Texas Capital Bancshares, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $330.2M | $77.5M | $189.1M | $332.5M | $253.9M | $66.3M | $312.0M | $293.4M |
| Depreciation & Amortization | $52.2M | $54.2M | $40.5M | $45.3M | $93.4M | $74.9M | $37.3M | $32.0M |
| Depreciation | $13.5M | $11.8M | $10.4M | $9.5M | $8.1M | $9.5M | $9.2M | $9.0M |
| Amortization | $0 | $0 | $338.0K | $338.0K | $405.0K | $432.0K | $471.0K | $470.0K |
| Stock-Based Compensation | $36.8M | $24.7M | $24.2M | $21.4M | $31.3M | $17.4M | $17.6M | $16.9M |
| Net Cash from Operating Activities | $360.2M | $480.1M | $373.7M | $148.0M | $657.3M | $2.64B | $-240.2M | $-679.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $12.6M | $64.8M | $16.4M | $11.3M | $4.1M | $2.8M | $16.7M | $7.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.85B | $-2.48B | $-1.76B | $3.31B | $1.23B | $-2.94B | $-2.28B | $-1.99B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $185.9M | $81.5M | $105.0M | $115.3M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $404.3M | $1.94B | $-387.7M | $-6.39B | $-3.15B | $5.08B | $3.86B | $2.85B |
| Net Change in Cash | — | — | — | — | — | — | $1.35B | $174.5M |
| Free Cash Flow | $347.6M | $415.2M | $357.4M | $136.7M | $653.2M | $2.64B | $-256.8M | $-687.4M |