Preferred Bank
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 Preferred Bank generated cash of $175,391,000, which is more than the previous year. Cash used in financing activities reached the amount of $65,967,000 last year. Net change in cash is therefore $143,326,000.
Cash Flow
| 2014 | 42.84M | -295.64M | 246.38M |
|---|---|---|---|
| 2015 | 28.23M | -473.26M | 514.00M |
| 2016 | 52.62M | -530.18M | 572.21M |
| 2017 | 53.18M | -389.49M | 487.80M |
| 2018 | 99.01M | -409.48M | 357.90M |
| 2019 | 86.75M | -457.10M | 303.48M |
| 2020 | 103.76M | -318.76M | 438.82M |
| 2021 | 119.63M | -620.00M | 791.51M |
| 2022 | 143.75M | -699.89M | 273.05M |
| 2023 | 175.39M | -98.03M | 65.96M |
PFBC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 767.52M | 1.05B | 759.46M | 535.64M | 602.75M | 555.32M | 403.83M | 309.17M | 240.19M | 246.61M |
Operating activities | ||||||||||
Net income | 150.04M | 128.84M | 95.24M | 69.46M | 78.37M | 70.99M | 43.39M | 36.36M | 29.74M | 24.59M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.72M | 1.89M | 1.89M | 1.90M | 1.34M | 953K | 990K | 929K | 623K | 484K |
Stock-based compensation expense | 5.81M | 8.41M | 9.11M | 8.89M | 7.76M | 8.03M | 3.62M | 2.37M | 3.15M | 3.57M |
| Deferred income tax benefit | 5.81M | 8.41M | 9.11M | 8.89M | 7.76M | 8.03M | 3.62M | 2.37M | 3.15M | 3.57M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -11.74M | -8.61M | 7.86M | -2.28M | -1.37M | -4.02M | -3.35M | 286K | -7.88M | 5.48M |
Inventories | 0 | -5.61M | -5.44M | 2.28M | 1.37M | 6.73M | 639K | 1.35M | 8.42M | -2.07M |
Accounts payable | 13.09M | 5.61M | 5.44M | -548K | -6.05M | 9.12M | -2.80M | 5.87M | 1.36M | 2.54M |
Cash generated by operating activities | 175.39M | 143.75M | 119.63M | 103.76M | 86.75M | 99.01M | 53.18M | 52.62M | 28.23M | 42.84M |
Investing activities | ||||||||||
Purchases Of Investments | -72.55M | -119.92M | -281.89M | -185.35M | -126.46M | -28.99M | -15.37M | -67.46M | -30.94M | -50.41M |
Investments In Property Plant And Equipment | -2.41M | -356K | -603K | -1.49M | -6.08M | -2.76M | -1.36M | -641K | -2.09M | -442K |
Acquisitions Net | 0 | 0 | 0 | -8.42M | -10.38M | -13.99M | -7.10M | -3.32M | 3.11M | -5.06M |
Cash generated by investing activities | -98.03M | -699.89M | -620.00M | -318.76M | -457.10M | -409.48M | -389.49M | -530.18M | -473.26M | -295.64M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 1.70M | 32.55M | 3.30M | 0 | 0 |
Payments for dividends | -31.14M | -25.14M | -21.42M | -17.91M | -18.28M | -15.62M | -11.03M | -8.43M | -6.30M | -1.34M |
Repurchases of common stock | -55.23M | -33.29M | -17.71M | -2.44M | -20.54M | -1.29M | -14.11M | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -100M | 0 | -1.29M | -5.03M | -20M | -98.83M | 6.63M | 0 |
Cash used in financing activities | 65.96M | 273.05M | 791.51M | 438.82M | 303.48M | 357.90M | 487.80M | 572.21M | 514.00M | 246.38M |
Net Change In Cash | 143.32M | -283.08M | 291.14M | 223.82M | -67.11M | 47.43M | 151.49M | 94.65M | 68.98M | -6.42M |
Cash at end of period | 910.85M | 767.52M | 1.05B | 759.46M | 535.64M | 602.75M | 555.32M | 403.83M | 309.17M | 240.19M |