SERVISFIRST BANCSHARES, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $276.6M | $227.2M | $206.9M | $251.5M | $207.7M | $169.6M | $149.2M | $136.9M |
| Depreciation & Amortization | $4.7M | $4.8M | $4.4M | $4.1M | $4.1M | $3.8M | $3.7M | $3.4M |
| Depreciation | $4.7M | $4.8M | $4.4M | $4.1M | $4.1M | $3.8M | $3.7M | $3.4M |
| Amortization | — | $0 | $0 | $23.0K | $270.0K | $271.0K | $270.0K | $270.0K |
| Stock-Based Compensation | $3.0M | $3.5M | $3.6M | $3.2M | $1.9M | $1.3M | $1.1M | $851.0K |
| Net Cash from Operating Activities | $355.2M | $252.9M | $197.3M | $272.6M | $266.3M | $191.3M | $164.3M | $168.3M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $2.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.15B | $-948.5M | $-200.4M | $-2.64B | $-1.56B | $-1.41B | $-988.3M | $-754.5M |
| Financing Activities | ||||||||
| Dividends Paid | $73.2M | $65.4M | $45.7M | $37.5M | $32.5M | $28.2M | $24.1M | $20.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $49.3M | $941.2M | $1.32B | $-1.04B | $3.31B | $2.80B | $772.8M | $790.5M |
| Net Change in Cash | $-749.9M | $245.5M | $1.32B | $-3.41B | $-132.0K | $4.6M | $1.0M | $204.3M |
| Free Cash Flow | — | — | — | — | — | — | — | $166.0M |