Provident Financial Services, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $291.2M | $115.5M | $128.4M | $175.6M | $167.9M | $97.0M | $112.6M | $118.4M |
| Depreciation & Amortization | $51.3M | $41.5M | $11.7M | $13.1M | $12.7M | $11.0M | $10.4M | $10.1M |
| Depreciation | $14.2M | $12.6M | $8.7M | $9.8M | $9.0M | $7.6M | $7.7M | $8.0M |
| Amortization | $37.1M | $28.9M | $3.0M | $3.3M | $3.7M | $3.4M | $2.7M | $2.1M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $442.3M | $426.4M | $173.4M | $200.3M | $156.8M | $103.3M | $136.9M | $155.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.5M | $1.3M | $7.5M | $9.4M | $13.8M | $12.8M | $4.9M | $3.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.05B | $507.7M | $-469.6M | $-647.6M | $-716.6M | $-504.4M | $42.9M | $46.7M |
| Financing Activities | ||||||||
| Dividends Paid | $125.9M | $101.0M | $72.4M | $72.0M | $71.5M | $65.8M | $72.8M | $53.6M |
| Stock Repurchases | $0 | $0 | $0 | $46.5M | $20.7M | $21.2M | $19.9M | $13.2M |
| Net Cash from Financing Activities | $615.6M | $-908.4M | $290.0M | $-78.7M | $739.9M | $746.7M | $-135.7M | $-250.6M |
| Net Change in Cash | $5.5M | $25.7M | $-6.3M | $-526.0M | $180.1M | $345.6M | $44.1M | $-48.2M |
| Free Cash Flow | $430.7M | $425.1M | $165.9M | $190.9M | $143.0M | $90.5M | $132.0M | $152.6M |