FIRST BANCORP, INC
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $34.4M | $27.0M | $29.5M | $39.0M | $36.3M | $27.1M | $25.5M | $23.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $2.2M | $2.2M | $2.1M | $2.0M | $2.0M | $2.2M | $1.9M | $1.8M |
| Amortization | $26.0K | $26.0K | $26.0K | $69.0K | $69.0K | $43.0K | $43.0K | $43.0K |
| Stock-Based Compensation | $966.0K | $895.0K | $820.0K | $809.0K | $856.0K | $652.0K | $565.0K | $381.0K |
| Net Cash from Operating Activities | $37.8M | $26.0M | $36.9M | $41.2M | $56.7M | $22.7M | $26.1M | $33.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.2M | $1.5M | $2.6M | $1.4M | $3.8M | $2.5M | $1.6M | $1.5M |
| Business Acquisitions | — | — | — | $0 | $0 | $6.1M | $0 | $0 |
| Net Cash from Investing Activities | $-3.0M | $-217.4M | $-199.8M | $-247.6M | $-201.7M | $-250.1M | $-116.3M | $-112.1M |
| Financing Activities | ||||||||
| Dividends Paid | $16.3M | $15.8M | $15.4M | $14.8M | $13.9M | $13.3M | $13.0M | $12.1M |
| Stock Repurchases | $282.0K | $212.0K | $250.0K | $277.0K | $253.0K | $156.0K | $183.0K | $168.0K |
| Net Cash from Financing Activities | $-34.7M | $187.1M | $172.1M | $208.5M | $139.5M | $239.2M | $85.5M | $78.2M |
| Net Change in Cash | $143.0K | $-4.3M | $9.2M | $2.1M | $-5.6M | $11.8M | $-4.7M | $-73.0K |
| Free Cash Flow | $34.6M | $24.6M | $34.3M | $39.8M | $52.9M | $20.2M | $24.5M | $32.4M |