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Cullen/Frost Bankers (Cullen/Frost Bankers) Scaled Net Operating Assets : -0.39 (As of Mar. 2024)


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What is Cullen/Frost Bankers Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cullen/Frost Bankers's operating assets for the quarter that ended in Mar. 2024 was $25,943.97 Mil. Cullen/Frost Bankers's operating liabilities for the quarter that ended in Mar. 2024 was $45,644.57 Mil. Cullen/Frost Bankers's Total Assets for the quarter that ended in Dec. 2023 was $50,845.04 Mil. Therefore, Cullen/Frost Bankers's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.39.

Cullen/Frost Bankers Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cullen/Frost Bankers's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(42242.412-46905.973)/52892.376
=-0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50845.038 - 8602.626
=42242.412

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47128.591 - 222.618 - 0
=46905.973

Cullen/Frost Bankers's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(25943.974-45644.573)/50845.038
=-0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=49505.424 - 23561.45
=25943.974

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45867.244 - 222.671 - 0
=45644.573

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cullen/Frost Bankers (Cullen/Frost Bankers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cullen/Frost Bankers Inc (NYSE:CFRpA.CL.PFD) » Definitions » Scaled Net Operating Assets
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CMA CBSH WAL BPOP PNFP ZION WTFC PB WBS SSB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
CFRpB.PFD:USA CFR:USA CFZ:Germany CFZ:Germany
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Website
https://www.frostbank.com
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.