INTERNATIONAL BANCSHARES CORPORATION
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $97.0M | $97.3M | $106.4M | $103.3M | $100.5M | $101.6M | $105.4M | $83.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $5.7M | $5.6M | $5.6M | $5.5M | $5.4M | $5.5M | $5.5M | $5.4M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $48.0K | $74.0K | $75.0K | $76.0K | $77.0K | $102.0K | $102.0K | $118.0K |
| Net Cash from Operating Activities | $107.2M | $135.4M | $132.8M | $113.7M | $85.2M | $142.7M | $99.4M | $121.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.3M | $6.5M | $8.4M | $9.2M | $5.6M | $4.3M | $6.4M | $4.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-267.1M | $-83.6M | $-114.7M | $-445.5M | $61.3M | $-568.3M | $-534.7M | $-176.6M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $41.0M | $0 | $39.1M | $0 | $39.2M | $0 | $37.3M |
| Stock Repurchases | $0 | $495.0K | $124.0K | $84.0K | $3.4M | $1.0M | $109.0K | $11.4M |
| Net Cash from Financing Activities | $43.1M | $206.1M | $-65.6M | $4.9M | $-316.1M | $-467.1M | $-720.8M | $-117.4M |
| Net Change in Cash | $-116.8M | $257.9M | $-47.6M | $-326.9M | $-169.6M | $-892.7M | $-1.16B | $-172.9M |
| Free Cash Flow | $104.9M | $128.9M | $124.4M | $104.5M | $79.7M | $138.4M | $93.0M | $116.9M |