Primis Financial Corp.
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 Primis Financial Corp. generated cash of $28,818,000, which is more than the previous year. Cash used in financing activities reached the amount of $283,632,000 last year. Net change in cash is therefore -$306,000.
Cash Flow
| 2014 | 11.48M | -89.75M | 95.73M |
|---|---|---|---|
| 2015 | 12.21M | -127.03M | 106.83M |
| 2016 | 18.02M | -95.58M | 94.62M |
| 2017 | 24.58M | -62.00M | 15.49M |
| 2018 | 41.44M | -93.69M | 55.40M |
| 2019 | 36.76M | -5.01M | -28.42M |
| 2020 | 29.66M | -204.27M | 338.86M |
| 2021 | 27.31M | 10.45M | 296.21M |
| 2022 | 13.10M | -617.51M | 152.09M |
| 2023 | 28.81M | -312.75M | 283.63M |
FRST Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 77.85M | 530.16M | 196.18M | 31.92M | 28.61M | 25.46M | 47.39M | 30.33M | 38.32M | 20.85M |
Operating activities | ||||||||||
Net income | -10.11M | 17.74M | 31.01M | 23.28M | 33.16M | 33.69M | 2.42M | 10.31M | 9.28M | 7.48M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 9.09M | 7.43M | 8.04M | 8.19M | 8.17M | 7.40M | 4.62M | 981K | 1.28M | 1.17M |
Stock-based compensation expense | 712K | 395K | 747K | 1.54M | 432K | 280K | 251K | 260K | 331K | 317K |
| Deferred income tax benefit | 712K | 395K | 747K | 1.54M | 432K | 280K | 251K | 260K | 331K | 317K |
| 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 | 28.81M | 13.10M | 27.31M | 29.66M | 36.76M | 41.44M | 24.58M | 18.02M | 12.21M | 11.48M |
Investing activities | ||||||||||
Purchases Of Investments | -15.87M | -39.44M | -160.53M | -54.13M | -60.39M | 0 | -13.19M | -46.05M | -18.27M | -23.16M |
Investments In Property Plant And Equipment | -1.92M | -1.01M | -2.45M | -1.08M | -1.10M | -1.97M | -1.42M | -143K | -307K | -897K |
Acquisitions Net | 0 | -4.55M | 114.12M | -251M | -7.05M | 2.13M | 24.01M | -108.76M | -127.33M | 22.43M |
Cash generated by investing activities | -312.75M | -617.51M | 10.45M | -204.27M | -5.01M | -93.69M | -62.00M | -95.58M | -127.03M | -89.75M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 1.52M | 709K | 670K | 443K | 1.00M | 135K | 707K | 886K |
Payments for dividends | -9.87M | -9.85M | -9.80M | -9.73M | -8.69M | -7.68M | -5.79M | -3.92M | -6.35M | -7.23M |
Repurchases of common stock | -31K | -11K | -14K | -135K | 0 | 0 | 0 | 0 | -721K | 0 |
Repayments of term debt | -274.60M | 205.74M | -20M | -18.45M | -47.53M | -169.02M | 217.08M | -21M | 30.33M | 0 |
Cash used in financing activities | 283.63M | 152.09M | 296.21M | 338.86M | -28.42M | 55.40M | 15.49M | 94.62M | 106.83M | 95.73M |
Net Change In Cash | -306K | -452.30M | 333.98M | 164.25M | 3.31M | 3.14M | -21.92M | 17.05M | -7.98M | 17.46M |
Cash at end of period | 77.55M | 77.85M | 530.16M | 196.18M | 31.92M | 28.61M | 25.46M | 47.39M | 30.33M | 38.32M |
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