Customers Bancorp, Inc 5.375% S
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $224.1M | $181.5M | $250.1M | $228.0M | $314.6M | $132.6M | $79.3M | $71.7M |
| Depreciation & Amortization | $41.8M | $33.6M | $31.8M | $27.2M | $21.7M | $18.5M | $13.6M | $14.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $18.5M | $14.4M | $12.6M | $14.2M | $13.9M | $12.9M | $9.9M | $9.7M |
| Net Cash from Operating Activities | $494.8M | $145.1M | $124.7M | $-20.8M | $295.5M | $133.0M | $78.3M | $97.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $13.7M | $1.5M | $590.0K | $4.0M | $613.0K | $4.7M | $1.5M | $1.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.06B | $-1.01B | $3.16B | $-1.30B | $-1.20B | $-6.42B | $-1.44B | $-104.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $5.6M | $19.2M | $39.8M | $33.2M | $27.7M | $0 | $571.0K | $13.0M |
| Net Cash from Financing Activities | $2.19B | $800.6M | $108.1M | $1.26B | $754.8M | $6.77B | $1.52B | $-77.6M |
| Net Change in Cash | $625.5M | $-60.4M | $3.39B | $-62.2M | $-175.3M | $480.8M | $150.4M | $-84.2M |
| Free Cash Flow | $481.0M | $143.6M | $124.1M | $-24.9M | $294.9M | $128.4M | $76.8M | $95.7M |