What is the Frost Bank Net Worth/ Market Cap in 2024: Finance Performance Overview

What is the Frost Bank Net Worth/ Market Cap in 2024: Finance Performance Overview

Frost Bank net worth and market cap in 2024 are critical for understanding its position in the financial sector. Join Ando Money as we explore Frost’s assets, liabilities, revenue streams, and financial performance.

Quick Facts

NameFrost Bank
Full NameCullen/Frost Bankers, Inc.
Traded asNYSE: CFR
FoundersThomas Claiborne Frost
Country/TerritoryUnited States
HeadquartersSan Antonio, Texas
Chief Executive OfficerPhillip Green
Number of Employees4,700
Market Cap$6.65 billion
Total Assets$47 billion
Total Equity$3.6 billion
Revenue$585 million (Q1 2024)
Net Income$135 million (Q1 2024)

What is the Net Worth/ Market Cap Of Frost Bank in 2024?

What is the Net Worth/ Market Cap Of Frost Bank in 2024?

Frost Bank’s market capitalization in 2024 is estimated at $6.65 billion. This positions it well in the competitive financial sector.

When compared to other major US financial institutions, Frost’s market cap is notable but not the largest. For instance, Bank OZK has a market cap of $4.82 billion, while South State Bank is valued at $4.21 billion.

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On the higher end, JPMorgan Chase boasts a staggering market cap of $491.76 billion. These comparisons highlight Frost’s solid standing in the industry, balancing between smaller regional banks and the financial giants.

Frost Bank Financial Performance Overview

Frost Bank Financial Performance Overview

Analyzing Frost’s Assets

Frost Bank’s assets provide a clear picture of its financial health and operational capacity. As of the first quarter of 2024, the bank reported total assets worth $47 billion.

This includes a mix of cash and due from banks, interest-bearing deposits, and various securities. The bank’s cash and cash equivalents alone total $8.5 billion, showcasing its strong liquidity position.

Additionally, Frost holds $19.4 billion in loans, indicating a robust lending portfolio. The bank’s investment in securities is also significant, with $3.6 billion in held-to-maturity securities and $15.2 billion in available-for-sale securities.

Liabilities and Their Impact

Frost’s liabilities, which include $40.8 billion in deposits, play a crucial role in its financial structure. Non-interest-bearing demand deposits amount to $13.8 billion, while interest-bearing deposits total $27.1 billion.

This substantial deposit base reflects customer confidence and trust in the bank’s stability. Other liabilities include $41.2 million in federal funds purchased and $3.9 billion in repurchase agreements.

These liabilities influence the bank’s operational strategies and financial planning, ensuring it meets its obligations while supporting growth initiatives.

Shareholder Equity

The bank’s shareholder equity, at $3.6 billion, represents the residual interest in the assets of the bank after deducting liabilities.

This equity is composed of $145 million in preferred stock, $644,000 in common stock, and significant retained earnings of $3.7 billion.

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Shareholder equity is a critical indicator of the bank’s financial resilience and capacity to absorb potential losses, which is crucial for maintaining investor confidence.

Revenue Streams and Income Sources

Frost generates revenue from diverse sources. The primary source of income is interest income, which totaled $585 million in the first quarter of 2024.

This income comes from loans, securities, and other interest-earning assets. Non-interest income also contributes significantly, with $111 million coming from trust and investment management fees, service charges on deposit accounts, insurance commissions, and other fees.

This diversified income stream helps the bank manage risk and maintain steady growth.

Expense Analysis and Profitability

Managing expenses is vital for Frost’s profitability. The bank incurred total interest expenses of $195 million in Q1 2024.

Non-interest expenses, including salaries and wages, employee benefits, and occupancy costs, amounted to $326 million.

Despite these substantial expenses, the bank reported a net income of $135 million, highlighting its effective cost management and operational efficiency.

Loan Portfolio and Credit Quality

Frost’s loan portfolio is a cornerstone of its financial operations. The total loans, net of unearned discounts, stand at $19.4 billion.

This portfolio includes commercial, real estate, and consumer loans. Credit quality is carefully monitored, with non-accrual loans reported at $71 million and past-due loans totaling $169 million.

The allowance for credit losses on loans is $250 million, reflecting prudent risk management practices.

Investment and Securities Holdings

The bank’s investment strategy is evident in its securities holdings. Frost has $1.2 billion in mortgage-backed securities held to maturity and $15.2 billion in available-for-sale securities.

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These investments are primarily in U.S. Treasury securities, residential mortgage-backed securities, and state and political subdivisions. The performance of these securities impacts the bank’s overall financial health and market valuation.

Market Risk and Regulatory Compliance

Frost actively manages market risks and adheres to regulatory requirements. The bank’s risk management framework includes monitoring economic conditions, interest rates, and regulatory changes.

Compliance with regulations such as the Securities Exchange Act and guidelines from the Federal Reserve ensures the bank operates within legal and financial standards, safeguarding its market position and reputation.

Strategic Initiatives and Future Outlook

Looking ahead, Frost Bank continues to focus on strategic initiatives aimed at growth and market expansion.

These include enhancing digital banking services, expanding its loan portfolio, and investing in technology to improve operational efficiency.

The bank’s future outlook is positive, with projections indicating continued growth in assets, revenue, and net worth.

This forward-looking approach positions Frost to navigate industry challenges and capitalize on emerging opportunities.

FAQs about Frost Bank

FAQs about Frost Bank

When was Frost Bank founded?

The bank was founded in 1868 in San Antonio, Texas.

Who is the CEO of Frost Bank?

Phillip Green is the CEO of Frost.

Where is Frost Bank headquartered?

The bank is headquartered in San Antonio, Texas.

What type of services does Frost provide?

Frost offers personal banking, business banking, investments, and insurance.

What are Frost Bank’s subsidiaries?

Subsidiaries include New Galveston Company, Frost Insurance Agency, and Alamo Bank of Texas.

What is Frost’s approach to community involvement?

Frost is committed to community involvement through philanthropic initiatives in education, healthcare, and culture.

How does Frost ensure customer satisfaction?

The bank focuses on personalized service and innovative banking solutions, earning numerous accolades for customer satisfaction.

What kind of technological advancements does Frost utilize?

Frost uses innovative technology such as robust online and mobile banking platforms.

What recognition has Frost received?

Frost has been named one of the World’s Most Admired Companies by Fortune Magazine.

How does Frost support small businesses?

The bank offers specialized banking and financial solutions for small businesses.


Frost Bank stands out among the largest banks globally. Leave a comment, share your thoughts, or explore more content on AndoMoney.com. Your insights matter!

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