Bankwell Financial Group, Inc. (FRA:33W)

Bankwell Financial Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	9.77	36.66	37.43	26.59
Depreciation & Amortization	3.78	3.62	3.37	3.58
Other Amortization	0.25	0.25	0.17	0.27
Gain (Loss) on Sale of Assets	-	0.01	-0.02	0.5
Gain (Loss) on Sale of Investments	0.16	0.02	0.52	0.29
Total Asset Writedown	-	-	-	-0.28
Provision for Credit Losses	22.62	0.87	5.44	-0.06
Accrued Interest Receivable	0.33	-1.79	-5.56	-0.93
Change in Other Net Operating Assets	-6.18	-6	39.41	4.84
Other Operating Activities	-1.83	-1.38	-3.03	0.75
Operating Cash Flow	29.94	31.93	82.67	34.56
Operating Cash Flow Growth	-6.24%	-61.38%	139.22%	-
Capital Expenditures	-0.61	-2.05	-4.96	-
Sale of Property, Plant and Equipment	-	-	-	4.26
Investment in Securities	-16.11	-4.86	-24.56	-3.22
Net Decrease (Increase) in Loans Originated / Sold - Investing	-17.28	-40.91	-779.24	-270.61
Other Investing Activities	0.04	-0.48	-2.4	-0.45
Investing Cash Flow	-33.96	-48.3	-811.16	-270.03
Long-Term Debt Issued	-	-	74.35	34.42
Long-Term Debt Repaid	-	-	-	-150.5
Net Debt Issued (Repaid)	-	-	74.35	-116.08
Issuance of Common Stock	-	0.16	0.05	0.05
Repurchase of Common Stock	-2.14	-	-5.54	-5.08
Common Dividends Paid	-6.28	-6.24	-6.19	-5.03
Total Dividends Paid	-6.28	-6.24	-6.19	-5.03
Net Increase (Decrease) in Deposit Accounts	50.81	-64.06	676.82	296.68
Financing Cash Flow	42.39	-70.15	739.49	170.55
Net Cash Flow	38.37	-86.52	11	-64.92
Free Cash Flow	29.32	29.88	77.71	34.56
Free Cash Flow Growth	-1.87%	-61.55%	124.87%	-
Free Cash Flow Margin	45.55%	30.35%	84.15%	47.53%
Free Cash Flow Per Share	3.79	3.91	10.17	4.45
Cash Interest Paid	108.71	86.04	17.79	14.01
Cash Income Tax Paid	5.38	12.1	11.52	5.09

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