CULLEN/FROST BANKERS, INC. (CFR) › Shareholders' EquityCULLEN/FROST BANKERS, INC. (CFR) — Shareholders' EquityAnnual figures by fiscal year, from SEC filings.2007: $1.48B2008: $1.76B2009: $1.89B2010: $2.06B2011: $2.28B2012: $2.42B2013: $2.51B2014: $2.85B2015: $2.89B2016: $3.00B2017: $3.30B2018: $3.37B2019: $3.91B2020: $4.29B2021: $4.44B2022: $3.14B2023: $3.72B2024: $3.90B2025: $4.57B$4.57B2007Shareholders' Equity (USD)2025Fiscal YearShareholders' EquityChange YoY2025$4.57B+17.3%2024$3.90B+4.9%2023$3.72B+18.5%2022$3.14B-29.3%2021$4.44B+3.4%2020$4.29B+9.7%2019$3.91B+16.1%2018$3.37B+2.2%2017$3.30B+9.8%2016$3.00B+3.9%2015$2.89B+1.4%2014$2.85B+13.4%2013$2.51B+4.0%2012$2.42B+5.9%2011$2.28B+10.8%2010$2.06B+8.8%2009$1.89B+7.4%2008$1.76B+19.4%2007$1.48B—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share