QNB 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 QNB Corp. generated cash of $14,457,000, which is less than the previous year. Cash used in financing activities reached the amount of $9,262,000 last year. Net change in cash is therefore $46,758,000.
Cash Flow
| 2014 | 5.97M | -33.44M | 29.42M |
|---|---|---|---|
| 2015 | 9.11M | -47.76M | 37.39M |
| 2016 | 11.33M | -53.99M | 36.38M |
| 2017 | 16.16M | -91.18M | 80.63M |
| 2018 | 16.65M | -33.11M | 13.58M |
| 2019 | 13.89M | -33.57M | 23.82M |
| 2020 | 7.60M | -185.13M | 199.25M |
| 2021 | 30.38M | -282.49M | 226.16M |
| 2022 | 16.83M | -71.64M | 57.32M |
| 2023 | 14.45M | 23.03M | 9.26M |
QNBC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 15.89M | 13.39M | 39.33M | 17.60M | 13.45M | 16.33M | 10.72M | 16.99M | 18.24M | 16.28M |
Operating activities | ||||||||||
Net income | 9.48M | 15.92M | 16.49M | 12.08M | 12.35M | 11.33M | 8.28M | 8.92M | 8.23M | 8.99M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.77M | 1.79M | 1.94M | 2.19M | 1.89M | 1.05M | 903K | 966K | 1.10M | 1.22M |
Stock-based compensation expense | 185K | 85K | 102K | 112K | 118K | 117K | 102K | 88K | 85K | 83K |
| Deferred income tax benefit | 185K | 85K | 102K | 112K | 118K | 117K | 102K | 88K | 85K | 83K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.06M | -934K | 721K | -1.99M | 24K | 693K | -417K | -566K | 6K | 11K |
Inventories | 0 | 0 | 0 | 0 | 0 | 481.41K | -620K | 154K | -930K | -43K |
Accounts payable | 4.82M | 256K | -139K | -559K | 460K | 65K | 49K | 5K | -14K | -48K |
Cash generated by operating activities | 14.45M | 16.83M | 30.38M | 7.60M | 13.89M | 16.65M | 16.16M | 11.33M | 9.11M | 5.97M |
Investing activities | ||||||||||
Purchases Of Investments | -16.56M | -36.86M | -390.54M | -303.64M | -122.71M | -36.23M | -85.26M | -174.94M | -132.04M | -92.01M |
Investments In Property Plant And Equipment | -765K | -552K | -3.17M | -722K | -3.08M | -2.41M | -634K | -317K | -580K | -995K |
Acquisitions Net | -54.44M | 1.59M | -11.24M | -99.73M | -35.35M | -2.41M | -101.05M | -18.22M | -57.60M | -54.11M |
Cash generated by investing activities | 23.03M | -71.64M | -282.49M | -185.13M | -33.57M | -33.11M | -91.18M | -53.99M | -47.76M | -33.44M |
Financing activities | ||||||||||
Common Stock Issued | 822K | 418K | 575K | 497K | 591K | 684K | 672K | 862K | 648K | 628K |
Payments for dividends | -4.67M | -4.49M | -4.37M | -4.22M | -4.08M | -3.86M | -3.73M | -3.55M | -3.44M | -3.32M |
Repurchases of common stock | 0 | -75K | -1.35M | -130K | 0 | 0 | 0 | 0 | 0 | 37.09M |
Repayments of term debt | -57.23M | 92.85M | -9.63M | -12.90M | 5.05M | -4.88M | 3.09M | -15.49M | 1.97M | -5M |
Cash used in financing activities | 9.26M | 57.32M | 226.16M | 199.25M | 23.82M | 13.58M | 80.63M | 36.38M | 37.39M | 29.42M |
Net Change In Cash | 46.75M | 2.50M | -25.94M | 21.72M | 4.15M | -2.87M | 5.61M | -6.27M | -1.25M | 1.95M |
Cash at end of period | 62.65M | 15.89M | 13.39M | 39.33M | 17.60M | 13.45M | 16.33M | 10.72M | 16.99M | 18.24M |
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