Free Cash Flow for Cullen/Frost Bankers (CFR)
Free Cash Flow for Cullen/Frost Bankers (CFR): headline value $231.46M · YoY -85.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$231.46M
YoY change
-85.2%
5Y CAGR
-21.6%
Peak year (2024)
$861.76M
Latest annual
$127.33M
Free Cash Flow history chart for Cullen/Frost Bankers (CFR) from 1989 to 2025
Free Cash Flow history table for Cullen/Frost Bankers (CFR) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $127.33M | -85.2% | ||
| 2024 | $861.76M | +169.1% | ||
| 2023 | $320.21M | -48.4% | ||
| 2022 | $620.08M | +6.5% | ||
| 2021 | $582.44M | +35.8% | ||
| 2020 | $428.82M | +0.3% | ||
| 2019 | $427.37M | -11.5% | ||
| 2018 | $483.12M | -4.1% | ||
| 2017 | $503.99M | +31.2% | ||
| 2016 | $384.19M | +55.1% | ||
| 2015 | $247.73M | +56.9% | ||
| 2014 | $157.88M | +17.8% | ||
| 2013 | $134.01M | -51.3% | ||
| 2012 | $275.11M | +11.1% | ||
| 2011 | $247.65M | -39.3% | ||
| 2010 | $407.71M | +108.4% | ||
| 2009 | $195.67M | +17.2% | ||
| 2008 | $166.90M | -7.4% | ||
| 2007 | $180.22M | -324.1% | ||
| 2006 | -$80.42M | -170.3% | ||
| 2005 | $114.34M | +0.8% | ||
| 2004 | $113.38M | -40.3% | ||
| 2003 | $189.85M | -17.9% | ||
| 2002 | $231.25M | +212.3% | ||
| 2001 | $74.04M | -29.5% | ||
| 2000 | $104.98M | -9.7% | ||
| 1999 | $116.30M | +20.5% | ||
| 1998 | $96.50M | +220.6% | ||
| 1997 | $30.10M | -45.5% | ||
| 1996 | $55.20M | -30.6% | ||
| 1995 | $79.50M | +159.0% | ||
| 1994 | $30.70M | +3.4% | ||
| 1993 | $29.70M | -31.3% | ||
| 1992 | $43.20M | +95.5% | ||
| 1991 | $22.10M | -44.1% | ||
| 1990 | $39.50M | -301.5% | ||
| 1989 | -$19.60M | — |
Free Cash Flow values are taken from Cullen/Frost Bankers's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Cullen/Frost Bankers (CFR) reported free cash flow of $127.33M – plunged 85.2% year-over-year.
Through 2020–2025 (5 years), Cullen/Frost Bankers free cash flow delivered a -21.6% annualised rate; with a net decline across the window.
Cullen/Frost Bankers free cash flow peaked at $861.76M in 2024; the latest annual figure is $127.33M in 2025 (85.2% below peak).
$861.76M stands as the all-time-high annual free cash flow, posted in 2024, against a low of -$80.42M during 2006.
Within Financial Services, Cullen/Frost Bankers (CFR) ranks 7th among 8 peers we track. The peer median for free cash flow is $19.24B.
Cullen/Frost Bankers Free Cash Flow by Year
Cullen/Frost Bankers Free Cash Flow 2025: $127.33M
Cullen/Frost Bankers free cash flow in 2025 was $127.33M, plunged 85.2% below 2024.
Cullen/Frost Bankers Free Cash Flow 2024: $861.76M
Cullen/Frost Bankers free cash flow in 2024 was $861.76M, surged 169.1% from 2023. This figure represents the highest annual value in the available history.
Cullen/Frost Bankers Free Cash Flow 2023: $320.21M
Cullen/Frost Bankers free cash flow in 2023 was $320.21M, plunged 48.4% below 2022.
Cullen/Frost Bankers Free Cash Flow 2022: $620.08M
Cullen/Frost Bankers free cash flow in 2022 was $620.08M, grew 6.5% from 2021.
Cullen/Frost Bankers Free Cash Flow 2021: $582.44M
Cullen/Frost Bankers free cash flow in 2021 was $582.44M.
See more financial history for Cullen/Frost Bankers (CFR).
Sector peers — Free Cash Flow
Companies in the same sector as Cullen/Frost Bankers, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $25.04B | Financial Services |
| Visa Inc. (V) | $21.58B | Financial Services |
| Mastercard Incorporated (MA) | $16.91B | Financial Services |
| Bank of America Corporation (BAC) | $12.61B | Financial Services |
| Wells Fargo & Company (WFC) | -$19.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Cullen/Frost Bankers's free cash flow?
Latest reported free cash flow for Cullen/Frost Bankers (CFR) is $231.46M (period ending December 31, 2025).
How has Cullen/Frost Bankers free cash flow changed year-over-year?
Cullen/Frost Bankers (CFR) free cash flow changed -85.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Cullen/Frost Bankers free cash flow?
Cullen/Frost Bankers (CFR) free cash flow compound annual growth rate is -21.6% over the most recent 5 years available.
When did Cullen/Frost Bankers free cash flow hit its highest annual value?
Cullen/Frost Bankers free cash flow reached its highest annual value of $861.76M in 2024.
What was Cullen/Frost Bankers free cash flow in 2024?
Cullen/Frost Bankers (CFR) free cash flow in 2024 was $861.76M.
What was Cullen/Frost Bankers free cash flow in 2025?
Cullen/Frost Bankers (CFR) free cash flow in 2025 was $127.33M.
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