Cullen/Frost Bankers, Inc. CFR Cash Flow

Cullen/frost bankers, inc. (CFR)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Operating Activities:
Net income
381	443	459	465	464	454	436	411	385	364	347	334	320	304	278	274	275	279	293	295	288	277	267	250	243	237	235	233	232	237	233	229	226	217	215	215	212	208	0	0	0
Adjustments to reconcile net income to net cash from operating activities:
Credit loss expense
197	33	29	23	25	21	25	34	34	35	36	30	31	51	76	78	72	51	22	15	17	16	17	22	21	20	18	16	14	10	5	12	19	27	38	39	39	43	0	0	0
Deferred tax expense (benefit)
-17	7	12	29	41	52	34	12	0	-14	-9	-6	-11	-11	-18	-21	-19	-19	-9	-7	-5	-4	-4	0	3	3	-1	-4	-5	-6	3	3	5	8	5	6	4	4	0	0	0
Accretion of loan discounts
15	15	15	14	14	14	14	15	15	16	15	14	15	15	15	15	14	14	14	14	14	14	13	14	13	12	11	11	16	10	31	24	12	12	-13	-11	-11	-11	0	0	0
Securities premium amortization (discount accretion), net
-118	-115	-111	-108	-104	-100	-97	-95	-92	-89	-87	-84	-81	-79	-78	-77	-76	-73	-71	-68	-64	-61	-55	-52	-47	-41	-36	-30	-25	-21	-18	-15	-13	-11	-9	-8	-7	-8	0	0	0
Net (gain) loss on securities transactions
109	0	0	0	-0	-0	-0	-4	-4	-4	-4	0	0	14	14	14	14	0	0	0	0	0	1	1	1	1	4	4	4	4	-0	6	5	6	6	0	0	0	0	0	0
Depreciation and amortization
56	54	51	51	50	50	49	48	47	47	48	48	48	48	46	45	44	42	41	40	40	39	39	38	38	38	38	37	37	37	37	38	37	37	37	37	37	37	0	0	0
Net (gain) loss on sale/write-down of assets/foreclosed assets
0	5	5	4	5	5	8	8	8	4	5	4	3	3	1	1	1	1	0	1	0	-0	-1	-1	-0	-3	-3	-5	-7	-4	-4	-4	-3	-4	-5	-5	-5	-5	0	0	0
Stock-based compensation
14	15	15	15	14	13	13	13	13	13	12	12	12	11	13	12	12	12	13	13	12	12	11	11	11	11	12	12	12	12	13	13	14	15	14	15	15	14	0	0	0
Tax deficiency from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	0	0
Net tax benefit from stock-based compensation
-2	-2	-2	-1	-2	-3	-6	-6	-7	-9	-9	-10	-8	-5	-2	-2	-1	-1	-6	-4	-4	-3	2	3	3	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earnings on life insurance policies
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	3	3	3	3	4	4	4	4	4	4	4	4	4	0	0	0
Net change in:
Trading account securities
14	0	4	1	2	2	1	-1	1	3	3	7	0	0	-0	0	1	1	0	0	0	-0	-0	-2	-8	-14	0	0	5	16	-1	2	-3	-1	0	-1	4	-1	0	0	0
Lease right-of-use assets
20	20	14	9	4	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Student loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	0	0	0
Accrued interest receivable and other assets
129	15	29	61	76	85	84	78	87	55	8	0	-18	7	44	-25	-52	13	-12	103	124	73	63	0	2	7	-6	17	-15	-48	3	23	1	15	-113	-123	-86	-69	0	0	0
Accrued interest payable and other liabilities
234	-18	49	-18	-108	-24	93	81	148	71	-42	-37	-48	-5	-27	-0	-9	-13	41	-1	-8	-27	-57	-50	-58	-170	-196	-194	-161	-30	-14	8	5	-10	-14	-3	1	22	0	0	0
Net cash from operating activities
736	634	687	600	497	562	642	603	619	538	458	446	437	437	371	458	470	394	473	305	272	289	248	307	291	173	131	99	152	299	284	276	305	274	401	432	410	424	0	0	0
Investing Activities:
Securities held-to-maturity - Purchases
650	649	0	0	0	1	1	1	1	0	0	0	0	0	0	0	0	-	-	-	-	0	0	36	123	257	0	0	0	-	-	-	-	83	0	0	0	-	-	-	-
Securities held to maturity: Sales
-	-	-	-	-	-	-	-	-	-	1	1	1	136	135	135	135	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities held to maturity: Maturities, calls and principal repayments
99	81	69	177	144	300	302	331	362	783	781	698	678	228	229	270	263	209	208	213	206	153	153	48	48	14	14	11	9	2	0	0	0	0	0	0	0	0	0	0	0
Securities available for sale:
Purchases
22,468	23,306	13,023	11,292	16,471	18,191	19,374	16,157	16,309	13,529	15,478	23,731	16,071	16,419	18,383	14,731	14,189	14,147	16,528	17,111	19,639	19,484	10,849	5,571	7,297	11,178	9,971	10,177	11,841	18,328	20,041	19,618	13,541	8,752	6,385	6,992	10,321	11,194	0	0	0
Sales
