Amalgamated Financial Corp.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.8M | $27.2M | $22.7M | $22.3M | $21.6M | $21.3M | $24.8M | $22.9M |
| Depreciation & Amortization | $595.0K | $2.0M | $2.9M | $881.0K | $897.0K | $869.0K | $6.6M | $893.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $182.0K | $183.0K | $221.7K | $222.0K | $222.0K | $222.0K | $261.0K | $262.0K |
| Stock-Based Compensation | $1.5M | $1.1M | $1.3M | $1.2M | $1.2M | $1.0M | $728.0K | $608.0K |
| Net Cash from Operating Activities | $28.0M | $31.3M | $15.3M | $39.8M | $27.3M | $34.9M | $53.1M | $26.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $245.0K | $207.0K | $258.0K | $376.0K | $580.0K | $263.0K | $181.0K | $562.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-202.0M | $-91.2M | $-82.0M | $-57.3M | $-30.2M | $35.1M | $7.9M | $-226.8M |
| Financing Activities | ||||||||
| Dividends Paid | $3.7M | $3.1M | $3.1M | $3.1M | $3.1M | $3.1M | $3.2M | $3.1M |
| Stock Repurchases | $0 | $285.0K | $1.1M | $2.6M | $2.2M | $2.4M | $0 | $745.0K |
| Net Cash from Financing Activities | $76.7M | $124.6M | $17.0M | $92.1M | $-62.2M | $-2.6M | $-63.7M | $-65.6M |
| Net Change in Cash | $-97.2M | $64.6M | $-49.6M | $74.5M | $-65.2M | $67.4M | $-2.7M | $-266.3M |
| Free Cash Flow | $27.8M | $31.1M | $15.1M | $39.4M | $26.7M | $34.6M | $52.9M | $25.6M |