First Business Financial Services, Inc. (FBIZ)

FBIZ Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	36.15	40.18	35.76	16.98	23.32
Depreciation & Amortization	3.64	4.07	3.55	3.47	3.05
Share-Based Compensation	3.17	2.85	2.56	1.84	1.46
Other Operating Activities	8.46	-9.13	-5.88	4.35	1.15
Operating Cash Flow	52.29	38.65	35.99	26.64	28.99
Operating Cash Flow Growth	35.31%	7.37%	35.13%	-8.11%	14.65%
Capital Expenditures	-2.88	-3.22	-0.35	-0.26	-0.23
Acquisitions	-1.41	-1.49	-1.03	-1.78	-2.86
Change in Investments	-502.56	-242.43	-109.64	-447.03	-128.39
Other Investing Activities	0	1.88	-	-5.44	-0.03
Investing Cash Flow	-506.85	-245.27	-111.01	-454.51	-131.5
Dividends Paid	-7.58	-6.69	-6.17	-5.65	-5.22
Share Issuance / Repurchase	-2.84	-5.99	-5.32	-1.61	-7.25
Debt Issued / Paid	-125.89	43.28	-15.7	99.06	20.45
Other Financing Activities	627.7	221.59	102.41	325.88	75.08
Financing Cash Flow	491.39	252.19	75.22	417.68	83.07
Net Cash Flow	36.83	45.57	0.2	-10.19	-19.44
Free Cash Flow	49.41	35.42	35.65	26.37	28.76
Free Cash Flow Growth	39.48%	-0.63%	35.17%	-8.31%	18.30%
Free Cash Flow Margin	36.41%	26.89%	30.06%	30.24%	31.54%
Free Cash Flow Per Share	5.94	4.20	4.25	3.10	3.35

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).