Central Bancompany, Inc. (CBC) Cash Flow Statement
Where CBC’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $248.2M −31.7% vs 2024
- Capital expenditures
- $16.8M 1.4% of revenue
- Free cash flow
- $231.4M 18.9% margin
- Returned to shareholders
- $246.5M 107% of free cash flow
- Change in cash
- $822.3M cash at year-end $2.06B
Drawn to scale: where the cash came from and how it was used. Hover for values.
CBC operating cash flow, capex and free cash flow
CBC cash flow trends, 2021–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $266.7M2021 | $248.2M2025 | −1.8%/yr | |
| Capital expenditures | $17.3M2021 | $16.8M2025 | −0.8%/yr | |
| Free cash flow | $249.4M2021 | $231.4M2025 | −1.9%/yr | |
| Free cash flow margin | 34.1%2021 | 18.9%2025 | −15.1 pts | |
| Operating cash flow / net income | 1.082021 | 0.632025 | −0.45 | |
| Stock-based compensation | $2.0M2023 | $3.1M2025 | +24.1%/yr | |
| Dividends paid | $46.5M2021 | $246.5M2025 | +51.8%/yr | |
| Share buybacks (net) | $02021 | $02025 | — | |
| Capex / revenue | 2.4%2021 | 1.4%2025 | −1.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CBC cash flow by activity
CBC net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
CBC cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | $390.9M | $305.8M | $273.7M | $258.2M | $246.8M |
| Depreciation & amortization | $20.0M | $19.2M | $19.6M | $28.1M | $33.3M |
| Stock-based compensation | $3.1M | $3.5M | $2.0M | — | — |
| Change in working capital | −$152.1M | −$12.6M | $3.5M | −$17.6M | −$37.8M |
| Other non-cash items | −$13.7M | $47.5M | $46.3M | $36.2M | $24.4M |
| Cash from operating activities | $248.2M | $363.3M | $345.1M | $304.9M | $266.7M |
| Investing activities | |||||
| Capital expenditures | −$16.8M | −$25.2M | −$25.9M | −$18.1M | −$17.3M |
| Investments (net) | −$609.0M | −$472.5M | $1.57B | −$1.21B | −$485.7M |
| Acquisitions & other investing | $162.0M | — | — | — | — |
| Cash from investing activities | −$463.7M | — | — | — | — |
| Financing activities | |||||
| Dividends paid | −$246.5M | −$57.5M | −$51.9M | −$48.6M | −$46.5M |
| Share repurchases & issuance (net) | $0 | −$12.1M | −$959,000 | −$7.6M | $0 |
| Net borrowing (repayment) | $403.1M | $0 | — | $0 | −$5.0M |
| Shares issued | $0 | $0 | $0 | $0 | $0 |
| Other financing | $881.3M | −$102.5M | −$782.5M | −$672.1M | $1.84B |
| Cash from financing activities | $1.04B | −$172.2M | −$835.3M | −$728.3M | $1.79B |
| Summary | |||||
| Net change in cash | $822.3M | −$442.8M | $789.6M | −$2.52B | $1.59B |
| Cash at end of period | $2.06B | $1.24B | $1.68B | $895.0M | $3.42B |
| Free cash flow | $231.4M | $338.1M | $319.2M | $286.9M | $249.4M |
| Free cash flow margin | 18.9% | 37.7% | 38.0% | 38.2% | 34.1% |
| Capex / revenue | 1.4% | 2.8% | 3.1% | 2.4% | 2.4% |
| Operating cash flow / net income | 0.63 | 1.19 | 1.26 | 1.18 | 1.08 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | $113.8M | $111.1M | $107.6M | $97.1M | $91.4M | $94.8M | $61.9M |
| Depreciation & amortization | $5.0M | $4.9M | $5.1M | $5.0M | $5.0M | $5.0M | $4.1M |
| Stock-based compensation | $1.5M | $1.0M | $597,000 | $922,000 | $664,000 | $934,000 | $845,000 |
| Change in working capital | −$119.6M | $119.6M | −$33.9M | $7.7M | −$131.0M | $5.1M | −$4.8M |
| Other non-cash items | $101.4M | −$26.5M | −$2.8M | −$4.4M | −$16.7M | −$3.4M | $39.6M |
| Cash from operating activities | $102.1M | $210.1M | $76.6M | $106.2M | −$50.7M | $102.4M | $101.6M |
| Investing activities | |||||||
| Capital expenditures | −$8.4M | −$8.4M | −$12.0M | −$2.7M | −$6.1M | −$1.3M | −$11.7M |
| Investments (net) | −$288.7M | −$411.1M | −$374.1M | $30.5M | −$181.8M | −$83.6M | −$58.0M |
| Acquisitions & other investing | −$135.8M | −$75.0M | −$150.8M | $15.4M | $191.0M | — | — |
| Cash from investing activities | −$432.9M | −$494.5M | −$536.9M | $43.2M | $3.2M | — | — |
| Financing activities | |||||||
| Dividends paid | −$28.7M | −$29.1M | −$34.1M | −$12.1M | −$188.2M | −$12.1M | −$27.7M |
| Share repurchases & issuance (net) | −$7.6M | −$31.1M | $0 | $0 | $0 | $0 | −$9.1M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$241.4M | −$342.1M | $1.53B | −$14.8M | −$407.4M | $177.0M | $639.1M |
| Cash from financing activities | −$277.7M | −$402.4M | $1.50B | −$26.9M | −$595.6M | $164.9M | $602.3M |
| Summary | |||||||
| Net change in cash | −$608.5M | −$686.8M | $1.04B | $122.5M | −$643.2M | $307.8M | $602.8M |
| Cash at end of period | $768.9M | $1.38B | $2.06B | $1.03B | $906.5M | $1.55B | $1.24B |
| Free cash flow | $110.5M | $201.7M | $64.6M | $108.9M | −$56.8M | $101.1M | $89.9M |
| Free cash flow margin | 33.5% | 62.4% | 20.1% | 35.6% | −18.5% | 40.8% | 43.6% |
| Capex / revenue | 2.5% | 2.6% | 3.7% | 0.9% | 2.0% | 0.5% | 5.7% |
| Operating cash flow / net income | 0.90 | 1.89 | 0.71 | 1.09 | −0.55 | 1.08 | 1.64 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
CBC cash generation
In fiscal 2025 (ended December 31, 2025), Central Bancompany generated $248.2 million of cash from operations (down 31.7%) and spent $16.8 million on capital expenditures, leaving free cash flow of $231.4 million, 18.9% of revenue. It returned $246.5 million to shareholders through dividends ($246.5 million) and net share buybacks ($0). Cash and equivalents rose by $822.3 million over the year.
Related: CBC income statement, CBC balance sheet, CBC dividend history. See the CBC stock overview for the latest quote and news.
CBC cash flow FAQ
What is Central Bancompany's free cash flow?
Central Bancompany's free cash flow was $231.4 million in fiscal 2025: $248.2 million of operating cash flow minus $16.8 million of capital expenditures It was $338.1 million a year earlier..
How much cash does Central Bancompany generate from operations?
Central Bancompany generated $248.2 million of cash from operating activities in fiscal 2025, 0.63 times its net income of $390.9 million.
How much does Central Bancompany spend on capital expenditures?
Central Bancompany spent $16.8 million on capital expenditures in fiscal 2025, 1.4% of revenue, compared with $25.2 million the year before.
How much does Central Bancompany pay in dividends?
Central Bancompany paid $246.5 million in dividends in fiscal 2025, 106.5% of free cash flow.