FIRST FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $79.2M | $47.3M | $60.7M | $71.1M | $53.0M | $53.8M | $48.9M | $46.6M |
| Depreciation & Amortization | $12.2M | $9.9M | $6.5M | $6.1M | $6.2M | $6.1M | $4.8M | $4.2M |
| Depreciation | $6.9M | $6.1M | $5.4M | $4.8M | $4.6M | $4.4M | $3.9M | $3.7M |
| Amortization | $5.3M | $3.8M | $1.1M | $1.3M | $1.6M | $1.7M | $923.0K | $433.0K |
| Stock-Based Compensation | — | — | — | — | $807.0K | $820.0K | $801.0K | $745.0K |
| Net Cash from Operating Activities | $90.4M | $60.4M | $86.1M | $78.8M | $55.1M | $77.4M | $49.9M | $57.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.0M | $6.1M | $6.5M | $1.4M | $3.8M | $3.9M | $1.1M | $2.0M |
| Business Acquisitions | — | $-28.2M | — | — | $23.1M | $0 | $32.8M | $0 |
| Net Cash from Investing Activities | $-126.2M | $-66.1M | $-22.1M | $-433.7M | $-312.2M | $-16.2M | $-32.9M | $-34.3M |
| Financing Activities | ||||||||
| Dividends Paid | $24.2M | $21.2M | $15.4M | $14.5M | $14.2M | $14.3M | $12.6M | $12.5M |
| Stock Repurchases | $795.0K | $376.0K | $11.5M | $27.7M | $42.5M | $9.2M | $315.0K | $391.0K |
| Net Cash from Financing Activities | $72.6M | $22.5M | $-209.8M | $-110.6M | $287.6M | $468.9M | $36.0M | $-22.8M |
| Net Change in Cash | $36.8M | $16.8M | $-145.8M | $-465.5M | $30.6M | $530.0M | $53.0M | $281.0K |
| Free Cash Flow | $86.4M | $54.3M | $79.5M | $77.4M | $51.2M | $73.5M | $48.8M | $55.4M |