The Bank of N.T. Butterfield & Son Limited
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 The Bank of N.T. Butterfield & Son Limited generated cash of $300,290,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,447,922,000 last year. Net change in cash is therefore -$444,285,999.
Cash Flow
| 2014 | 143.77M | -258.70M | 461.74M |
|---|---|---|---|
| 2015 | 155.53M | -325.84M | 426.88M |
| 2016 | 178.19M | -1.19B | 939.58M |
| 2017 | 193.35M | 81.36M | -686.27M |
| 2018 | 296.34M | 338.55M | -125.15M |
| 2019 | 249.64M | 1.09B | -919.43M |
| 2020 | 188.15M | -41.70M | 546.44M |
| 2021 | 251.34M | -1.90B | 535.77M |
| 2022 | 219.27M | 292.02M | -506.80M |
| 2023 | 300.29M | 681.80M | -1.44B |
NTB Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.11B | 2.20B | 3.31B | 2.57B | 2.07B | 1.55B | 1.20B | 2.28B | 2.06B | 1.73B |
Operating activities | ||||||||||
Net income | 225.49M | 214.02M | 162.66M | 147.21M | 177.07M | 195.18M | 153.25M | 115.94M | 77.73M | 108.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 36.21M | 40.17M | 69.45M | 62.43M | 48.39M | 46.47M | 23.98M | 52.26M | 50.06M | 45.11M |
Stock-based compensation expense | 20.81M | 17.07M | 15.15M | 15.24M | 17.71M | 12.58M | 8.41M | 14.42M | 7.91M | 9.04M |
| Deferred income tax benefit | 20.81M | 17.07M | 15.15M | 15.24M | 17.71M | 12.58M | 8.41M | 14.42M | 7.91M | 9.04M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 4.62M | -54.02M | 13.29M | -8.14M | -1.58M | 3.83M | 2.88M | -6.05M | 1.41M | 594K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 3.11M | 2.77M | -519K | -284K | -1.90M | 1.04M |
Cash generated by operating activities | 300.29M | 219.27M | 251.34M | 188.15M | 249.64M | 296.34M | 193.35M | 178.19M | 155.53M | 143.77M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -3.01B | -5.75B | -3.66B | -2.64B | -1.14B | -795.18M | -2.37B | -1.09B | -1.16B |
Investments In Property Plant And Equipment | -26.93M | -26.87M | -15.72M | -20.56M | -22.77M | -19.83M | -14.77M | -9.80M | -1.47M | -6.12M |
Acquisitions Net | 584.05M | 0 | 1.92M | 0 | 2.81B | -20.72M | -426K | -21.77M | -36.87M | -34.75M |
Cash generated by investing activities | 681.80M | 292.02M | -1.90B | -41.70M | 1.09B | 338.55M | 81.36M | -1.19B | -325.84M | -258.70M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 694.37M | 0 | -19.22M | 13K | 131.6M | 0 | 613.36M |
Payments for dividends | -86.18M | -87.34M | -87.28M | -88.93M | -93.63M | -83.70M | -69.73M | -33.97M | -39.47M | -42.11M |
Repurchases of common stock | -88.59M | -3.89M | -19.75M | -86.64M | -81.53M | -48.44M | 0 | -213.75M | -131.03M | -17.67M |
Repayments of term debt | -75M | 0 | 0 | -70M | 0 | -47M | 0 | -1.06B | 0 | -90M |
Cash used in financing activities | -1.44B | -506.80M | 535.77M | 546.44M | -919.43M | -125.15M | -686.27M | 939.58M | 426.88M | 461.74M |
Net Change In Cash | -444.28M | -86.95M | -1.11B | 735.59M | 508.78M | 512.38M | -601.77M | -187.23M | 225.57M | 332.83M |
Cash at end of period | 1.67B | 2.11B | 2.20B | 3.31B | 2.57B | 2.07B | 604.99M | 2.10B | 2.28B | 2.06B |
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