Summit Financial Group
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 Summit Financial Group generated cash of $73,652,000, which is more than the previous year. Cash used in financing activities reached the amount of $89,204,000 last year. Net change in cash is therefore $7,515,000.
Cash Flow
| 2014 | 25.60M | -64.33M | 39.45M |
|---|---|---|---|
| 2015 | 23.64M | -58.98M | 32.31M |
| 2016 | 23.21M | -128.55M | 142.47M |
| 2017 | 24.37M | 13.96M | -32.32M |
| 2018 | 38.52M | -71.73M | 40.12M |
| 2019 | 40.92M | -77.57M | 38.99M |
| 2020 | 44.68M | -152.46M | 145.68M |
| 2021 | 61.84M | -341.74M | 258.57M |
| 2022 | 67.94M | -404.82M | 303.14M |
| 2023 | 73.65M | -156.05M | 89.20M |
SMMF Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 44.71M | 78.45M | 99.78M | 61.88M | 59.54M | 52.63M | 46.61M | 9.48M | 12.51M | 11.78M |
Operating activities | ||||||||||
Net income | 55.23M | 53.21M | 45.73M | 31.32M | 31.86M | 28.07M | 11.91M | 17.29M | 16.10M | 11.35M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 7.18M | 5.04M | 5.15M | 4.88M | 4.31M | 3.83M | 3.29M | 1.47M | 1.27M | 1.07M |
Stock-based compensation expense | 739K | 624K | 646K | 527K | 590K | 391K | 385K | 200K | 151K | 1K |
| Deferred income tax benefit | 739K | 624K | 646K | 527K | 590K | 391K | 385K | 200K | 151K | 1K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -2.63M | -5.28M | 1.56M | -1.99M | 699K | -378K | -1.10M | -254K | 293K | -169K |
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 | 73.65M | 67.94M | 61.84M | 44.68M | 40.92M | 38.52M | 24.37M | 23.21M | 23.64M | 25.60M |
Investing activities | ||||||||||
Purchases Of Investments | -155.15M | -202.34M | -247.57M | -181.43M | -108.56M | -120.33M | -166.77M | -117.77M | -123.67M | -115.33M |
Investments In Property Plant And Equipment | -7.12M | -1.34M | -4.53M | -8.63M | -9.21M | -5.54M | -6.18M | -1.85M | -2.58M | -511K |
Acquisitions Net | 13.76M | 85K | 95.69M | 175.01M | 27.70M | -92.14M | 39.05M | 31.40M | -63.35M | -87.97M |
Cash generated by investing activities | -156.05M | -404.82M | -341.74M | -152.46M | -77.57M | -71.73M | 13.96M | -128.55M | -58.98M | -64.33M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 203K | 15.21M | 178K | 0 | 237K | 10K | 101K | 4.70M | 7.82M |
Payments for dividends | -12.84M | -10.59M | -9.61M | -8.78M | -7.36M | -6.54M | -5.23M | -4.27M | -3.52M | -774K |
Repurchases of common stock | 0 | 0 | -6.71M | -1.44M | -10.40M | -1.68M | 0 | 0 | -1.08M | 0 |
Repayments of term debt | 0 | 0 | -20K | -83.5M | 0 | -45.01M | 0 | -28.91M | 0 | -86.02M |
Cash used in financing activities | 89.20M | 303.14M | 258.57M | 145.68M | 38.99M | 40.12M | -32.32M | 142.47M | 32.31M | 39.45M |
Net Change In Cash | 7.51M | -33.74M | -21.32M | 37.89M | 2.34M | 6.90M | 6.01M | 37.12M | -3.02M | 728K |
Cash at end of period | 52.23M | 44.71M | 78.45M | 99.78M | 61.88M | 59.54M | 52.63M | 46.61M | 9.48M | 12.51M |
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