | ||
| 2015 | $361.94M | -3.7% | −$13.96M | ||
| 2014 | $375.89M | +14.1% | +$46.54M | ||
| 2013 | $329.35M | -4.9% | −$16.90M | ||
| 2012 | $346.25M | +6.9% | +$22.39M | ||
| 2011 | $323.86M | +6.6% | +$19.93M | ||
| 2010 | $303.93M | +12.9% | +$34.71M | ||
| 2009 | $269.21M | -18.5% | −$61.23M | ||
| 2008 | $330.45M | -3.2% | −$10.77M | ||
| 2007 | $341.22M | +9.9% | +$30.64M | ||
| 2006 | $310.58M | +14.7% | +$39.84M | ||
| 2005 | $270.73M | +15.3% | +$35.85M | ||
| 2004 | $234.88M | +6.6% | +$14.59M | ||
| 2003 | $220.29M | +4.1% | +$8.74M | ||
| 2002 | $211.55M | +33.7% | +$53.36M | ||
| 2001 | $158.19M | -23.0% | −$47.33M | ||
| 2000 | $205.52M | +10.5% | +$19.52M | ||
| 1999 | $186.00M | +26.7% | +$39.20M | ||
| 1998 | $146.80M | +13.2% | +$17.10M | ||
| 1997 | $129.70M | +19.6% | +$21.30M | ||
| 1996 | $108.40M | +17.4% | +$16.10M | ||
| 1995 | $92.30M | +46.0% | +$29.10M | ||
| 1994 | $63.20M | +28.5% | +$14.00M | ||
| 1993 | $49.20M | +42.2% | +$14.60M | ||
| 1992 | $34.60M | +316.9% | +$26.30M | ||
| 1991 | $8.30M | +4050.0% | +$8.10M | ||
| 1990 | $200.00K | -98.0% | −$9.70M | ||
| 1989 | $9.90M | +312.5% | +$7.50M | ||
| 1988 | $2.40M | +20.0% | +$400.00K | ||
| 1987 | $2.00M | -130.3% | +$8.60M | ||
| 1986 | −$6.60M | -164.1% | −$16.90M | ||
| 1985 | $10.30M | — | — |
- 2025$859.49M+10.4%
- 2024$778.78M-1.3%
- 2023$788.82M+6.6%
- 2022$740.17M+32.5%
- 2021$558.83M+34.4%
- 2020$415.69M-24.9%
- 2019$553.56M-0.9%
- 2018$558.85M+22.5%
- 2017$456.18M+17.1%
- 2016$389.59M+7.6%
- 2015$361.94M-3.7%
- 2014$375.89M+14.1%
- 2013$329.35M-4.9%
- 2012$346.25M+6.9%
- 2011$323.86M+6.6%
- 2010$303.93M+12.9%
- 2009$269.21M-18.5%
- 2008$330.45M-3.2%
- 2007$341.22M+9.9%
- 2006$310.58M+14.7%
- 2005$270.73M+15.3%
- 2004$234.88M+6.6%
- 2003$220.29M+4.1%
- 2002$211.55M+33.7%
- 2001$158.19M-23.0%
- 2000$205.52M+10.5%
- 1999$186.00M+26.7%
- 1998$146.80M+13.2%
- 1997$129.70M+19.6%
- 1996$108.40M+17.4%
- 1995$92.30M+46.0%
- 1994$63.20M+28.5%
- 1993$49.20M+42.2%
- 1992$34.60M+316.9%
- 1991$8.30M+4050.0%
- 1990$200.00K-98.0%
- 1989$9.90M+312.5%
- 1988$2.40M+20.0%
- 1987$2.00M-130.3%
- 1986−$6.60M-164.1%
- 1985$10.30M—
EBITDA values are taken from Cullen/Frost Bankers's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Cullen/Frost Bankers (CFR)
According to Cullen/Frost Bankers's latest reported financial statements, the company's current EBITDA (TTM) is $883.12M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Cullen/Frost Bankers (CFR) EBITDA is $859.49M – grew 10.4% year-over-year.
Through 2020–2025 (5 years), Cullen/Frost Bankers EBITDA delivered a +15.6% annualised rate; with mixed annual results across the window.
The highest annual EBITDA of $859.49M was reported in 2025. The lowest in the available history was −$6.60M in 1986.
Cullen/Frost Bankers EBITDA by Year
Cullen/Frost Bankers EBITDA 2025: $859.49M
Cullen/Frost Bankers EBITDA in 2025 was $859.49M, grew 10.4% from 2024. This figure represents the highest annual value in the available history.
Cullen/Frost Bankers EBITDA 2024: $778.78M
2024's EBITDA for Cullen/Frost Bankers came in at $778.78M, edged down 1.3% below 2023.
Cullen/Frost Bankers EBITDA 2023: $788.82M
Cullen/Frost Bankers posted EBITDA of $788.82M in 2023, grew 6.6% from 2022.
Cullen/Frost Bankers EBITDA 2022: $740.17M
In 2022, Cullen/Frost Bankers reported EBITDA of $740.17M, surged 32.5% from 2021.
Cullen/Frost Bankers EBITDA 2021: $558.83M
Cullen/Frost Bankers EBITDA in 2021 was $558.83M.
See more financial history for Cullen/Frost Bankers (CFR).
Sector peers by EBITDA
Financial Services peers of Cullen/Frost Bankers (CFR), ranked by their latest EBITDA
| $81.42B | |
| $72.36B | |
| $40.01B | |
| $29.35B | |
| $26.61B | |
| $26.00B | |
| $24.03B | |
| $20.19B |
- $81.42B
- $72.36B
- $40.01B
- $29.35B
- $26.61B
- $26.00B
- $24.03B
- $20.19B
Frequently asked questions
Cullen/Frost Bankers (CFR) Key Financials
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