Cullen/Frost Bankers, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 31.4% | 27.0% |
| FY2017 | — | 36.2% | 30.3% |
| FY2018 | — | 46.0% | 34.7% |
| FY2019 | — | 46.0% | 32.4% |
| FY2020 | — | 27.5% | 23.0% |
| FY2021 | — | 37.4% | 32.3% |
| FY2022 | — | 50.3% | 34.1% |
| FY2023 | — | 69.0% | 30.1% |
| FY2024 | — | 33.7% | 28.2% |
| FY2025 | — | 34.5% | 29.0% |