Waterstone Financial, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.4M | $18.7M | $9.4M | $19.5M | $70.8M | $81.1M | $35.9M | $30.8M |
| Depreciation & Amortization | $2.5M | $2.5M | $3.3M | $4.0M | $6.0M | $5.6M | $4.7M | $4.7M |
| Depreciation | $1.6M | $1.6M | $1.7M | $1.8M | $2.1M | $2.5M | $2.5M | $2.3M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $297.0K | $316.0K | $277.0K | $583.0K | $745.0K | $716.0K | $1.1M | $1.8M |
| Net Cash from Operating Activities | $24.2M | $48.1M | $-27.6M | $206.7M | $142.0M | $-93.6M | $-40.2M | $41.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.2M | $1.1M | $700.0K | $701.0K | $778.0K | $1.2M | $3.1M | $4.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-8.7M | $-24.0M | $-159.2M | $-335.7M | $160.1M | $37.2M | $-1.2M | $-78.4M |
| Financing Activities | ||||||||
| Dividends Paid | $10.8M | $11.3M | $15.4M | $30.3M | $30.4M | $31.5M | $26.0M | $27.1M |
| Stock Repurchases | $16.2M | $14.9M | $26.0M | $47.8M | $10.2M | $36.2M | $22.8M | $19.2M |
| Net Cash from Financing Activities | $15.9M | $-20.8M | $176.6M | $-201.0M | $-20.1M | $76.9M | $29.6M | $74.4M |
| Net Change in Cash | $31.3M | $3.3M | $-10.2M | $-330.1M | $282.0M | $20.5M | $-11.8M | $37.5M |
| Free Cash Flow | $23.0M | $47.0M | $-28.3M | $206.0M | $141.2M | $-94.8M | $-43.3M | $37.5M |