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Cullen/Frost is a regional US bank with around $50 billion in assets (as of 2024 year-end), and it focuses exclusively on the Texas market. The bank has deep expertise in this market. It has implemented a relationship-based approach to banking that has garnered a strong market share in San Antonio. Cullen/Frost is also expanding into Houston, Dallas, and Austin market regions through branch openings. The bank's sweet spot is small to medium-size Texas-based commercial clients.
1977
5.9K+
LTM Revenue $2.2B
Last FY EBITDA n/a
$8.5B
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Frost Bank has a last 12-month revenue (LTM) of $2.2B and a last 12-month EBITDA of n/a.
In the most recent fiscal year, Frost Bank achieved revenue of $2.1B and an EBITDA of n/a.
Frost Bank expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Frost Bank valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | XXX | $2.1B | XXX | XXX | XXX |
| Gross Profit | $2.2B | XXX | n/a | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | n/a | XXX | XXX | XXX |
| EBITDA | n/a | XXX | n/a | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | n/a | XXX | XXX | XXX |
| EBIT | $757M | XXX | n/a | XXX | XXX | XXX |
| EBIT Margin | 35% | XXX | n/a | XXX | XXX | XXX |
| Net Profit | $585M | XXX | $583M | XXX | XXX | XXX |
| Net Margin | 27% | XXX | 28% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Frost Bank's stock price is $127.
Frost Bank has current market cap of $8.2B, and EV of $8.5B.
See Frost Bank trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $8.5B | $8.2B | XXX | XXX | XXX | XXX | $9.05 |
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Start Free TrialAs of May 30, 2025, Frost Bank has market cap of $8.2B and EV of $8.5B.
Frost Bank's trades at 4.1x EV/Revenue multiple, and n/a EV/EBITDA.
Equity research analysts estimate Frost Bank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Frost Bank has a P/E ratio of 13.9x.
See valuation multiples for Frost Bank and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $8.2B | XXX | $8.2B | XXX | XXX | XXX |
| EV (current) | $8.5B | XXX | $8.5B | XXX | XXX | XXX |
| EV/Revenue | 3.9x | XXX | 4.1x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | n/a | XXX | XXX | XXX |
| EV/EBIT | 11.3x | XXX | n/a | XXX | XXX | XXX |
| EV/Gross Profit | 3.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | 13.9x | XXX | 14.0x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | 9.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialFrost Bank's last 12 month revenue growth is 4%
Frost Bank's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged n/a for the same period.
Frost Bank's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Frost Bank's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Frost Bank and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | n/a | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | n/a | XXX | n/a | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | n/a | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | n/a | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Abu Dhabi Commercial Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Abu Dhabi Islamic Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| First Abu Dhabi Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| National Bank of Fujairah | XXX | XXX | XXX | XXX | XXX | XXX |
| RAKBANK | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Frost Bank acquired XXX companies to date.
Last acquisition by Frost Bank was XXXXXXXX, XXXXX XXXXX XXXXXX . Frost Bank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Frost Bank founded? | Frost Bank was founded in 1977. |
| Where is Frost Bank headquartered? | Frost Bank is headquartered in United States of America. |
| How many employees does Frost Bank have? | As of today, Frost Bank has 5.9K+ employees. |
| Who is the CEO of Frost Bank? | Frost Bank's CEO is Mr. Phillip D. Green. |
| Is Frost Bank publicy listed? | Yes, Frost Bank is a public company listed on NYS. |
| What is the stock symbol of Frost Bank? | Frost Bank trades under CFR ticker. |
| When did Frost Bank go public? | Frost Bank went public in 1986. |
| Who are competitors of Frost Bank? | Similar companies to Frost Bank include e.g. Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, First Abu Dhabi Bank, National Bank of Fujairah. |
| What is the current market cap of Frost Bank? | Frost Bank's current market cap is $8.2B |
| What is the current revenue of Frost Bank? | Frost Bank's last 12 months revenue is $2.2B. |
| What is the current revenue growth of Frost Bank? | Frost Bank revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Frost Bank? | Current revenue multiple of Frost Bank is 3.9x. |
| Is Frost Bank profitable? | Yes, Frost Bank is EBITDA-positive (as of the last 12 months). |
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