CULLENCFR

Market cap

$7.9B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Loans, including fees	410	398	401	415	441	434	458	535	669	742	680	675	770	1,189	1,375
Taxable	121	127	132	98	93	113	103	93	86	117	94	90	250	406	396
Tax-exempt	81	92	93	122	157	195	211	223	233	234	234	227	238	240	218
Interest-bearing deposits	5	6	4	7	11	8	16	42	57	36	13	18	216	376	397
Federal funds sold	-	-	-	-	-	-	-	-	-	-	-	0	1	1	0
Resell agreements	-	-	-	-	-	-	-	-	-	-	-	0	1	5	3
Total interest income	617	623	632	643	701	749	788	893	1,051	1,134	1,021	1,009	1,476	2,218	2,391
Deposits	30	22	18	14	11	9	7	17	75	100	32	15	140	508	629
Federal funds purchased	-	-	-	-	-	-	-	-	-	-	-	0	1	2	2
Repurchase agreements	-	-	-	-	-	-	-	-	-	-	-	2	34	136	142
Interest Expense, Junior Subordinated Debentures	7	7	7	6	2	3	3	4	5	6	4	2	4	9	9
Subordinated notes	-	-	-	-	-	-	-	-	-	-	5	5	5	5	5
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	786
Net interest income	563	582	605	621	687	737	776	866	958	1,004	976	985	1,291	1,559	1,605
Credit loss expense	-	-	-	-	-	-	-	-	-	-	241	0	3	46	65
Net interest income after credit loss expense	520	554	595	600	671	685	725	831	936	970	735	985	1,288	1,512	1,540
Trust and investment management fees	-	-	-	-	-	-	-	-	119	127	129	149	155	153	165
Service charges on deposit accounts	-	-	-	-	-	-	-	-	-	-	81	83	92	94	106
Insurance commissions and fees	34	35	40	43	45	49	47	46	49	52	50	52	53	58	61
Interchange and card transaction fees	-	-	-	-	-	-	-	-	-	-	-	17	18	19	21
Other charges, commissions and fees	-	-	-	-	-	-	-	-	37	37	35	37	42	49	53
Debt and Equity Securities, Gain (Loss)	-	-	-	-	-	-	-	-	-0	0	109	0	-	0	-0
Other	50	47	31	35	32	36	41	37	47	44	48	49	45	55	52
Total non-interest income	282	290	289	303	320	329	350	336	351	364	465	387	405	429	459
Salaries and wages	-	-	-	-	-	-	-	-	-	-	387	395	492	548	621
Employee benefits	-	-	-	-	-	-	-	-	-	-	76	82	89	115	122
Net occupancy	46	47	49	50	56	66	72	76	77	89	103	107	112	124	129
Equipment Expense	48	51	55	58	62	64	71	74	83	92	105	113	121	135	148
Deposit insurance	20	13	11	12	13	15	17	20	16	10	11	12	16	77	37
Other	124	138	139	152	168	166	179	175	174	181	166	171	194	229	244
Total non-interest expense	536	558	575	612	655	694	733	759	779	835	849	882	1,024	1,229	1,303
Income before income taxes	-	-	308	291	336	320	341	408	509	499	351	490	669	712	696
Income taxes	58	69	71	53	58	40	37	44	54	56	20	46	90	114	113
Net income	209	218	238	238	278	279	304	364	455	444	331	443	579	598	583
Preferred stock dividends	-	-	-	7	8	8	8	8	8	8	2	7	7	7	7
Net income available to common shareholders	-	-	-	231	270	271	296	356	447	436	324	436	572	591	576
Earnings Per Share, Basic	3.44	3.55	3.87	3.82	4.32	4.31	4.73	5.56	6.97	6.89	5.11	6.79	8.84	9.11	8.88
Earnings Per Share, Diluted	3.44	3.54	3.86	3.8	4.29	4.28	4.7	5.51	6.9	6.84	5.1	6.76	8.81	9.1	8.87