Valley National Bancorp
Cash Flow Statement
| Line Item | Sep 2023 | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $141.3M | $139.1M | $146.6M | $178.1M | $96.4M | $116.7M | $122.6M | $120.5M |
| Depreciation & Amortization | — | — | $11.5M | — | — | $7.5M | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $9.7M | $9.8M | $10.5M | $11.1M | $11.4M | $4.4M | $5.3M | $5.4M |
| Stock-Based Compensation | — | — | $8.1M | — | — | $7.3M | — | — |
| Net Cash from Operating Activities | $374.1M | $552.4M | $-269.7M | $425.1M | $309.5M | $496.0M | $128.8M | $140.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.1M | $31.2M | $18.3M | $15.3M | $12.4M | $22.7M | $7.6M | $4.2M |
| Business Acquisitions | — | — | $0 | — | — | $8.6M | — | — |
| Net Cash from Investing Activities | — | — | $-1.78B | — | — | $-1.59B | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $57.6M | — | — | $46.2M | — | — |
| Stock Repurchases | — | — | $8.6M | — | — | $23.6M | — | — |
| Net Cash from Financing Activities | — | — | $6.81B | — | — | $-229.7M | — | — |
| Net Change in Cash | — | — | $4.76B | — | — | $-1.32B | — | — |
| Free Cash Flow | $352.0M | $521.2M | $-287.9M | $409.7M | $297.1M | $473.3M | $121.2M | $136.7M |