Third Coast Bancshares
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 Third Coast Bancshares generated cash of $39,075,000, which is more than the previous year. Cash used in financing activities reached the amount of $570,291,000 last year. Net change in cash is therefore $79,831,000.
Cash Flow
| 2019 | 3.58M | -121.69M | 79.27M |
|---|---|---|---|
| 2020 | -3.65M | -500.00M | 611.15M |
| 2021 | 4.58M | -500.06M | 618.94M |
| 2022 | 21.79M | -1.23B | 1.22B |
| 2023 | 39.07M | -529.53M | 570.29M |
TCBX Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 332.01M | 327.02M | 203.56M | 96.06M | 134.89M |
Operating activities | |||||
Net income | 33.40M | 18.65M | 11.42M | 12.11M | 2.38M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 3.66M | -479K | -270K | -10.14M | 869K |
Stock-based compensation expense | 1.62M | 1.27M | 659K | 275K | 231K |
| Deferred income tax benefit | 1.62M | 1.27M | 659K | 275K | 231K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | -12.70M | 749K | -9.69M | -1.32M |
Inventories | 0 | -7.55M | -2.68M | 1.49M | -441K |
Accounts payable | 0 | 7.55M | 337K | -336.00K | 441K |
Cash generated by operating activities | 39.07M | 21.79M | 4.58M | -3.65M | 3.58M |
Investing activities | |||||
Purchases Of Investments | -3.11B | -2.15B | -1.99B | -1.92B | -599.98M |
Investments In Property Plant And Equipment | -3.43M | -12.18M | -5.62M | -1.35M | -2.97M |
Acquisitions Net | 0 | 1.32M | -493.60M | 16.11M | -120.71M |
Cash generated by investing activities | -529.53M | -1.23B | -500.06M | -500.00M | -121.69M |
Financing activities | |||||
Common Stock Issued | 47K | 66.22M | 162.55M | 536.54K | 0 |
Payments for dividends | -4.73M | -221K | 0 | 0 | 0 |
Repurchases of common stock | 567.00M | 0 | -121K | -38.12K | -527K |
Repayments of term debt | 8M | 60.06M | -52.87M | -7.5M | 6.5M |
Cash used in financing activities | 570.29M | 1.22B | 618.94M | 611.15M | 79.27M |
Net Change In Cash | 79.83M | 4.98M | 123.46M | 107.49M | -38.83M |
Cash at end of period | 411.84M | 332.01M | 327.02M | 203.56M | 96.06M |
| Data source | Data source | Data source |