Hills Bancorporation (HBIA)

Hills Bancorporation Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	85.93	60.5	47.6	38.18	47.75	48.09
Depreciation & Amortization	2.81	2.69	2.5	2.61	2.79	3.45
Gain (Loss) on Sale of Assets	0.91	1.38	0.49	-0.15	-0.09	-0.05
Gain (Loss) on Sale of Investments	-0.55	6.41	4.27	-0.48	0.03	1.2
Provision for Credit Losses	-0.16	12.33	2.21	15.62	6.34	-5.51
Net Decrease (Increase) in Loans Originated / Sold - Operating	1.48	-2.44	0.39	1.18	5.57	45.82
Accrued Interest Receivable	-1.54	-2	-1.62	-4	-4.35	0.74
Change in Other Net Operating Assets	-3.58	-4.01	-0.85	-2.6	0.98	0.39
Other Operating Activities	8.87	-3.65	-0.15	-2.44	-2.1	0.52
Operating Cash Flow	94.92	68.81	55.54	52.84	56.46	85.07
Operating Cash Flow Growth	65.29%	23.89%	5.11%	-6.41%	-33.63%	944.37%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-6	-3.67	-4.5	-3.03	-1.91	-1.46
Sale of Property, Plant and Equipment	-	-	0	-	-	-
Investment in Securities	-166.06	16.16	-169.29	15.94	-280.95	-153.92
Income (Loss) Equity Investments	0.41	0.45	-	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-189	-130.48	-3.66	-337.69	-447.84	52.02
Other Investing Activities	0.68	-5.74	-12.92	-7.23	-0.92	1.14
Investing Cash Flow	-360.39	-123.73	-190.37	-332	-731.61	-102.23

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	1,438	328.36	139.94	81.81	0.25
Long-Term Debt Issued	-	305	84.9	256.65	40	-
Total Debt Issued	1,728	1,743	413.26	396.59	121.81	0.25
Short-Term Debt Repaid	-	-1,440	-0	-3.01	-0	-0
Long-Term Debt Repaid	-	-325.57	-255.22	-	-	-105
Total Debt Repaid	-1,738	-1,766	-255.23	-3.01	-0	-105
Net Debt Issued (Repaid)	-10.03	-22.47	158.04	393.59	121.81	-104.75
Issuance of Common Stock	0.49	0.47	0.36	0.4	1.9	0.43
Repurchase of Common Stock	-11.86	-15.75	-12.96	-7.71	-7.91	-3.57
Common Dividends Paid	-10.81	-10.32	-10.05	-9.69	-9.3	-8.77
Net Increase (Decrease) in Deposit Accounts	291.94	21.7	63.35	-74.59	-176.63	341.43
Financing Cash Flow	259.74	-26.37	198.74	302	-70.13	224.76

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	-5.73	-81.29	63.92	22.84	-745.28	207.61

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	88.91	65.14	51.04	49.81	54.55	83.61
Free Cash Flow Growth	64.76%	27.62%	2.46%	-8.68%	-34.76%	1230.10%
Free Cash Flow Margin	43.77%	40.43%	36.34%	39.26%	39.98%	58.29%
Free Cash Flow Per Share	5.06	3.67	2.82	2.71	2.94	4.49

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	90.05	90.05	83.81	52.33	15.86	18.2
Cash Income Tax Paid	6.46	6.46	9.89	12.05	12.53	9.57

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

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