Name | Value |
---|---|
Revenues | 706.0M |
Cost of Revenue | -88.4M |
Gross Profit | 794.4M |
Operating Expense | 68.6M |
Operating I/L | 183.5M |
Other Income/Expense | -68.6M |
Interest Income | 596.3M |
Pretax | 175.2M |
Income Tax Expense | 29.7M |
Net Income/Loss | 145.5M |
Cullen/Frost Bankers, Inc. operates as a bank holding company for Frost Bank, providing commercial and consumer banking services in Texas. The company's Banking segment offers commercial banking services to businesses, including financing for properties, equipment, and acquisitions, as well as treasury management services. Its Frost Wealth Advisors segment provides trust, investment, and custodial services, capital market services, insurance and securities brokerage, and investment management services. Additionally, the company offers international banking services, acts as a correspondent for financial institutions, and operates financial centers and ATMs. It serves various industries, including energy, manufacturing, retail, and healthcare.