First Financial Bankshares, Inc. (FFIN)

FFIN Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	198.98	234.48	227.56	202.03	164.81
Depreciation & Amortization	12.58	12.76	13.06	12.79	11.67
Share-Based Compensation	4.26	3.96	3.25	0	0
Other Operating Activities	69.01	73.08	111.28	-4.16	25.98
Operating Cash Flow	284.82	324.27	355.15	210.67	202.45
Operating Cash Flow Growth	-12.17%	-8.70%	68.58%	4.06%	8.64%
Capital Expenditures	-13.48	-14.6	-18.38	-14.99	-6.42
Acquisitions	0	0	0	61.03	0
Change in Investments	140.77	-823.41	-2,593.27	-1,308.24	-441.38
Investing Cash Flow	127.29	-838.01	-2,611.65	-1,262.2	-447.8
Dividends Paid	-99.97	-91.32	-79.71	-70.32	-61.06
Share Issuance / Repurchase	-0.6	-3.23	3.99	-3.29	4.29
Debt Issued / Paid	-238.43	-28.65	241.06	48.74	-87.35
Other Financing Activities	132.79	439.02	1,891	1,523	423.42
Financing Cash Flow	-206.2	315.83	2,056	1,498	279.31
Net Cash Flow	205.91	-197.91	-200.5	446.48	33.96
Free Cash Flow	271.34	309.67	336.77	195.67	196.03
Free Cash Flow Growth	-12.38%	-8.05%	72.11%	-0.18%	15.62%
Free Cash Flow Margin	56.39%	60.05%	65.56%	41.61%	49.68%
Free Cash Flow Per Share	1.90	2.17	2.36	1.38	1.44

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).