South Plains Financial
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 South Plains Financial generated cash of $58,539,000, which is less than the previous year. Cash used in financing activities reached the amount of $180,112,000 last year. Net change in cash is therefore $95,275,000.
Cash Flow
| 2017 | 35.32M | -148.07M | 43.91M |
|---|---|---|---|
| 2018 | 26.92M | -184.09M | 108.59M |
| 2019 | 30.48M | -213.49M | 95.11M |
| 2020 | 5.62M | -156.22M | 292.80M |
| 2021 | 96.27M | -159.84M | 250.08M |
| 2022 | 123.59M | -408.85M | 33.32M |
| 2023 | 58.53M | -143.37M | 180.11M |
SPFI Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 234.88M | 486.82M | 300.30M | 158.09M | 245.98M | 294.56M | 363.4M |
Operating activities | |||||||
Net income | 62.74M | 58.24M | 58.61M | 45.35M | 29.22M | 29.29M | 23.63M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 6.41M | 6.96M | 6.43M | 6.57M | 5.22M | 5.18M | 5.28M |
Stock-based compensation expense | 2.15M | 2.75M | 1.63M | 1.27M | 853K | 0 | 676K |
| Deferred income tax benefit | 2.15M | 2.75M | 1.63M | 1.27M | 853K | 0 | 676K |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | -1.06M | 244K | -4.61M | -2.33M | -8.18M | -2.04M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 58.53M | 123.59M | 96.27M | 5.62M | 30.48M | 26.92M | 35.32M |
Investing activities | |||||||
Purchases Of Investments | -199.89M | -176.71M | -61.54M | -279.72M | -489.03M | -539.09M | -328.16M |
Investments In Property Plant And Equipment | -4.68M | -4.46M | -2.92M | -3.31M | -3.99M | -3.13M | -9.02M |
Acquisitions Net | 37.04M | 480K | -217M | -687K | 78.17M | -126.60M | -180.14M |
Cash generated by investing activities | -143.37M | -408.85M | -159.84M | -156.22M | -213.49M | -184.09M | -148.07M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 340.32M | 390.94M | 51.39M | 0 | 0 |
Payments for dividends | -8.74M | -8.01M | -5.38M | -2.52M | -1.07M | -30.04M | -7.87M |
Repurchases of common stock | -17.76M | -22.69M | -9.22M | -293K | 0 | 0 | 0 |
Repayments of term debt | -12.37M | 0 | -75M | -95M | 11.57M | -15.27M | -11.36M |
Cash used in financing activities | 180.11M | 33.32M | 250.08M | 292.80M | 95.11M | 108.59M | 43.91M |
Net Change In Cash | 95.27M | -251.93M | 186.51M | 142.20M | -87.89M | -48.57M | -68.83M |
Cash at end of period | 330.15M | 234.88M | 486.82M | 300.30M | 158.09M | 245.98M | 294.56M |
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