← CULLEN/FROST BANKERS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Property, Plant and Equipment, Net $525.8m $521.0m $552.3m $1.0b $1.0b $1.1b $1.1b $1.2b $1.2b $1.3b
Goodwill $655.0m $655.0m $655.0m $655.0m $655.0m $655.0m $655.0m — — —
Intangible Assets, Net (Excluding Goodwill) $6.8m $5.1m $3.6m $2.5m — — — — — —
Operating Lease, Right-of-Use Asset — — — $297.7m $292.1m $281.4m $288.8m $280.5m $270.3m $259.2m
Additional Financial Items
AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax $18.0m $7.5m $2.2m $3.8m $2.8m $2.0m $1.4m $909k $412k —
Assets $30.2b $31.7b $32.3b $34.0b $42.4b $50.9b $52.9b $50.8b $52.5b $53.0b
LIABILITIES AND EQUITY
Deferred Tax Liabilities, Net — — — $75.8m $117.5m $81.2m — — — —
Liabilities $27.2b $28.5b $28.9b $30.1b $38.1b $46.4b $49.8b $47.1b $48.6b $48.5b
Stockholders’ equity:
Preferred Stock, Value, Issued $144.5m $144.5m $144.5m $144.5m $145.5m $145.5m $145.5m $145.5m $145.5m $145.5m
Common Stock, Value, Issued $637k $642k $642k $642k $642k $642k $643k $644k $644k $644k
Retained Earnings (Accumulated Deficit) $2.0b $2.2b $2.4b $2.7b $2.8b $3.0b $3.3b $3.7b $4.0b $4.3b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($24.6m) $79.5m ($63.6m) $267.4m $513.0m $347.3m ($1.3b) ($1.1b) ($1.3b) ($843.0m)
Additional Paid in Capital, Common Stock $906.7m $953.4m $967.3m $983.2m $997.2m $1.0b $1.0b $1.1b $1.1b $1.1b
Stockholders' Equity Attributable to Parent $3.0b $3.3b $3.4b $3.9b $4.3b $4.4b $3.1b $3.7b $3.9b $4.6b
Liabilities and Equity $30.2b $31.7b $32.3b $34.0b $42.4b $50.9b $52.9b $50.8b $52.5b $53.0b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.