SouthState Corp.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $132.4M | $115.1M | $106.8M | $124.1M | $123.4M | $139.9M | $143.5M | $133.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.7M | $6.0M | $6.6M | $6.6M | $7.0M | $7.3M | $8.0M | $7.8M |
| Stock-Based Compensation | $7.2M | $5.9M | $7.4M | $9.4M | $7.7M | $11.4M | $7.3M | $10.5M |
| Net Cash from Operating Activities | $126.8M | $277.7M | $-274.3M | $449.4M | $312.3M | $59.4M | $154.4M | $610.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $9.5M | $5.5M | $12.5M | $11.3M | $7.4M | $7.6M | $3.9M | $4.7M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-388.0M | $-106.0M | $-200.4M | $-320.5M | $-631.7M | $-273.8M | $-1.17B | $-833.2M |
| Financing Activities | ||||||||
| Dividends Paid | $39.7M | $40.8M | $39.7M | $39.6M | $38.6M | $38.3M | $37.9M | $37.9M |
| Stock Repurchases | $140.0K | $15.9M | $8.7M | $387.0K | $3.6M | $3.4M | $69.0K | $878.0K |
| Net Cash from Financing Activities | $168.9M | $38.9M | $144.5M | $-313.5M | $-163.5M | $898.6M | $-596.5M | $-1.67B |
| Net Change in Cash | $-92.3M | $210.6M | $-330.3M | $-184.6M | $-482.9M | $684.1M | $-1.61B | $-1.90B |
| Free Cash Flow | $117.3M | $272.1M | $-286.8M | $438.1M | $304.9M | $51.7M | $150.5M | $605.4M |