COMMERCE BANCSHARES, INC.
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 | $139.6M | $112.7M | $109.2M | $120.6M | $127.8M | $119.5M | $131.6M | $122.8M |
| Depreciation & Amortization | $13.5M | $13.3M | $12.9M | $12.5M | $12.6M | $11.6M | $11.5M | $11.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $320.0K | $331.0K | $347.0K | $344.0K | $353.0K | $356.0K | $434.0K | $456.0K |
| Stock-Based Compensation | $4.2M | $4.3M | $4.5M | $4.3M | $3.9M | $4.4M | $4.4M | $4.2M |
| Net Cash from Operating Activities | $147.4M | $135.5M | $121.0M | $146.9M | $104.8M | $116.1M | $89.6M | $183.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $8.5M | $11.0M | $15.5M | $20.7M | $31.9M | $20.0M | $18.6M | $17.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $664.7M | $540.9M | $465.5M | $577.5M | $252.6M | $888.2M | $489.4M | $552.3M |
| Financing Activities | ||||||||
| Dividends Paid | $35.0M | $35.1M | $33.6M | $33.7M | $33.7M | $33.8M | $31.6M | $31.7M |
| Stock Repurchases | $37.9M | $42.0M | $19.8M | $20.0M | $318.0K | $36.2M | $23.3M | $50.1M |
| Net Cash from Financing Activities | $-168.0M | $-1.46B | $-107.7M | $-1.45B | $860.8M | $-182.0M | $-690.3M | $-798.7M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $138.9M | $124.5M | $105.5M | $126.2M | $73.0M | $96.0M | $71.0M | $166.0M |