ConnectOne Bancorp, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $80.4M | $73.8M | $87.0M | $125.2M | $130.4M | $71.3M | $73.4M | $60.4M |
| Depreciation & Amortization | — | — | — | — | $3.8M | $4.2M | $3.1M | $3.1M |
| Depreciation | $6.1M | $4.4M | $4.5M | $3.9M | $3.8M | $4.2M | — | — |
| Amortization | $7.9M | $1.2M | $1.4M | $1.7M | $2.0M | $2.6M | $1.4M | $627.0K |
| Stock-Based Compensation | $4.6M | $4.6M | $4.9M | $4.9M | $4.5M | $2.9M | $2.9M | $1.9M |
| Net Cash from Operating Activities | $106.4M | $60.7M | $92.9M | $176.8M | $202.3M | $81.1M | $60.7M | $89.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.4M | $3.8M | $7.4M | $3.3M | $2.8M | $2.2M | $1.5M | $2.1M |
| Business Acquisitions | $-54.9M | $0 | $0 | — | — | — | — | — |
| Net Cash from Investing Activities | $-186.2M | $55.2M | $-248.0M | $-1.54B | $-689.9M | $-323.4M | $-102.5M | $-357.2M |
| Financing Activities | ||||||||
| Dividends Paid | $32.0M | $27.3M | $25.9M | $23.4M | $17.5M | $14.3M | $12.2M | $9.7M |
| Stock Repurchases | $0 | $5.8M | $17.5M | $13.1M | $9.4M | $911.0K | — | — |
| Net Cash from Financing Activities | $104.2M | $-2.1M | $129.5M | $1.37B | $449.4M | $344.5M | $70.9M | $290.9M |
| Net Change in Cash | $24.4M | $113.8M | $-25.6M | $2.8M | $-38.2M | $102.3M | $29.1M | $22.8M |
| Free Cash Flow | $101.0M | $56.9M | $85.5M | $173.5M | $199.5M | $78.9M | $59.2M | $87.0M |