Company profile

Ticker
CFR
Exchange
CEO
Phillip D. Green
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Cullen Frost Bankers Inc
SEC CIK
IRS number
741751768

CFR stock data

(
)

Investment data

Data from SEC filings
Top 50 of 789 long holdings
End of quarter 31 Mar 20
Value
 
#Shares
 
$223.23M 2.43M
$150.93M 957.02K
$123.87M 487.11K
$99.11M 50.83K
$97.16M 702.24K
$86.87M 74.73K
$69.71M 432.67K
$53.5M 286.52K
$53.45M 221.25K
$42.91M 150.48K
$36.59M 408.37K
$36.56M 219.16K
SPDR S&P 500 Etf TR TR Unit
$34.45M 133.55K
$34.42M 262.48K
$34.31M 450.28K
$34.04M 442.02K
$34.03M 236.31K
$32.67M 277.58K
$31.03M 577.47K
$30.06M 273.23K
$29.75M 783.46K
$27.95M 201.88K
$27.41M 416.91K
$27.14M 283.49K
$26.31M 91.8K
$26.04M 81.83K
$24.73M 65.86K
$23.98M 96.14K
$23.88M 329.53K
$21.59M 153.04K
$20.45M 211.64K
$20.12M 222.91K
$19.65M 42.77K
$19.47M 162.1K
$19.19M 223.04K
$19.11M 486.01K
$18.66M 640.06K
$18.62M 541.23K
$18.57M 84.53K
$18.28M 76.83K
$17.37M 79.76K
$16.92M 217.73K
$16.59M 83.31K
$16.33M 172.03K
$16.2M 76.6K
$16.17M 365.37K
$15.38M 275.69K
$14.88M 76.53K
$14.48M 443.67K
$14.41M 297.2K
Holdings list only includes long positions. Only includes long positions.

Calendar

30 Apr 20
2 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 457.44M 346.35M 342.23M 336.07M
Net income 54.75M 103.68M 111.84M 111.59M
Diluted EPS
Net profit margin 11.97% 29.94% 32.68% 33.20%
Cash on hand
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.37B 1.31B 1.2B 1.13B
Net income 443.6M 454.92M 364.15M 304.26M
Net profit margin 32.43% 34.75% 30.27% 27.02%
Cash on hand

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
4 Jun 20 William L Perotti Common Stock, $0.01 par value Sell Dispose S 79.48 760 60.4K 91,634
4 Jun 20 William L Perotti Common Stock, $0.01 par value Option exercise Aquire M 50.64 9,360 473.99K 100,994
4 Jun 20 William L Perotti Employee Stock Option Common Stock Option exercise Dispose M 50.64 9,360 473.99K 0
4 Jun 20 William L Perotti Common Stock, $0.01 par value Sell Dispose S 78.75 8,600 677.25K 92,394
3 Jun 20 Jerry Salinas Common Stock, $0.01 par value Sell Dispose S 78.29 9,661 756.36K 18,124
3 Jun 20 Jerry Salinas Common Stock, $0.01 par value Option exercise Aquire M 52.46 12,000 629.52K 27,785
3 Jun 20 Jerry Salinas Employee Stock Option Common Stock Option exercise Dispose M 52.46 12,000 629.52K 0
29 May 20 Dawson Samuel G. Common Stock, $0.01 par value Buy Aquire P 76.46 1,306 99.86K 5,606
27 May 20 Phillip D Green Common Stock, $0.01 par value Sell Dispose S 75.64 10,337 781.89K 45,839
27 May 20 Phillip D Green Common Stock, $0.01 par value Sell Dispose S 76.13 1,243 94.63K 56,176
85.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 288 319 -9.7%
Opened positions 43 39 +10.3%
Closed positions 74 52 +42.3%
Increased positions 102 115 -11.3%
Reduced positions 86 103 -16.5%
13F shares
Current Prev Q Change
Total value 12.88B 23.95B -46.2%
Total shares 53.32M 52.46M +1.6%
Total puts 473.9K 163.4K +190.0%
Total calls 177.5K 167.5K +6.0%
Total put/call ratio 2.7 1.0 +173.7%
Largest owners
Shares Value Change
Vanguard 6.42M $358.05M -0.1%
BLK BlackRock 6.05M $337.77M +7.6%
STT State Street 4.45M $248.27M -9.9%
Aristotle Capital Management 3.96M $220.94M +3.9%
JPM JPMorgan Chase & Co. 2.73M $152.39M -2.7%
FMR 2.69M $150.01M +40.7%
Wellington Management 2.26M $126.03M +2.1%
IVZ Invesco 2.23M $124.62M -11.5%
King Luther Capital Management 2.2M $122.85M -1.4%
NEU Neuberger Berman 1.71M $95.25M -0.7%
Largest transactions
Shares Bought/sold Change
FMR 2.69M +777.99K +40.7%
Norges Bank 0 -520.81K EXIT
STT State Street 4.45M -487.29K -9.9%
BLK BlackRock 6.05M +427.87K +7.6%
Nuance Investments 317.93K +317.93K NEW
IVZ Invesco 2.23M -290.63K -11.5%
Champlain Investment Partners 1.64M +285.17K +21.1%
PFG Principal Financial 1.12M -208.53K -15.7%
Massachusetts Financial Services 435.66K +193.18K +79.7%
BK Bank Of New York Mellon 1.03M +181.54K +21.5%

Financial report summary

?
Management Discussion
  • Net income available to common shareholders totaled $47.2 million, or $0.75 per diluted common share, for the three months ended March 31, 2020 compared to $114.5 million, or $1.79 per diluted common share, for the three months ended March 31, 2019.
  • Net income available to common shareholders decreased $67.3 million, or 58.8%, for the three months ended March 31, 2020 compared to the same period in 2019. The decrease was primarily the result of a $164.2 million increase in credit loss expense, a $22.4 million increase in non-interest expense and a $1.9 million decrease in net interest income partly offset by a $116.1 million increase in non-interest income and a $10.6 million decrease in income tax expense. The increase in credit loss expense resulted from both our adoption of a new credit loss accounting standard and the adverse events impacting our loan portfolio, including those arising from the COVID-19 pandemic and the significant decline in oil prices. The increase in non-interest income was primarily related to a $109.0 million net gain on securities transactions. Net income available to common shareholders for the three months ended March 31, 2020 was also impacted by the reclassification of $5.5 million of issuance costs associated with our preferred stock to retained earnings upon redemption of the preferred stock in the first quarter.
  • Details of the changes in the various components of net income are further discussed below.
Content analysis ?
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