Sound Financial Bancorp, Inc. (SFBC) Cash Flow Statement
Where SFBC’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $7.2M +144.2% vs 2024
- Capital expenditures
- $170,000 0.3% of revenue
- Free cash flow
- $7.0M 11.3% margin
- Returned to shareholders
- $2.1M 30% of free cash flow
- Change in cash
- $94.8M cash at year-end $138.5M
Drawn to scale: where the cash came from and how it was used. Hover for values.
SFBC operating cash flow, capex and free cash flow
SFBC cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $7.1M2016 | $7.2M2025 | +0.0%/yr | |
| Capital expenditures | $1.0M2016 | $170,0002025 | −17.9%/yr | |
| Free cash flow | $6.1M2016 | $7.0M2025 | +1.5%/yr | |
| Free cash flow margin | 20.4%2016 | 11.3%2025 | −9.0 pts | |
| Operating cash flow / net income | 1.332016 | 1.002025 | −0.33 | |
| Stock-based compensation | $525,0002016 | $303,0002025 | −5.9%/yr | |
| Dividends paid | $745,0002016 | $1.9M2025 | +11.3%/yr | |
| Share buybacks (net) | $02016 | $130,0002025 | — | |
| Capex / revenue | 3.3%2016 | 0.3%2025 | −3.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SFBC cash flow by activity
SFBC 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).
SFBC cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $7.2M | $4.6M | $7.4M | $8.8M | $9.2M | $8.9M | $6.7M | $7.0M | $5.1M | $5.4M |
| Depreciation & amortization | $1.5M | $1.6M | $1.7M | $1.6M | $1.6M | $1.8M | $1.5M | $989,000 | $943,000 | $793,000 |
| Stock-based compensation | $303,000 | $390,000 | $450,000 | $475,000 | $360,000 | $338,000 | $267,000 | $273,000 | $523,000 | $525,000 |
| Change in working capital | $230,000 | −$1.9M | −$346,000 | −$2.4M | $563,000 | −$580,000 | $2.9M | $964,000 | $636,000 | −$578,000 |
| Other non-cash items | −$2.0M | −$1.7M | −$2.3M | $1.6M | $7.4M | −$11.0M | −$282,000 | $1.1M | −$403,000 | $1.0M |
| Cash from operating activities | $7.2M | $2.9M | $6.9M | $10.1M | $19.1M | −$484,000 | $11.1M | $10.3M | $6.8M | $7.1M |
| Investing activities | ||||||||||
| Capital expenditures | −$170,000 | −$76,000 | −$444,000 | −$398,000 | −$225,000 | −$407,000 | −$654,000 | −$641,000 | −$2.5M | −$1.0M |
| Investments (net) | $538,000 | −$3.9M | −$23.3M | −$185.2M | $1.6M | $4.5M | −$5.2M | −$70.6M | −$47.7M | −$42.1M |
| Acquisitions & other investing | −$2.9M | $76,000 | −$2.6M | $0 | −$79.3M | $407,000 | $36,000 | −$279,000 | $14.0M | $252,000 |
| Cash from investing activities | −$2.5M | −$3.9M | −$26.3M | −$185.6M | −$77.9M | $4.5M | −$5.8M | −$71.5M | −$36.1M | −$42.9M |
| Financing activities | ||||||||||
| Dividends paid | −$1.9M | −$1.9M | −$1.9M | −$2.0M | −$2.0M | −$2.1M | −$1.4M | −$1.4M | −$1.5M | −$745,000 |
| Share repurchases & issuance (net) | −$130,000 | −$283,000 | −$2.4M | −$1.9M | −$152,000 | −$73,000 | $526,000 | $539,000 | $714,000 | $680,000 |
| Net borrowing (repayment) | −$19.0M | −$15.0M | −$3.0M | $43.0M | $43.0M | $4.1M | −$73.5M | $23.9M | $4.2M | $14.4M |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $111.2M | $12.2M | $18.6M | $10.7M | $7.8M | $132.1M | $63.1M | $39.2M | $32.0M | $27.8M |
| Cash from financing activities | $90.2M | −$5.0M | $11.3M | $49.8M | $48.6M | $134.0M | −$11.3M | $62.3M | $35.4M | $42.1M |
| Summary | ||||||||||
| Net change in cash | $94.8M | −$6.0M | −$8.1M | −$125.8M | −$10.2M | $138.1M | −$6.0M | $1.1M | $6.1M | $6.3M |
| Cash at end of period | $138.5M | $43.6M | $49.7M | $57.8M | $183.6M | $193.8M | $55.8M | $61.8M | $60.7M | $54.6M |
| Free cash flow | $7.0M | $2.9M | $6.4M | $9.7M | $18.8M | −$891,000 | $10.4M | $9.7M | $4.3M | $6.1M |
| Free cash flow margin | 11.3% | 4.6% | 11.6% | 21.8% | 45.7% | −2.1% | 27.0% | 25.9% | 13.9% | 20.4% |
| Capex / revenue | 0.3% | 0.1% | 0.8% | 0.9% | 0.5% | 1.0% | 1.7% | 1.7% | 7.9% | 3.3% |
