Southside Bancshares, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $69.2M | $88.5M | $86.7M | $105.0M | $113.4M | $82.2M | $74.6M | $74.1M |
| Depreciation & Amortization | $10.6M | $10.5M | $10.6M | $11.1M | $11.4M | $12.1M | $12.1M | $14.0M |
| Depreciation | $7.6M | $8.3M | $8.4M | $8.6M | $8.2M | $8.0M | $7.3M | $8.4M |
| Amortization | $742.0K | $1.2M | $1.7M | $2.3M | $2.8M | $3.6M | $4.4M | $5.2M |
| Stock-Based Compensation | $3.0M | $3.5M | $3.6M | $3.2M | $3.0M | $3.0M | $2.4M | $2.3M |
| Net Cash from Operating Activities | $93.8M | $101.8M | $79.9M | $226.5M | $156.1M | $90.5M | $80.6M | $122.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.3M | $11.2M | $6.9M | $9.3M | $8.4M | $11.4M | $15.9M | $13.4M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-34.2M | $-382.9M | $-327.1M | $-634.8M | $-194.0M | $-223.7M | $-566.8M | $261.9M |
| Financing Activities | ||||||||
| Dividends Paid | $43.4M | $43.6M | $43.6M | $44.9M | $44.6M | $43.2M | $42.5M | $42.0M |
| Stock Repurchases | $23.2M | $1.5M | $44.8M | $33.7M | $34.1M | $31.0M | $2.2M | $47.2M |
| Net Cash from Financing Activities | $-96.0M | $146.7M | $608.5M | $405.8M | $131.2M | $130.9M | $476.2M | $-462.3M |
| Net Change in Cash | $-36.4M | $-134.3M | $361.3M | $-2.5M | $93.3M | $-2.3M | $-10.0M | $-78.0M |
| Free Cash Flow | $73.5M | $90.7M | $73.0M | $217.2M | $147.7M | $79.1M | $64.7M | $109.0M |