Mechanics Bancorp
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $265.7M | $29.0M | $-27.5M | $66.5M | $115.4M | $80.0M | $17.5M | $40.0M |
| Depreciation & Amortization | — | $6.6M | $7.1M | $9.7M | $9.9M | $9.4M | $10.8M | $13.9M |
| Depreciation | $10.6M | $9.4M | — | — | — | — | — | — |
| Amortization | $17.1M | $13.4M | $3.0M | $963.0K | $1.2M | $1.4M | $1.6M | $1.6M |
| Stock-Based Compensation | $5.6M | $4.6M | $3.6M | $4.1M | $3.4M | $2.7M | $-163.0K | $3.4M |
| Net Cash from Operating Activities | $193.6M | $292.3M | $8.0M | $218.3M | $173.0M | $-25.5M | $258.8M | $286.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.5M | $6.4M | $3.8M | $6.8M | $2.9M | $3.3M | $2.3M | $9.7M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $47.4M | $0 |
| Net Cash from Investing Activities | $1.55B | $476.2M | $484.0M | $-2.65B | $-125.6M | $-232.6M | $107.0M | $-564.1M |
| Financing Activities | ||||||||
| Dividends Paid | $48.6M | $95.0M | $12.3M | $26.8M | $21.3M | $13.9M | $0 | $0 |
| Stock Repurchases | — | — | $0 | $75.0M | $84.2M | $58.0M | $98.5M | $0 |
| Net Cash from Financing Activities | $-1.71B | $-1.23B | $-349.2M | $2.44B | $-40.2M | $258.3M | $-366.6M | $262.7M |
| Net Change in Cash | $30.3M | $-457.9M | $142.8M | $7.6M | $7.2M | $169.0K | $-706.0K | $-15.3M |
| Free Cash Flow | $187.1M | $285.9M | $4.2M | $211.5M | $170.1M | $-28.8M | $256.6M | $276.3M |