First Citizens BancShares
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 First Citizens BancShares generated cash of $2,660,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$4,699,000,000 last year. Net change in cash is therefore $390,000,000.
Cash Flow
| 2014 | 182.24M | -17.69M | -93.96M |
|---|---|---|---|
| 2015 | 233.05M | -1.24B | 944.85M |
| 2016 | 232.44M | -1.10B | 873.61M |
| 2017 | 351.65M | -668.67M | 113.42M |
| 2018 | 765.8M | -210.89M | -563.61M |
| 2019 | 540.56M | -1.55B | 1.06B |
| 2020 | 340.01M | -9.87B | 9.51B |
| 2021 | -283.78M | -7.56B | 7.82B |
| 2022 | 2.79B | 75M | -2.68B |
| 2023 | 2.66B | 2.42B | -4.69B |
FCNCA Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 518M | 338M | 362.04M | 376.71M | 327.44M | 336.15M | 539.74M | 534.08M | 604.18M | 533.59M |
Operating activities | ||||||||||
Net income | 11.46B | 1.09B | 547.45M | 491.72M | 457.37M | 400.31M | 323.75M | 225.48M | 210.38M | 138.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | -57M | 533M | 132.16M | 141.44M | 127.68M | 120.42M | 113.64M | 110.58M | 110.61M | 82.43M |
Stock-based compensation expense | 5M | 19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 5M | 19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | -4.15M | -10.78M | -8.89M | -7.80M | -12.78M | 6.40M |
Inventories | 0 | 0 | 0 | 0 | 4.15M | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | -1.49M | -8.68M | 14.41M | -240K | 155K | -1.91M | -2.48M | 1.45M |
Cash generated by operating activities | 2.66B | 2.79B | -283.78M | 340.01M | 540.56M | 765.8M | 351.65M | 232.44M | 233.05M | 182.24M |
Investing activities | ||||||||||
Purchases Of Investments | -13.52B | -2.74B | -12.54B | -13.84B | -5.01B | -949.95M | -3.64B | -4.08B | -2.46B | -2.51B |
Investments In Property Plant And Equipment | -1.42B | -926M | -107.36M | -133.38M | -121.07M | -140.44M | -84.79M | -81.84M | -89.73M | -82.70M |
Acquisitions Net | 810M | 134M | 424.45M | -59.99M | -236.72M | -155.12M | 304.82M | -727K | 100.89M | 182.37M |
Cash generated by investing activities | 2.42B | 75M | -7.56B | -9.87B | -1.55B | -210.89M | -668.67M | -1.10B | -1.24B | -17.69M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 339.93M | 0 | 0 | 0 | 0 | 0 | 564.24M |
Payments for dividends | -117M | -83M | -42M | -30M | -18.13M | -16.77M | -10.80M | -14.41M | -18.01M | -11.54M |
Repurchases of common stock | 0 | -1.24B | 0 | -333.75M | -453.12M | -163.09M | 0 | 0 | 0 | -46.08M |
Repayments of term debt | -4.87B | 352M | -106.71M | -183.48M | 99.01M | -752.44M | 123.36M | -11.21M | -53.84M | -54.30M |
Cash used in financing activities | -4.69B | -2.68B | 7.82B | 9.51B | 1.06B | -563.61M | 113.42M | 873.61M | 944.85M | -93.96M |
Net Change In Cash | 390M | 180M | -24.23M | -14.67M | 49.27M | -8.71M | -203.59M | 5.65M | -70.09M | 70.58M |
Cash at end of period | 908M | 518M | 337.81M | 362.04M | 376.71M | 327.44M | 336.15M | 539.74M | 534.08M | 604.18M |
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