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Friday 6 November 2026 Export CFR’s income statement to Excel — free account

Cullen/Frost Bankers, Inc.

CFR Financial Banks Regional

Cullen/Frost Bankers, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 2.46% from fiscal 2024.

Revenue
+2.95%
EPS
+6.37%
Free cash flow
+21.4%
Total debt
+0.10%

Quarter to September 2026, against a year earlier

156.62 3.07 −1.92%
Market cap
$9.7B
P/E
14.6×
Fwd P/E
14.2×
Dividend yield
2.59%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Cullen/Frost Bankers, Inc. (CFR) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Cullen/Frost Bankers, Inc. (CFR) trades at a P/S ratio of 3.3×. Over the past ten years it has ranged from 2.1× (March 2020) to 6.7× (February 2022); the current reading is higher than 36% of that period. That is above the Banks Regional industry median of 2.4× and above the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.8× (8.04%)
FY2024 3.0× 14.29%
FY2023 2.6× (40.51%)
FY2022 4.4× (22.68%)
FY2021 5.7× 56.12%
FY2020 3.7× (10.14%)
FY2019 4.1× 2.55%
FY2018 4.0× (19.03%)
FY2017 4.9× 3.11%
FY2016 4.8× 37.00%

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.2× (2.46%)
Jun 2026 3.3× 11.42%
Mar 2026 3.0× 6.45%
Dec 2025 2.8× (0.91%)
43 more quarters

Against its own ten years

Low 2.1× High 6.7×
Ten-year median 3.9×
Current reading's percentile 39

P/S ratio against peers

Company P/S ratio
ZION Zions Bancorporation, N.A. compare 1.8×
CIB Grupo Cibest S.A. - Sponsored ADR compare 2.1×
BPOP Popular, Inc. compare 2.2×
ONB Old National Bancorp compare 2.3×
UMBF UMB Financial Corporation compare 2.3×
WTFC Wintrust Financial Corporation compare 2.3×
SSB SouthState Bank Corporation compare 2.7×
CFR Cullen/Frost Bankers, Inc. 3.3×
CBC Central Bancompany compare 7.1×
Banks Regional industry median 2.4×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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