USCB Financial Holdings
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 USCB Financial Holdings generated cash of $22,546,000, which is less than the previous year. Cash used in financing activities reached the amount of $237,350,000 last year. Net change in cash is therefore -$13,106,000.
Cash Flow
| 2019 | 14.33M | -127.07M | 123.13M |
|---|---|---|---|
| 2020 | 13.10M | -178.77M | 177.66M |
| 2021 | 22.05M | -359.36M | 335.80M |
| 2022 | 29.53M | -270.60M | 249.00M |
| 2023 | 22.54M | -273.00M | 237.35M |
USCB Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 54.16M | 46.22M | 47.73M | 35.74M | 0 |
Operating activities | |||||
Net income | 16.54M | 20.14M | 21.07M | 10.82M | 10.39M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 590K | 688K | 1.03M | 1.27M | 1.22M |
Stock-based compensation expense | 1.01M | 523K | 287K | 187K | 202K |
| Deferred income tax benefit | 1.01M | 523K | 287K | 187K | 202K |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -3.14M | -1.57M | -428K | -1.99M | 196K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 1.71M | 4.25M | 2.65M | 798K | 0 |
Cash generated by operating activities | 22.54M | 29.53M | 22.05M | 13.10M | 14.33M |
Investing activities | |||||
Purchases Of Investments | -127.16M | -67.85M | -316.68M | -253.99M | 0 |
Investments In Property Plant And Equipment | -163K | -673K | -633K | -347K | -871K |
Acquisitions Net | 0 | 0 | -144.41M | -33.23M | 0 |
Cash generated by investing activities | -273.00M | -270.60M | -359.36M | -178.77M | -127.07M |
Financing activities | |||||
Common Stock Issued | 75K | 102K | 39.82M | 15K | 0 |
Payments for dividends | 0 | 0 | -2.07M | -3.12M | -1.82M |
Repurchases of common stock | -7.58M | 0 | -18.92M | 0 | 0 |
Repayments of term debt | 137M | 10M | 0 | -154M | -6M |
Cash used in financing activities | 237.35M | 249.00M | 335.80M | 177.66M | 123.13M |
Net Change In Cash | -13.10M | 7.94M | -1.50M | 11.99M | 35.74M |
Cash at end of period | 41.06M | 54.16M | 46.22M | 47.73M | 35.74M |
| Data source | Data source | Data source |