ConnectOne 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	73.79	87	125.21	130.35
Depreciation & Amortization	5.66	5.94	5.55	5.74
Other Amortization	0.51	1.18	0.3	0.3
Gain (Loss) on Sale of Assets	0.48	0.02	0.03	-0.63
Gain (Loss) on Sale of Investments	0.79	1.15	3.68	6.14
Total Asset Writedown	-0.05	-0.05	-0.05	-0.07
Provision for Credit Losses	13.8	8.2	17.75	-5.5
Net Decrease (Increase) in Loans Originated / Sold - Operating	1.98	10.49	7.21	20.56
Accrued Interest Receivable	3.61	-3.05	-11.91	1.17
Change in Other Net Operating Assets	-38.72	-23.13	30.13	51.07
Other Operating Activities	-2.11	3.88	-1.14	-2.24
Operating Cash Flow	60.7	92.89	176.78	202.27
Operating Cash Flow Growth	-34.66%	-47.45%	-12.61%	149.34%
Capital Expenditures	-3.79	-7.43	-3.3	-2.78
Sale of Property, Plant and Equipment	1.28	-	0.7	0.11
Investment in Securities	-12.39	19.54	-192.31	-64.41
Divestitures	-	-	-	0.97
Net Decrease (Increase) in Loans Originated / Sold - Investing	57.94	-255.53	-1,293	-596.35
Other Investing Activities	12.12	-4.85	-55.74	-27.73
Investing Cash Flow	55.15	-248.04	-1,543	-689.86
Long-Term Debt Issued	866.53	2,947	4,203	340
Long-Term Debt Repaid	-1,112	-2,946	-3,814	-347.73
Net Debt Issued (Repaid)	-245.54	0.94	389.39	-7.73
Issuance of Common Stock	-	0.1	0.12	0.11
Repurchase of Common Stock	-7.22	-19.4	-15.26	-10.68
Preferred Stock Issued	-	-	-	110.93
Common Dividends Paid	-27.28	-25.91	-23.43	-17.49
Preferred Dividends Paid	-6.04	-6.04	-6.04	-1.72
Total Dividends Paid	-33.32	-31.95	-29.47	-19.21
Net Increase (Decrease) in Deposit Accounts	284	179.86	1,024	375.95
Financing Cash Flow	-2.08	129.55	1,369	449.37
Net Cash Flow	113.77	-25.6	2.78	-38.22
Free Cash Flow	56.91	85.46	173.48	199.49
Free Cash Flow Growth	-33.41%	-50.74%	-13.04%	152.76%
Free Cash Flow Margin	22.74%	32.75%	58.29%	70.23%
Free Cash Flow Per Share	1.48	2.19	4.39	5.00
Cash Interest Paid	270.95	230.81	67.85	41.79
Cash Income Tax Paid	24	31.65	49.23	45.43

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