SB FINANCIAL GROUP, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.0M | $11.5M | $12.1M | $12.5M | $18.3M | $14.9M | $12.0M | $11.6M |
| Depreciation & Amortization | $2.2M | $2.2M | $2.2M | $2.2M | $2.3M | $1.9M | $1.9M | $1.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $237.0K | $66.0K | $90.0K | $69.0K | $71.0K | $46.0K | $8.0K | $10.0K |
| Stock-Based Compensation | $536.0K | $637.0K | $576.0K | $568.0K | $443.0K | $382.0K | $417.0K | $278.0K |
| Net Cash from Operating Activities | $24.0M | $9.5M | $14.0M | $25.6M | $17.3M | $23.9M | $18.8M | $13.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.6M | $1.2M | $958.0K | $1.9M | $2.4M | $2.0M | $2.0M | $2.0M |
| Business Acquisitions | $3.0M | — | — | — | $1.1M | $-16.3M | $2.6M | — |
| Net Cash from Investing Activities | $-68.1M | $-28.9M | $-17.4M | $-165.7M | $-72.0M | $-57.2M | $-67.6M | $-87.6M |
| Financing Activities | ||||||||
| Dividends Paid | $3.8M | $3.8M | $3.6M | $3.4M | $3.1M | $3.1M | $2.3M | $2.1M |
| Stock Repurchases | $5.7M | $4.8M | $3.5M | $5.9M | $9.5M | $7.2M | $5.1M | $109.0K |
| Net Cash from Financing Activities | $89.7M | $22.5M | $-1.5M | $18.4M | $63.6M | $146.9M | $27.5M | $95.5M |
| Net Change in Cash | — | — | — | — | — | — | $-21.3M | $21.7M |
| Free Cash Flow | $21.4M | $8.2M | $13.0M | $23.7M | $14.8M | $21.9M | $16.8M | $11.9M |