MetroCity 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 MetroCity Bankshares generated cash of $78,800,000, which is less than the previous year. Cash used in financing activities reached the amount of -$6,514,000 last year. Net change in cash is therefore -$34,680,000.
Cash Flow
| 2014 | 7.02M | -46.63M | 53.75M |
|---|---|---|---|
| 2015 | 16.74M | -78.86M | 71.32M |
| 2016 | -140.54M | -239.55M | 403.57M |
| 2017 | 151.81M | -276.63M | 155.39M |
| 2018 | -160.91M | 109.33M | 94.17M |
| 2019 | 32.19M | -18.28M | 124.07M |
| 2020 | 142.55M | -477.86M | 209.58M |
| 2021 | 65.43M | -930.55M | 1.15B |
| 2022 | 134.69M | -651.81M | 255.26M |
| 2023 | 78.8M | -106.96M | -6.51M |
MCBS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 179.48M | 441.34M | 150.68M | 276.41M | 138.42M | 95.83M | 63.79M | 40.31M | 31.12M | 16.97M |
Operating activities | ||||||||||
Net income | 51.61M | 62.60M | 61.70M | 36.39M | 44.71M | 41.33M | 31.89M | 20.21M | 16.61M | 12.49M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.68M | 3.87M | 2.80M | 2.92M | 2.71M | 899K | 592.99K | 582.87K | 603.16K | 535.62K |
Stock-based compensation expense | 2.42M | 1.93M | 1.42M | 1.82M | 1.52M | 1.49M | 717.89K | 510.84K | 385.46K | 398.98K |
| Deferred income tax benefit | 2.42M | 1.93M | 1.42M | 1.82M | 1.52M | 1.49M | 717.89K | 510.84K | 385.46K | 398.98K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -2.11M | -381K | -5.57M | -144K | -201K | -988.02K | -1.64M | -337.05K | -317.61K |
Inventories | 0 | 0 | -3.05M | 20.88M | 12.05M | 1.34M | -10.22M | 3.02M | 587.68K | 0 |
Accounts payable | 1.39M | 2.53M | -18K | -668K | -361K | 850K | 44.81K | 158.02K | 13.39K | 0 |
Cash generated by operating activities | 78.8M | 134.69M | 65.43M | 142.55M | 32.19M | -160.91M | 151.81M | -140.54M | 16.74M | 7.02M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -22.24M | -5.95M | 0 | 0 | -1.24M | -1.22M | 0 | 0 |
Investments In Property Plant And Equipment | -4.93M | -2.35M | -384K | -537K | -1.09M | -2.85M | -5.91M | -3.45M | -3.18M | -246.61K |
Acquisitions Net | 0 | 0 | -875.70M | -459.27M | 0 | 0 | -276.78M | 0 | 0 | 0 |
Cash generated by investing activities | -106.96M | -651.81M | -930.55M | -477.86M | -18.28M | 109.33M | -276.63M | -239.55M | -78.86M | -46.63M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 13.91M | 0 | 685K | 741.95K | 0 | 22.86M |
Payments for dividends | -18.2M | -15.29M | -11.79M | -10.28M | -10.36M | -9.29M | -5.40M | -3.76M | -2.66M | -1.96M |
Repurchases of common stock | -2.02M | -8.19M | -5.54M | 0 | -1.48M | 0 | 0 | 0 | 0 | -407.73K |
Repayments of term debt | -50.39M | -125.06M | -250.02M | -2.64M | 58.87M | -120.78M | 10.99M | -166.40M | -24.85M | -2.53M |
Cash used in financing activities | -6.51M | 255.26M | 1.15B | 209.58M | 124.07M | 94.17M | 155.39M | 403.57M | 71.32M | 53.75M |
Net Change In Cash | -34.68M | -261.85M | 290.65M | -125.72M | 137.98M | 42.59M | 30.57M | 23.48M | 9.19M | 14.15M |
Cash at end of period | 144.80M | 179.48M | 441.34M | 150.68M | 276.41M | 138.42M | 94.37M | 63.79M | 40.31M | 31.12M |
| Data source | Data source | Data source | Data source | Data source |