ServisFirst Bancshares, Inc. (SFBS)

ServisFirst Bancshares Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	206.79	251.44	207.67	169.51	149.18
Depreciation & Amortization	4.44	4.12	4.39	4.1	3.95
Share-Based Compensation	3.6	3.21	1.86	1.33	1.1
Other Operating Activities	-17.59	13.79	52.35	16.29	9.98
Operating Cash Flow	197.3	272.63	266.33	191.29	164.28
Operating Cash Flow Growth	-27.63%	2.36%	39.23%	16.44%	-2.39%
Capital Expenditures	-3.91	-3.65	-9.45	-2.31	-2.36
Change in Investments	-199.25	-2,642.91	-1,554.3	-1,350.94	-912.43
Other Investing Activities	2.72	4.34	2.65	-57.83	-73.56
Investing Cash Flow	-200.43	-2,642.22	-1,561.09	-1,411.07	-988.35
Dividends Paid	-45.71	-37.47	-32.52	-28.23	-24.05
Share Issuance / Repurchase	1.29	1.23	3.53	3.49	2.12
Debt Issued / Paid	-362.07	-92.98	860.23	380.84	182.02
Other Financing Activities	1,725	-907.24	2,474	2,444	612.69
Financing Cash Flow	1,318	-1,036.45	3,305	2,801	772.78
Net Cash Flow	1,315	-3,406.04	2,011	1,581	-51.3
Free Cash Flow	193.39	268.98	256.88	188.99	161.92
Free Cash Flow Growth	-28.10%	4.71%	35.93%	16.72%	-2.46%
Free Cash Flow Margin	45.76%	57.64%	66.47%	58.02%	56.03%
Free Cash Flow Per Share	3.55	4.95	4.74	3.50	3.02

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).