Park National Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $180.1M | $151.4M | $126.7M | $148.4M | $153.9M | $127.9M | $102.7M | $110.4M |
| Depreciation & Amortization | $11.2M | $12.2M | $664.0K | $-334.0K | $-1.5M | $10.8M | $9.1M | $8.6M |
| Depreciation | $11.2M | $12.2M | $14.0M | $13.8M | $13.3M | $10.8M | $9.1M | $8.6M |
| Amortization | $1.0M | $1.2M | $1.3M | $1.5M | $1.8M | $2.3M | $2.4M | $578.0K |
| Stock-Based Compensation | $8.6M | $7.7M | $8.0M | $7.2M | $8.0M | $7.3M | $6.3M | $5.1M |
| Net Cash from Operating Activities | $198.3M | $178.8M | $151.1M | $136.6M | $157.3M | $111.6M | $111.6M | $132.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.4M | $9.2M | $7.6M | $7.9M | $14.1M | $28.6M | $14.9M | $11.5M |
| Business Acquisitions | — | — | — | — | $0 | $0 | $4.8M | $-12.3M |
| Net Cash from Investing Activities | $86.2M | $-19.1M | $63.5M | $-405.5M | $-412.1M | $-455.9M | $60.1M | $45.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $20.1M | $0 | $23.0M | $0 | $16.0M | $7.5M | $40.5M | $5.8M |
| Net Cash from Financing Activities | $-211.5M | $-217.4M | $-186.1M | $239.4M | $103.5M | $554.8M | $-179.0M | $-179.3M |
| Net Change in Cash | — | — | — | — | — | $210.5M | $-7.3M | $-1.9M |
| Free Cash Flow | $191.9M | $169.7M | $143.5M | $128.7M | $143.2M | $83.0M | $96.7M | $120.5M |