18,826	18,660	11,203	9,207	14,766	16,806	16,807	14,606	14,948	11,963	14,801	22,034	13,787	14,847	17,002	13,519	13,519	12,683	13,220	12,373	12,375	12,151	5,210	1,562	5,557	10,056	9,097	9,095	11,100	16,587	15,987	16,026	10,024	5,587	5,587	5,548	8,546	9,997	0	0	0
Maturities, calls and principal repayments
5,155	4,694	1,047	821	280	221	1,226	1,272	1,283	1,328	348	334	351	335	348	352	377	658	1,171	2,188	4,195	4,987	4,515	4,064	2,154	1,311	1,648	1,189	1,176	1,073	759	672	798	729	738	758	793	893	0	0	0
Proceeds from sale of loans
11	24	24	26	34	21	21	18	0	0	0	0	30	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in loans
993	693	859	798	1,103	1,008	1,160	1,239	1,200	1,187	1,141	944	698	538	274	234	329	500	610	719	788	800	773	782	602	317	519	766	1,060	1,241	735	450	138	-70	96	55	-95	-176	0	0	0
Net cash (paid) received in acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-830	-828	-828	1	1	0	0	0	7	0	0	0	-	-	-	-	-	-	-	-
Benefits received on life insurance policies
0	0	0	0	0	-	-	-	-	0	0	0	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of premises and equipment
3	8	8	5	6	13	15	15	14	4	58	58	58	58	3	4	4	2	0	0	0	0	2	2	5	18	17	17	17	5	3	3	0	1	1	1	1	1	0	0	0
Purchases of premises and equipment
194	206	190	132	106	79	67	65	44	34	44	44	52	53	60	73	102	147	170	184	170	131	95	65	45	39	29	27	23	24	23	30	31	26	30	22	15	16	0	0	0
Proceeds from sales of repossessed properties
0	0	2	2	3	3	1	1	0	0	0	0	0	0	0	1	1	4	6	11	12	11	10	7	7	8	11	10	13	15	17	19	19	18	13	13	13	19	0	0	0
Net cash from investing activities
-210	-1,386	-1,717	-1,982	-2,445	-1,913	-2,226	-1,217	-946	-670	-674	-1,591	-1,914	-1,373	-968	-726	-320	-1,238	-2,701	-3,228	-2,976	-2,282	-997	58	-297	-385	-227	-1,105	-979	-2,155	-4,038	-3,399	-2,900	-2,455	-282	-848	-1,221	-399	0	0	0
Financing Activities:
Net change in deposits
1,846	490	734	-11	-382	276	-54	382	535	1,060	1,295	1,326	1,985	1,467	783	446	7	207	833	1,324	1,459	1,823	1,887	1,814	2,021	1,191	1,733	1,801	2,134	2,740	2,181	2,172	2,199	2,277	1,533	1,151	975	1,166	0	0	0
Net change in short-term borrowings
-56	327	116	342	194	219	85	52	137	170	193	191	201	83	172	140	89	90	51	-20	38	84	-56	12	5	107	-14	-106	-126	-161	-57	81	83	246	227	135	72	-6	0	0	0
Redemption of preferred stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of subordinated notes
-	-	-	-	-	-	-	-	-	98	98	98	98	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on subordinated notes
-	-	-	-	-	-	-	-	-	100	100	100	100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	150	150	150	150	12	18	18	0	0	0
Proceeds from stock option exercises
17	20	18	14	17	31	48	49	62	67	76	119	103	78	50	9	14	14	15	17	12	29	29	54	65	68	65	37	25	10	10	7	7	7	17	22	28	38	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2	3	3	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
82	68	168	151	101	101	1	101	101	101	101	1	1	1	0	0	0	-	-	-	-	-	-	-	-	144	0	0	0	-	-	-	-	2	2	2	0	0	0	0	0
Accelerated share repurchase forward contract
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on preferred stock
8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8	6	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Common stock/treasury stock sold to the 401(k) stock purchase plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0
Cash dividends paid on common stock
179	177	174	173	171	165	159	152	146	144	142	139	136	134	133	132	132	132	131	130	128	127	125	123	121	119	118	118	117	116	115	114	112	112	111	110	109	108	0	0	0
Net cash from financing activities
1,387	585	518	11	-451	253	-88	222	479	1,044	1,312	1,486	2,142	1,486	838	364	-130	71	682	1,170	1,371	1,800	1,729	1,753	1,965	1,243	1,663	1,612	1,916	2,472	2,018	1,997	2,025	2,267	1,516	1,187	950	1,074	0	0	0
Net change in cash and cash equivalents
1,914	-167	-511	-1,370	-2,399	-1,097	-1,672	-390	151	911	1,096	341	665	549	240	96	18	-772	-1,545	-1,752	-1,333	-192	980	2,119	1,959	1,031	1,567	606	1,089	617	-1,735	-1,125	-569	86	1,634	771	138	1,099	0	0	0