Cullen (CFR) Operating Expenses (2009 - 2026)
Cullen's (CFR) quarterly Operating Expenses came in at $365.7 million in Q1 2026, up 5.06% year-on-year from $348.1 million in Q1 2025, and down 1.61% quarter-over-quarter from $371.7 million in Q4 2025.
Cullen (CFR) Operating Expenses (2009 - 2026) Analysis & Trends
Cullen has disclosed Operating Expenses across 18 years of filings, most recently posting $365.7 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $365.7 million, up 5.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 8.48% YoY), and the FY2025 annual result was $1.4 billion, up 8.95% from the prior year.
- Operating Expenses came in at $365.7 million for Q1 2026 at Cullen, down from $371.7 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.
- The 5-year median for Operating Expenses is $323.4 million (2024), against an average of $314.2 million.
- Across the five-year window, Operating Expenses gained 29.84% in 2023 and dropped 7.96% in 2024, its largest moves.
- Cullen's 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 retreated by 1.61% to $365.7 million in 2026.
- The last three Operating Expenses figures came in at $365.7 million (Q1 2026), $371.7 million (Q4 2025), and $352.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Cullen | 9.34 Bn | 2.16 Bn | - | 365.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 215.25 Mn |