Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Cullen/Frost Bankers, Inc. (CFR)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$217.40 - $535.55$324.76
Multi-Stage$164.70 - $179.87$172.15
Blended Fair Value$248.45
Current Price$126.77
Upside95.99%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.49%6.66%3.773.623.262.942.812.752.572.242.102.06
YoY Growth--4.36%10.75%11.12%4.54%2.02%6.99%14.76%6.87%2.07%3.92%
Dividend Yield--3.01%3.23%3.10%2.12%2.58%4.94%2.58%2.12%2.36%3.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)637.16
(-) Cash Dividends Paid (M)252.80
(=) Cash Retained (M)384.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)127.4379.6447.79
Cash Retained (M)384.36384.36384.36
(-) Cash Required (M)-127.43-79.64-47.79
(=) Excess Retained (M)256.93304.72336.57
(/) Shares Outstanding (M)64.2664.2664.26
(=) Excess Retained per Share4.004.745.24
LTM Dividend per Share3.933.933.93
(+) Excess Retained per Share4.004.745.24
(=) Adjusted Dividend7.938.689.17
WACC / Discount Rate8.90%8.90%8.90%
Growth Rate5.07%6.07%7.07%
Fair Value$217.40$324.76$535.55
Upside / Downside71.49%156.18%322.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)637.16675.81716.80760.28806.39855.31880.97
Payout Ratio39.68%49.74%59.81%69.87%79.94%90.00%92.50%
Projected Dividends (M)252.80336.15428.68531.21644.59769.78814.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.90%8.90%8.90%
Growth Rate5.07%6.07%7.07%
Year 1 PV (M)305.77308.68311.59
Year 2 PV (M)354.70361.48368.33
Year 3 PV (M)399.80411.33423.07
Year 4 PV (M)441.29458.33475.87
Year 5 PV (M)479.37502.62526.76
PV of Terminal Value (M)8,601.959,019.189,452.44
Equity Value (M)10,582.8811,061.6211,558.06
Shares Outstanding (M)64.2664.2664.26
Fair Value$164.70$172.15$179.87
Upside / Downside29.92%35.79%41.89%

High-Yield Dividend Screener

« Prev Page 46 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ATCOLAtlas Corp.3.53%$0.8930.47%
AWC-R.BKAsset World Corp Public Company Limited3.53%$0.0737.62%
CCRO3.SACCR S.A.3.53%$0.4866.57%
HMU.DEHMS Bergbau AG3.53%$1.6929.89%
RAUTE.HERaute Oyj3.53%$0.5226.97%
RWE.DERWE AG3.53%$1.6646.76%
SNL.AXSupply Network Limited3.53%$1.1367.28%
0NHS.LNutrien Ltd.3.52%$2.1858.76%
CELL.MICellularline S.p.A.3.52%$0.0934.70%
INFREA.STInfrea AB3.52%$0.5067.57%
ISSP.JKPT Steel Pipe Industry of Indonesia Tbk3.52%$15.0019.85%
MGAMagna International Inc.3.52%$1.9252.47%
PARP.PAGroupe Partouche S.A.3.52%$0.6438.61%
PKI.TOParkland Corporation3.52%$1.4073.81%
SMU.SNSMU S.A.3.52%$5.4946.99%
161390.KSHankook Tire & Technology Co., Ltd.3.51%$2,000.0025.86%
300360.SZHangzhou Sunrise Technology Co., Ltd.3.51%$0.6152.03%
5106.KLAxis Real Estate Investment Trust3.51%$0.0756.99%
601128.SSJiangsu Changshu Rural Commercial Bank Co., Ltd.3.51%$0.2519.56%
INTP.JKPT Indocement Tunggal Prakarsa Tbk3.51%$259.8143.04%
RATO-A.STRatos AB (publ)3.51%$1.3512.15%
002887.SZTianjin LVYIN Landscape and Ecology Construction Co., Ltd3.50%$0.3384.50%
603062.SSMEGA P&C Advanced Materials (Shanghai) Company Limited3.50%$1.6674.27%
CMCLCaledonia Mining Corporation Plc3.50%$0.9235.87%
DLODLocal Limited3.50%$0.4987.74%
LAZLazard Ltd3.50%$1.7467.48%
TWL.MITraWell Co S.p.A.3.50%$0.2128.69%
WJP.SIVICOM Ltd3.50%$0.0666.95%
005610.KSSPC Samlip Co., Ltd.3.49%$1,803.3945.19%
0RFL.LVAT Group AG3.49%$12.5088.50%
2030.HKCabbeen Fashion Limited3.49%$0.0563.92%
5206.TWOKunyue Development Co., Ltd.3.49%$1.1821.91%
5246.KLWestports Holdings Berhad3.49%$0.2071.36%
5989.TH-One Co.,Ltd.3.49%$49.4414.49%
ACO-X.TOATCO Ltd.3.49%$1.9850.80%
CNICanadian National Railway Company3.49%$3.5050.64%
PEAB3.SACompanhia de Participações Aliança da Bahia3.49%$1.3678.68%
026960.KSDong Suh Companies Inc.3.48%$905.3362.72%
055550.KSShinhan Financial Group Co., Ltd.3.48%$2,668.7426.55%
0QK5.LINFICON Holding AG3.48%$3.4443.54%
6722.TWOWhetron Electronics Co.,Ltd.3.48%$1.9924.71%
HOLM-A.STHolmen AB (publ)3.48%$12.2366.11%
002206.SZZhejiang Hailide New Material Co.,Ltd3.47%$0.2043.30%
3004.SRNorthern Region Cement Company3.47%$0.2579.89%
4129.TWOUnited Orthopedic Corporation3.47%$3.8069.70%
600133.SSWuhan East Lake High Technology Group Co., Ltd.3.47%$0.3287.27%
601995.SSChina International Capital Corporation Limited3.47%$1.2162.35%
6471.TNSK Ltd.3.47%$33.8292.34%
CSED3.SACruzeiro do Sul Educacional S.A.3.47%$0.2130.49%
GPRA.JKPT Perdana Gapuraprima Tbk3.47%$5.0018.12%