First Republic Bank Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Net Income	1,665	1,478	1,064	930	853.83
Depreciation & Amortization	192	184	166	138	114.36
Gain (Loss) on Sale of Investments	-	-	-	3	-5.2
Provision for Credit Losses	107	59	157	62	76.09
Net Decrease (Increase) in Loans Originated / Sold - Operating	-915	-1,099	-853	-433	59.52
Change in Other Net Operating Assets	-1,023	385	-72	201	17.69
Other Operating Activities	27	-43	-80	-66	-92.6
Operating Cash Flow	252	1,204	531	939	1,111
Operating Cash Flow Growth	-79.07%	126.74%	-43.45%	-15.50%	9.79%
Capital Expenditures	-197	-198	-149	-168	-133.88
Investment in Securities	-5,693	-6,275	652	-1,911	2,530
Net Decrease (Increase) in Loans Originated / Sold - Investing	-31,937	-22,399	-21,788	-14,867	-13,440
Other Investing Activities	-978	-271	-570	-89	-18.09
Investing Cash Flow	-38,805	-29,143	-21,855	-17,035	-11,062
Short-Term Debt Issued	6,700	-	-	700	-
Long-Term Debt Issued	3,600	-	6,955	7,050	3,300
Total Debt Issued	10,300	-	6,955	7,750	3,300
Short-Term Debt Repaid	-	-	-800	-	-
Long-Term Debt Repaid	-500	-8,055	-6,900	-3,950	-2,900
Total Debt Repaid	-500	-8,055	-7,700	-3,950	-2,900
Net Debt Issued (Repaid)	9,800	-8,055	-745	3,800	400
Issuance of Common Stock	436	804	540	189	213.51
Repurchase of Common Stock	-104	-106	-62	-90	-51.6
Preferred Stock Issued	-	2,190	492	383	290.16
Preferred Share Repurchases	-	-150	-100	-190	-350
Common Dividends Paid	-190	-155	-139	-128	-117.84
Preferred Dividends Paid	-158	-99	-59	-49	-57.73
Total Dividends Paid	-348	-254	-198	-177	-175.57
Net Increase (Decrease) in Deposit Accounts	20,105	41,394	24,795	11,070	10,138
Other Financing Activities	-	-32	-3	-	-
Financing Cash Flow	29,889	35,791	24,719	14,985	10,465
Net Cash Flow	-8,664	7,852	3,395	-1,111	514.14
Free Cash Flow	55	1,006	382	771	977.33
Free Cash Flow Growth	-94.53%	163.35%	-50.45%	-21.11%	15.60%
Free Cash Flow Margin	0.95%	20.22%	10.16%	23.51%	32.92%
Free Cash Flow Per Share	0.30	5.59	2.21	4.54	5.90
Cash Interest Paid	802	272	615	808	516.78
Cash Income Tax Paid	304	255	157	155	97.85

Updated Apr 24, 2023. Source: S&P Global Market Intelligence. Banks template. Financial Sources.