Cullen (CFR) Operating Expenses (2009 - 2026)
Cullen's (CFR) quarterly Operating Expenses came in at $361.7 million in Q2 2026, up 4.2% year-over-year from $347.1 million in Q2 2025, and down 1.09% quarter-over-quarter from $365.7 million in Q1 2026.
Analysis
Cullen (CFR) Operating Expenses (2009 - 2026) Analysis & Trends
Cullen has disclosed Operating Expenses across 18 years of filings, most recently posting $361.7 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.2% year-over-year to $361.7 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 7.14% YoY), while the FY2025 annual figure was $1.4 billion, up 8.95% from the prior year.
- Operating Expenses came in at $361.7 million for Q2 2026 at Cullen, down from $365.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $371.7 million in Q4 2025 to a low of $238.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $316.8 million, with a median of $324.8 million recorded in 2024.
- Year-over-year, Operating Expenses advanced 29.84% in 2023 and declined 7.96% in 2024.
- Over 5 years, Operating Expenses stood at $281.3 million in 2022, then climbed by 29.84% to $365.2 million in 2023, then slipped by 7.96% to $336.2 million in 2024, then increased by 10.56% to $371.7 million in 2025, then slipped by 2.68% to $361.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $361.7 million in Q2 2026, $365.7 million in Q1 2026, and $371.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | Cullen | 10.16 Bn | 3.66 Bn | - | 361.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 361.70 Mn |
| Mar 31, 2026 | 365.69 Mn |
| Dec 31, 2025 | 371.67 Mn |
| Sep 30, 2025 | 352.48 Mn |
| Jun 30, 2025 | 347.13 Mn |
| Mar 31, 2025 | 348.07 Mn |
| Dec 31, 2024 | 336.17 Mn |
| Sep 30, 2024 | 323.41 Mn |
| Jun 30, 2024 | 316.96 Mn |
| Mar 31, 2024 | 326.22 Mn |
| Dec 31, 2023 | 365.22 Mn |
| Sep 30, 2023 | 293.26 Mn |
| Jun 30, 2023 | 285.04 Mn |
| Mar 31, 2023 | 285.14 Mn |
| Dec 31, 2022 | 281.30 Mn |
| Sep 30, 2022 | 257.90 Mn |
| Jun 30, 2022 | 246.35 Mn |
| Mar 31, 2022 | 238.73 Mn |
| Dec 31, 2021 | 238.60 Mn |
| Sep 30, 2021 | 218.00 Mn |