First Bancorp
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $111.0M | $76.2M | $104.1M | $146.9M | $95.6M | $81.5M | $92.0M | $89.3M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $6.8M | $7.8M | $7.8M | $6.9M | $6.2M | $5.8M | $5.8M | $6.1M |
| Amortization | $5.7M | $6.6M | $8.0M | $3.7M | $3.5M | $4.0M | $4.9M | $5.9M |
| Stock-Based Compensation | $3.8M | $4.9M | $5.1M | $3.0M | $2.3M | $2.5M | $2.3M | $1.6M |
| Net Cash from Operating Activities | $203.1M | $174.8M | $131.4M | $230.7M | $142.3M | $58.3M | $51.2M | $46.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.2M | $2.7M | $4.4M | $5.3M | $9.4M | $12.4M | $3.5M | $10.7M |
| Business Acquisitions | $0 | $0 | $-22.6M | $0 | $-209.0M | $9.6M | $0 | $0 |
| Net Cash from Investing Activities | $-562.1M | $169.7M | $-191.4M | $-713.4M | $-1.27B | $-961.5M | $-424.7M | $-313.3M |
| Financing Activities | ||||||||
| Dividends Paid | $37.3M | $36.2M | $34.9M | $30.7M | $22.2M | $20.9M | $13.7M | $11.3M |
| Stock Repurchases | $991.0K | $0 | $0 | $0 | $4.0M | $31.9M | $10.0M | $0 |
| Net Cash from Financing Activities | $161.0M | $-74.8M | $27.5M | $291.9M | $1.23B | $1.04B | $141.9M | $240.3M |
| Net Change in Cash | $-197.9M | $269.7M | $-32.5M | $-190.8M | $93.9M | $136.0M | $-231.6M | $-26.6M |
| Free Cash Flow | $198.9M | $172.1M | $127.0M | $225.4M | $132.9M | $46.0M | $47.7M | $35.7M |