Provident Financial Services
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 Provident Financial Services generated cash of $173,396,000, which is less than the previous year. Cash used in financing activities reached the amount of $289,951,000 last year. Net change in cash is therefore -$6,253,000.
Cash Flow
| 2014 | 96.4M | -69.27M | -24.58M |
|---|---|---|---|
| 2015 | 114.86M | -408.68M | 292.28M |
| 2016 | 127.30M | -580.79M | 495.56M |
| 2017 | 117.22M | -306.33M | 235.65M |
| 2018 | 155.71M | 46.70M | -250.59M |
| 2019 | 136.92M | 42.86M | -135.70M |
| 2020 | 106.91M | -507.98M | 746.67M |
| 2021 | 158.18M | -717.93M | 739.86M |
| 2022 | 200.31M | -647.56M | -78.70M |
| 2023 | 173.39M | -469.6M | 289.95M |
PFS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 186.50M | 685.16M | 532.35M | 186.74M | 142.66M | 190.83M | 144.29M | 102.22M | 103.76M | 101.22M |
Operating activities | ||||||||||
Net income | 128.39M | 175.64M | 167.92M | 96.95M | 112.63M | 118.38M | 93.94M | 87.80M | 83.72M | 73.63M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 22.19M | 23.69M | 22.73M | 20.02M | 18.82M | 10.10M | 11.62M | 12.76M | 13.71M | 11.13M |
Stock-based compensation expense | 10.79M | 13.74M | 9.96M | 7.92M | 11.38M | 10.75M | 9.76M | 7.69M | 7.89M | 9.31M |
| Deferred income tax benefit | 10.79M | 13.74M | 9.96M | 7.92M | 11.38M | 10.75M | 9.76M | 7.69M | 7.89M | 9.31M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -9.91M | 4.46M | 8.47M | 2.44M | -1.82M | -2.56M | -1.31M | -538K | 787K |
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 | 173.39M | 200.31M | 158.18M | 106.91M | 136.92M | 155.71M | 117.22M | 127.30M | 114.86M | 96.4M |
Investing activities | ||||||||||
Purchases Of Investments | -57.18M | -317.46M | -1.43B | -298.09M | -137.32M | -280.96M | -276.25M | -386.5M | -173.97M | -137.23M |
Investments In Property Plant And Equipment | -7.48M | -9.41M | -13.80M | -12.82M | -4.88M | -3.16M | -3.23M | -4.99M | -5.90M | -16.44M |
Acquisitions Net | 0 | 22K | 248.03M | 78.08M | -15.02M | 78.06M | -301.67M | -469.57M | -25.85M | 68.65M |
Cash generated by investing activities | -469.6M | -647.56M | -717.93M | -507.98M | 42.86M | 46.70M | -306.33M | -580.79M | -408.68M | -69.27M |
Financing activities | ||||||||||
Common Stock Issued | 212.52M | 0 | 30.87M | 451K | 2.23M | 1.70M | 2.11M | 0 | 4.61M | 1.33M |
Payments for dividends | -72.44M | -72.02M | -71.47M | -65.82M | -72.80M | -53.60M | -59.98M | -45.36M | -41.28M | -36.11M |
Repurchases of common stock | 58.44M | -46.53M | -20.71M | -21.16M | -19.86M | -13.17M | -443K | -2.78M | -1.98M | -4.42M |
Repayments of term debt | 632.66M | 710.59M | -1.47B | -2.58B | -317.13M | -804.37M | 129.76M | -130.20M | 197.78M | -289.75M |
Cash used in financing activities | 289.95M | -78.70M | 739.86M | 746.67M | -135.70M | -250.59M | 235.65M | 495.56M | 292.28M | -24.58M |
Net Change In Cash | -6.25M | -498.72M | 180.11M | 345.60M | 44.08M | -48.17M | 46.53M | 42.07M | -1.53M | 2.53M |
Cash at end of period | 180.25M | 186.43M | 712.46M | 532.35M | 186.74M | 142.66M | 190.83M | 144.29M | 102.22M | 103.76M |
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