First Financial Bankshares
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 Financial Bankshares generated cash of $284,822,000, which is less than the previous year. Cash used in financing activities reached the amount of -$206,201,000 last year. Net change in cash is therefore $205,913,000.
Cash Flow
| 2014 | 131.40M | -575.20M | 485.26M |
|---|---|---|---|
| 2015 | 109.09M | -384.22M | 294.54M |
| 2016 | 160.74M | -251.96M | 74.81M |
| 2017 | 190.27M | -398.04M | 323.63M |
| 2018 | 188.98M | -275.92M | -36.76M |
| 2019 | 204.11M | -449.46M | 279.30M |
| 2020 | 210.66M | -1.26B | 1.49B |
| 2021 | 353.23M | -2.61B | 2.05B |
| 2022 | 323.94M | -838.00M | 315.82M |
| 2023 | 284.82M | 127.29M | -206.20M |
FFIN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 330.67M | 528.58M | 729.08M | 282.60M | 248.64M | 372.34M | 256.48M | 272.88M | 253.47M | 212.01M |
Operating activities | ||||||||||
Net income | 198.97M | 234.47M | 227.56M | 202.03M | 164.81M | 150.63M | 120.37M | 104.77M | 100.38M | 89.55M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 22.04M | 12.76M | 13.06M | 12.79M | 11.66M | 12.54M | 12.91M | 11.57M | 11.14M | 9.26M |
Stock-based compensation expense | 4.25M | 3.95M | 3.24M | 3.31M | 3.10M | 2.74M | 2.79M | 1.54M | 845K | 709K |
| Deferred income tax benefit | 4.25M | 3.95M | 3.24M | 3.31M | 3.10M | 2.74M | 2.79M | 1.54M | 845K | 709K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 284.82M | 323.94M | 353.23M | 210.66M | 204.11M | 188.98M | 190.27M | 160.74M | 109.09M | 131.40M |
Investing activities | ||||||||||
Purchases Of Investments | -4.00B | -4.38B | -10.88B | -7.11B | -4.72B | -3.73B | -4.76B | -3.73B | -3.05B | -3.24B |
Investments In Property Plant And Equipment | -17.25M | -15.78M | -19.20M | -16.45M | -8.67M | -17.64M | -14.16M | -20.39M | -17.43M | -17.41M |
Acquisitions Net | 0 | 1.18M | 823K | 61.02M | 2.24M | 18.65M | 6.08M | 3.57M | 63.26M | 0 |
Cash generated by investing activities | 127.29M | -838.00M | -2.61B | -1.26B | -449.46M | -275.92M | -398.04M | -251.96M | -384.22M | -575.20M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 5.90M | 4.71M | 4.29M | 3.86M | 2.93M | 1.26M | 1.54M | 1.43M |
Payments for dividends | -99.96M | -91.31M | -79.71M | -70.31M | -61.05M | -53.86M | -48.95M | -44.90M | -38.76M | -34.57M |
Repurchases of common stock | -2.73M | -9.44M | -246.96M | -8.00M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -238.42M | -28.64M | -241.05M | -48.73M | -87.35M | -137.70M | -114.77M | -169.90M | 235.44M | -96.77M |
Cash used in financing activities | -206.20M | 315.82M | 2.05B | 1.49B | 279.30M | -36.76M | 323.63M | 74.81M | 294.54M | 485.26M |
Net Change In Cash | 205.91M | -197.91M | -200.49M | 446.48M | 33.95M | -123.7M | 115.86M | -16.4M | 19.41M | 41.45M |
Cash at end of period | 536.59M | 330.67M | 528.58M | 729.08M | 282.60M | 248.64M | 372.34M | 256.48M | 272.88M | 253.47M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |