Cullen/frost Bankers annual net debt
2019
2020
2021
2022
2023
2024
2025
Cullen/frost Bankers Net Debt Growth & History (CFR)
Cullen/frost Bankers's net debt was −$8.58B for fiscal 2025.
View full Cullen/frost Bankers company overviewCullen/frost Bankers annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$8.58B | $1.43B | — |
| 2024 | 2024-12-31 | −$10.01B | −$1.55B | — |
| 2023 | 2023-12-31 | −$8.46B | $3.34B | — |
| 2022 | 2022-12-31 | −$11.81B | $4.46B | — |
| 2021 | 2021-12-31 | −$16.27B | −$6.30B | — |
| 2020 | 2020-12-31 | −$9.97B | −$6.50B | — |
| 2019 | 2019-12-31 | −$3.46B | — | — |
Cullen/frost Bankers quarterly net debt
Q4.19
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q3.22
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$6.24B | $649.1M | — |
| Q1 2026 | 2026-03-31 | −$6.92B | — | — |
| Q4 2025 | 2025-12-31 | −$8.58B | — | — |
| Q3 2025 | 2025-09-30 | −$7.72B | — | — |
| Q2 2025 | 2025-06-30 | −$6.89B | — | — |
| Q3 2022 | 2022-09-30 | −$13.31B | $2.63B | — |
| Q4 2021 | 2021-12-31 | −$16.27B | −$6.30B | — |
| Q3 2021 | 2021-09-30 | −$15.94B | — | — |
| Q2 2021 | 2021-06-30 | −$14.87B | — | — |
| Q1 2021 | 2021-03-31 | −$11.48B | — | — |
| Q4 2020 | 2020-12-31 | −$9.97B | −$6.50B | — |
| Q4 2019 | 2019-12-31 | −$3.46B | — | — |
Cullen/frost Bankers net debt trends
Over the last five fiscal years, Cullen/frost Bankers's net debt increased from −$9.97B to −$8.58B, a change of $1.39B. The latest reported quarter, Q2 2026, shows −$6.24B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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