Stellar Bancorp 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	115	130.5	51.43	81.55
Depreciation & Amortization	32.03	34.47	14.25	7.55
Gain (Loss) on Sale of Assets	-0.77	-0.39	-4.05	0.27
Gain (Loss) on Sale of Investments	5.77	6.58	5.73	7.76
Total Asset Writedown	-	-	0.95	1.32
Provision for Credit Losses	-2.88	8.94	50.71	-2.32
Accrued Interest Receivable	-3.62	-2.32	2.62	-1.32
Change in Other Net Operating Assets	3.82	4.2	2.82	2.86
Other Operating Activities	-0.09	6.85	0.67	2.16
Operating Cash Flow	132.62	168.22	109.07	107.38
Operating Cash Flow Growth	-21.16%	54.23%	1.57%	75.85%
Capital Expenditures	-4.66	-6.86	-3.81	-2.93
Sale of Property, Plant and Equipment	7.66	8.98	2.32	1.74
Cash Acquisitions	-	-	370.45	-
Investment in Securities	-292.33	436.61	271.56	-1,030
Net Decrease (Increase) in Loans Originated / Sold - Investing	517.61	-134.71	-561.2	277.44
Other Investing Activities	17.81	-8.77	-5.56	-1.53
Investing Cash Flow	246.09	295.25	73.76	-754.82
Long-Term Debt Repaid	-90	-14	-26	-65.57
Net Debt Issued (Repaid)	-90	-14	-26	-65.57
Issuance of Common Stock	-	-	0.08	3.81
Repurchase of Common Stock	-2.84	-	-23.61	-5.66
Common Dividends Paid	-28.31	-27.7	-15.38	-9.7
Total Dividends Paid	-28.31	-27.7	-15.38	-9.7
Net Increase (Decrease) in Deposit Accounts	254.92	-394.17	-503.72	1,059
Other Financing Activities	-0.5	-0.08	-	-
Financing Cash Flow	133.27	-435.94	-568.63	982.19
Net Cash Flow	511.98	27.53	-385.8	334.74
Free Cash Flow	127.96	161.36	105.26	104.45
Free Cash Flow Growth	-20.70%	53.30%	0.77%	93.85%
Free Cash Flow Margin	29.49%	35.67%	40.70%	43.62%
Free Cash Flow Per Share	2.39	3.03	3.01	3.62
Cash Interest Paid	188.64	144.87	33.69	25.57
Cash Income Tax Paid	27.4	14	15.05	19.25

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