Bankwell Financial Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Bankwell Financial Group generated cash of $31,927,000, which is less than the previous year. Cash used in financing activities reached the amount of -$70,147,000 last year. Net change in cash is therefore -$86,522,000.
Cash Flow
| 2014 | 9.17M | -238.69M | 196.07M |
|---|---|---|---|
| 2015 | 14.23M | -194.62M | 220.43M |
| 2016 | 17.77M | -292.09M | 282.07M |
| 2017 | 20.57M | -194.46M | 148.26M |
| 2018 | 19.97M | -74.61M | 62.01M |
| 2019 | 6.63M | 18.68M | -25.37M |
| 2020 | -1.51M | -21.94M | 355.00M |
| 2021 | 34.55M | -270.02M | 170.55M |
| 2022 | 82.66M | -811.16M | 739.49M |
| 2023 | 31.92M | -48.30M | -70.14M |
BWFG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 355.67M | 344.68M | 409.59M | 78.05M | 78.11M | 70.73M | 96.35M | 88.59M | 48.55M | 82.01M |
Operating activities | ||||||||||
Net income | 36.66M | 37.42M | 26.58M | 5.90M | 18.21M | 17.43M | 13.83M | 12.35M | 9.03M | 4.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 3.62M | 3.36M | 3.58M | 3.27M | 3.37M | 1.73M | 1.51M | 1.72M | 1.68M | 1.23M |
Stock-based compensation expense | 3.07M | 2.36M | 1.83M | 1.77M | 1.02M | 1.29M | 917K | 1.18M | 1.03M | 573K |
| Deferred income tax benefit | 3.07M | 2.36M | 1.83M | 1.77M | 1.02M | 1.29M | 917K | 1.18M | 1.03M | 573K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -5.55M | -933K | -620K | 416K | -465K | -952K | -887K | -748K | -619K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 31.92M | 82.66M | 34.55M | -1.51M | 6.63M | 19.97M | 20.57M | 17.77M | 14.23M | 9.17M |
Investing activities | ||||||||||
Purchases Of Investments | -9.89M | -37.23M | -33.59M | -20.67M | -12.31M | -26.38M | -75.30M | -117.32M | 0 | -53.77M |
Investments In Property Plant And Equipment | -2.04M | -4.95M | -5.5M | -3.33M | -645K | -3.35M | -1.87M | -8.40M | -938K | -2.04M |
Acquisitions Net | 0 | 0 | 4.25M | 3.33M | -1.56M | -67.93M | -177.00M | -218.60M | 0 | 2.54M |
Cash generated by investing activities | -48.30M | -811.16M | -270.02M | -21.94M | 18.68M | -74.61M | -194.46M | -292.09M | -194.62M | -238.69M |
Financing activities | ||||||||||
Common Stock Issued | 155K | 0 | 53K | 16K | 0 | 936K | 2.03M | 200K | 3.78M | 44.70M |
Payments for dividends | -6.24M | -6.18M | -5.02M | -4.38M | -4.07M | -3.75M | -2.14M | -1.66M | -501K | -110K |
Repurchases of common stock | 0 | -5.54M | -5.07M | -1.03M | -988K | 0 | 0 | 0 | -10.98M | 0 |
Repayments of term debt | 0 | 74.35M | -150.5M | -25M | -10M | -39M | 39M | -40M | 16M | -7M |
Cash used in financing activities | -70.14M | 739.49M | 170.55M | 355.00M | -25.37M | 62.01M | 148.26M | 282.07M | 220.43M | 196.07M |
Net Change In Cash | -86.52M | 10.99M | -64.91M | 331.54M | -61K | 7.38M | -25.62M | 7.75M | 40.03M | -33.45M |
Cash at end of period | 269.15M | 355.67M | 344.68M | 409.59M | 78.05M | 78.11M | 70.73M | 96.35M | 88.59M | 48.55M |
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