TowneBank
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 TowneBank generated cash of $161,304,000, which is less than the previous year. Cash used in financing activities reached the amount of $149,898,000 last year. Net change in cash is therefore -$24,473,000.
Cash Flow
| 2014 | 44.52M | -282.89M | 247.58M |
|---|---|---|---|
| 2015 | 81.08M | -98.47M | 55.21M |
| 2016 | 185.03M | -501.12M | 200.79M |
| 2017 | 124.76M | -209.38M | 452.94M |
| 2018 | 307.35M | -636.60M | 494.76M |
| 2019 | -16.03M | -753.27M | 525.22M |
| 2020 | 127.88M | -1.11B | 2.41B |
| 2021 | 518.82M | -547.35M | 1.46B |
| 2022 | 415.50M | -2.04B | -512.09M |
| 2023 | 161.30M | -335.67M | 149.89M |
TOWN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.15B | 3.29B | 1.86B | 442.61M | 686.69M | 521.18M | 136.54M | 251.83M | 214.00M | 204.79M |
Operating activities | ||||||||||
Net income | 155.13M | 190.46M | 225.03M | 169.43M | 143.67M | 137.77M | 92.78M | 72.21M | 65.66M | 44.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 34.22M | 28.69M | 28.79M | 29.06M | 29.37M | 28.72M | 24.5M | 20.55M | 16.14M | 13.9M |
Stock-based compensation expense | 7.02M | 5.21M | 5.63M | 5.48M | 5.34M | 2.90M | 2.70M | 2.16M | 1.91M | 1.39M |
| Deferred income tax benefit | 7.02M | 5.21M | 5.63M | 5.48M | 5.34M | 2.90M | 2.70M | 2.16M | 1.91M | 1.39M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -8.49M | -14.01M | 3.01M | 1.30M | -46K | -10.57M | -2.21M | -3.76M | -4.24M | -1.08M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 17.00M | 1.50M | -3.31M | -3.84M | 1.06M | 3.22M | 5.72M | 646K | 499K | -238K |
Cash generated by operating activities | 161.30M | 415.50M | 518.82M | 127.88M | -16.03M | 307.35M | 124.76M | 185.03M | 81.08M | 44.52M |
Investing activities | ||||||||||
Purchases Of Investments | -244.64M | -890.25M | -839.02M | -454.30M | -782.10M | -961.29M | -1.13B | -980.09M | -515.71M | -385.83M |
Investments In Property Plant And Equipment | -44.13M | -52.28M | -31.20M | -45.78M | -36.71M | -20.84M | -13.44M | -18.05M | -23.31M | -11.92M |
Acquisitions Net | 17.77M | -2.41M | -26.07M | 9.38M | -19.74M | 61.1M | -11.46M | 61.93M | 241.33M | -12.79M |
Cash generated by investing activities | -335.67M | -2.04B | -547.35M | -1.11B | -753.27M | -636.60M | -209.38M | -501.12M | -98.47M | -282.89M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 911K | 1.46M | 0 | 2.17M | 2.26M | 0 | 0 |
Payments for dividends | -71.38M | -62.75M | -55.29M | -52.24M | -49.37M | -44.86M | -34.43M | -30.54M | -21.98M | -16.04M |
Repurchases of common stock | 0 | 0 | 0 | -182.59M | 0 | 0 | 0 | 0 | -76.45M | 0 |
Repayments of term debt | 139.91M | -164.66M | -474.51M | -182.59M | -322.39M | -131.94M | 78.81M | 0 | -229.01M | 0 |
Cash used in financing activities | 149.89M | -512.09M | 1.46B | 2.41B | 525.22M | 494.76M | 452.94M | 200.79M | 55.21M | 247.58M |
Net Change In Cash | -24.47M | -2.14B | 1.43B | 1.42B | -244.08M | 165.50M | 368.33M | -115.28M | 37.83M | 9.21M |
Cash at end of period | 1.12B | 1.15B | 3.29B | 1.86B | 442.61M | 686.69M | 504.87M | 136.54M | 251.83M | 214.00M |