C & F FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.8M | $19.8M | $23.6M | $29.2M | $28.7M | $22.1M | $18.9M | $18.0M |
| Depreciation & Amortization | $3.9M | $3.9M | $3.9M | $4.4M | $4.7M | $4.2M | $3.9M | $3.7M |
| Depreciation | $3.2M | $3.1M | $3.3M | $3.7M | $4.1M | — | $3.6M | $3.2M |
| Amortization | $238.0K | $260.0K | $272.0K | $298.0K | $314.0K | $332.0K | $230.0K | $451.0K |
| Stock-Based Compensation | $1.8M | $1.9M | $2.0M | $2.0M | $1.7M | $1.4M | $1.5M | $1.3M |
| Net Cash from Operating Activities | $24.5M | $36.8M | $38.8M | $90.6M | $157.4M | $-80.4M | $-14.6M | $47.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.3M | $3.5M | $1.5M | $3.4M | $4.8M | $10.2M | $2.7M | $3.4M |
| Business Acquisitions | — | — | — | — | — | $-19.1M | — | — |
| Net Cash from Investing Activities | $-169.4M | $-146.9M | $-56.3M | $-411.3M | $-138.7M | $-183.3M | $-35.9M | $-47.5M |
| Financing Activities | ||||||||
| Dividends Paid | $6.0M | $5.8M | $6.0M | $5.8M | $5.7M | $5.5M | $5.1M | $4.9M |
| Stock Repurchases | $943.0K | $8.8M | $7.8M | $5.4M | $8.2M | $1.1M | $4.9M | $1.5M |
| Net Cash from Financing Activities | $158.4M | $100.6M | $66.0M | $79.6M | $162.4M | $184.9M | $101.0M | $-4.4M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $22.2M | $33.3M | $37.4M | $87.2M | $152.6M | $-90.6M | $-17.3M | $44.2M |