Preferred Bank Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	130.66	150.04	128.85	95.24	69.47	Upgrade
Depreciation & Amortization	2.15	1.72	1.89	1.9	1.91	Upgrade
Other Amortization	0.24	0.24	0.24	1.1	0.18	Upgrade
Gain (Loss) on Sale of Assets	-	-	0.43	-	-	Upgrade
Gain (Loss) on Sale of Investments	7.42	16.13	8.13	4.42	7.15	Upgrade
Total Asset Writedown	1.63	1.9	-0.95	-	-	Upgrade
Provision for Credit Losses	12.1	10	7.35	-1	26	Upgrade
Net Decrease (Increase) in Loans Originated / Sold - Operating	-1.2	0.39	-	0.02	0.02	Upgrade
Accrued Interest Receivable	9.73	-11.74	-8.62	7.86	-2.28	Upgrade
Change in Income Taxes	0.2	-2.39	-	-	-	Upgrade
Other Operating Activities	-4.47	-9.04	-7.58	-5.1	-7.01	Upgrade
Operating Cash Flow	164.52	175.39	143.76	119.63	103.77	Upgrade
Operating Cash Flow Growth	-6.20%	22.01%	20.16%	15.29%	19.95%	Upgrade
Capital Expenditures	-0.92	-2.42	-0.36	-0.6	-1.5	Upgrade
Investment in Securities	-37.43	94.47	-36.89	-231.58	-4	Upgrade
Net Decrease (Increase) in Loans Originated / Sold - Investing	-383.36	-193.46	-649.56	-387.83	-311.37	Upgrade
Other Investing Activities	0.09	3.37	-13.09	-	-1.9	Upgrade
Investing Cash Flow	-421.62	-98.03	-699.89	-620.01	-318.77	Upgrade
Long-Term Debt Issued	-	-	-	147.63	-	Upgrade
Long-Term Debt Repaid	-	-	-	-100	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	47.63	-	Upgrade
Repurchase of Common Stock	-38.25	-55.24	-33.29	-17.72	-2.45	Upgrade
Common Dividends Paid	-37.5	-31.14	-25.14	-21.43	-17.92	Upgrade
Net Increase (Decrease) in Deposit Accounts	207.51	152.35	331.49	783.03	459.19	Upgrade
Financing Cash Flow	131.76	65.97	273.05	791.52	438.82	Upgrade
Net Cash Flow	-125.34	143.33	-283.08	291.15	223.82	Upgrade
Free Cash Flow	163.61	172.98	143.4	119.03	102.27	Upgrade
Free Cash Flow Growth	-5.42%	20.63%	20.47%	16.39%	27.17%	Upgrade
Free Cash Flow Margin	61.24%	62.77%	59.25%	62.28%	68.82%	Upgrade
Free Cash Flow Per Share	12.07	12.13	9.68	8.01	6.87	Upgrade
Cash Interest Paid	236.08	175.1	45.13	25.69	42.19	Upgrade
Cash Income Tax Paid	46.33	58.39	43.67	29.29	20.91	Upgrade

Source: S&P Global Market Intelligence. Banks template. Financial Sources.