Northwest Bancshares, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $126.0M | $100.3M | $135.0M | $133.7M | $154.3M | $74.9M | $110.4M | $105.5M |
| Depreciation & Amortization | $12.0M | $11.0M | $12.0M | $12.0M | $12.1M | $11.9M | $11.7M | $12.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.2M | $2.5M | $3.3M | $4.3M | $5.6M | $6.9M | $6.5M | $5.8M |
| Stock-Based Compensation | $6.1M | $6.1M | $4.6M | $4.1M | $4.7M | $4.2M | $6.8M | $7.0M |
| Net Cash from Operating Activities | $153.4M | $127.7M | $92.9M | $175.4M | $205.5M | $140.4M | $127.5M | $138.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.6M | $2.3M | $8.6M | $4.3M | $17.5M | $12.3M | $10.9M | $5.2M |
| Business Acquisitions | $-30.9M | $0 | $0 | $0 | $0 | $-261.7M | $28.8M | $0 |
| Net Cash from Investing Activities | $-127.4M | $175.0M | $-239.7M | $-917.4M | $-233.0M | $-560.6M | $-300.6M | $-281.9M |
| Financing Activities | ||||||||
| Dividends Paid | $109.9M | $101.9M | $101.7M | $101.5M | $100.3M | $93.1M | $76.2M | $69.9M |
| Stock Repurchases | — | — | $0 | $0 | $23.9M | $9.3M | $0 | $0 |
| Net Cash from Financing Activities | $-80.8M | $-136.5M | $129.7M | $-397.9M | $570.5M | $1.10B | $165.2M | $134.1M |
| Net Change in Cash | $-54.7M | $166.1M | $-17.1M | $-1.14B | $543.0M | $675.4M | $-7.9M | $-8.9M |
| Free Cash Flow | $141.8M | $125.4M | $84.3M | $171.1M | $187.9M | $128.2M | $116.6M | $133.7M |