First Business Financial Services, Inc. (FBIZ)

FBIZ Cash Flow Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net Income	37.41	40.86	35.76	16.98	23.32	16.3
Depreciation & Amortization	3.82	4.07	3.55	3.47	3.05	1.48
Provision for Credit Losses	6.31	-3.87	-5.8	16.81	2.09	5.49
Stock-Based Compensation	3.03	2.58	2.51	1.87	1.57	1
Net Change in Loans Held-for-Sale	-3.39	0.94	5.13	-3.49	0.08	-3.09
Other Adjustments	4.29	-3.23	-1.11	-2.38	-0.65	2.77
Changes in Accrued Interest and Accounts Receivable	-16.59	-7.73	-6.77	-11.13	-15.16	-4.43
Changes in Accounts Payable	10.88	5.03	2.73	4.51	14.69	5.76
Operating Cash Flow	46.21	38.65	35.99	26.64	28.99	25.28
Operating Cash Flow Growth	8.43%	7.37%	35.13%	-8.11%	14.65%	12.82%
Net Change in Loans Held-for-Investment	-434.55	-199.47	-86.66	-439.22	-100.44	-122.01
Net Change in Securities and Investments	-75.68	-27.83	-20.31	-1.48	-27.23	-13.34
Capital Expenditures	-3.95	-3.22	-0.39	-0.26	-0.23	-0.97
Sale of Property, Plant & Equipment	-	-	0.04	-	-	-
Other Investing Activities	-11.19	-14.75	-3.69	-13.54	-3.59	-1.53
Investing Cash Flow	-523.63	-245.27	-111.01	-454.51	-131.5	-137.85
Net Change in Deposits	569.46	210.28	102.41	325.14	75.08	60.97
Short-Term Debt Issued	1,854	2,422	788.3	1,348	557	895.1
Short-Term Debt Repaid	-1,917	-2,375	-814	-1,250	-536.5	-804.1
Net Short-Term Debt Issued (Repaid)	-63.3	47.58	-25.7	98.76	20.5	91
Long-Term Debt Issued	-	20	-	-	15	-
Long-Term Debt Repaid	-	-19.17	-	-	-15	-
Net Long-Term Debt Issued (Repaid)	-8.11	-5.13	10	0.3	-0.05	0.06
Issuance of Common Stock	0.12	0.13	0.16	0.07	-	-
Repurchase of Common Stock	-5.58	-6.13	-5.48	-1.67	-7.25	-0.53
Net Common Stock Issued (Repurchased)	-5.46	-5.99	-5.32	-1.61	-7.25	-0.53
Issuance of Preferred Stock	-	11.99	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-	11.99	-	-	-	-
Common Dividends Paid	-7.35	-6.69	-6.17	-5.65	-5.22	-4.92
Preferred Share Dividends Paid	-0.88	-0.68	-	-	-	-
Other Financing Activities	-	-	-	0.74	-	-
Financing Cash Flow	499.37	252.19	75.22	417.68	83.07	146.58
Net Cash Flow	21.95	45.57	0.2	-10.19	-19.44	34.01
Free Cash Flow	42.26	35.42	35.6	26.37	28.76	24.31
Free Cash Flow Growth	19.31%	-0.50%	35.00%	-8.31%	18.30%	14.86%
FCF Margin	31.22%	26.89%	30.03%	30.24%	31.54%	30.38%
Free Cash Flow Per Share	5.20	4.31	4.28	3.15	3.38	2.81
Levered Free Cash Flow	-40.72	80.76	19.17	112.62	46.13	109.2
Unlevered Free Cash Flow	-5.85	-1.86	-0.88	-3.42	2.35	1.84

Updated Oct 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q