| Operating cash flow / net income | 1.00 | 0.63 | 0.93 | 1.14 | 2.08 | −0.05 | 1.66 | 1.47 | 1.33 | 1.33 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $2.5M | $1.6M | $2.2M | $1.7M | $2.1M | $1.2M | $1.9M | $1.2M | $795,000 | $770,000 | $1.2M | $1.2M |
| Depreciation & amortization | $410,000 | $295,000 | $1.3M | $369,000 | $377,000 | $389,000 | $379,000 | $381,000 | $404,000 | $415,000 | $419,000 | $409,000 |
| Stock-based compensation | $49,000 | $57,000 | $72,000 | $75,000 | $75,000 | $81,000 | $99,000 | $98,000 | $98,000 | $95,000 | $82,000 | $292,000 |
| Change in working capital | $894,000 | −$1.9M | $2.7M | −$1.1M | −$527,000 | $1.6M | −$1.3M | $744,000 | −$2.7M | $1.3M | $593,000 | −$315,000 |
| Other non-cash items | −$3.6M | $1.5M | −$4.4M | $2.8M | −$2.5M | −$1.4M | −$965,000 | $897,000 | −$2.6M | $938,000 | −$183,000 | $1.4M |
| Cash from operating activities | $224,000 | $1.5M | $2.0M | $3.8M | −$494,000 | $1.9M | $153,000 | $3.3M | −$4.0M | $3.5M | $2.1M | $3.0M |
| Investing activities | ||||||||||||
| Capital expenditures | −$58,000 | −$32,000 | −$100,000 | −$62,000 | −$24,000 | −$38,000 | −$26,000 | −$41,000 | −$1.6M | −$1.6M | −$219,000 | −$63,000 |
| Investments (net) | $100,000 | −$4.9M | $85,000 | −$4.2M | −$17.1M | $13.9M | $1.8M | −$12.4M | $11.8M | −$5.1M | −$19.1M | −$20.0M |
| Acquisitions & other investing | $30.0M | −$16.1M | $4.9M | $62,000 | $24,000 | $38,000 | $26,000 | $41,000 | $1.6M | $1.6M | $219,000 | $63,000 |
| Cash from investing activities | $30.0M | −$21.1M | $4.8M | −$4.2M | −$17.1M | $13.9M | $1.8M | −$12.4M | $11.8M | −$5.1M | −$19.1M | −$20.0M |
| Financing activities | ||||||||||||
| Dividends paid | −$537,000 | −$541,000 | −$485,000 | −$488,000 | −$487,000 | −$487,000 | −$489,000 | −$487,000 | −$486,000 | −$486,000 | −$488,000 | −$489,000 |
| Share repurchases & issuance (net) | $541,000 | — | −$130,000 | $0 | $0 | $0 | $218,000 | −$219,000 | −$59,000 | −$5,000 | −$813,000 | −$229,000 |
| Net borrowing (repayment) | — | — | −$19.0M | −$1,000 | $0 | −$4,000 | −$15.0M | $1,000 | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$48.2M | $19.6M | $50.1M | −$516,000 | −$10.9M | $72.6M | −$91.9M | $23.6M | −$10.1M | $90.4M | −$33.9M | $19.4M |
| Cash from financing activities | −$48.2M | $19.1M | $30.5M | −$1.0M | −$11.4M | $72.1M | −$107.2M | $22.9M | −$10.7M | $89.9M | −$35.2M | $18.7M |
| Summary | ||||||||||||
| Net change in cash | −$17.9M | −$469,000 | $37.3M | −$1.4M | −$29.0M | $87.9M | −$105.3M | $13.8M | −$2.9M | $88.3M | −$52.2M | $1.7M |
| Cash at end of period | $120.1M | $138.0M | $138.5M | $101.2M | $102.5M | $131.5M | $43.7M | $148.9M | $135.1M | $138.0M | $49.7M | $101.9M |
| Free cash flow | $166,000 | $1.5M | $1.9M | $3.9M | −$518,000 | $1.8M | $127,000 | $3.2M | −$2.4M | $1.9M | $1.9M | $2.9M |
| Free cash flow margin | 1.0% | 9.5% | 12.5% | 24.9% | −3.2% | 12.3% | 0.8% | 20.1% | −15.8% | 12.8% | 13.2% | 21.1% |
| Capex / revenue | 0.4% | 0.2% | 0.7% | 0.4% | 0.1% | 0.3% | 0.2% | 0.3% | 10.7% | 10.9% | 1.5% | 0.5% |
| Operating cash flow / net income | 0.09 | 0.95 | 0.89 | 2.24 | −0.24 | 1.59 | 0.08 | 2.84 | −5.05 | 4.57 | 1.75 | 2.53 |
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.
SFBC cash generation
In fiscal 2025 (ended December 31, 2025), Sound Financial Bancorp generated $7.2 million of cash from operations (up 144.2%) and spent $0.2 million on capital expenditures, leaving free cash flow of $7.0 million, 11.3% of revenue. It returned $2.1 million to shareholders through dividends ($1.9 million) and net share buybacks ($0.1 million). Cash and equivalents rose by $94.8 million over the year.
Related: SFBC income statement, SFBC balance sheet, SFBC dividend history. See the SFBC stock overview for the latest quote and news.
SFBC cash flow FAQ
What is Sound Financial Bancorp's free cash flow?
Sound Financial Bancorp's free cash flow was $7.0 million in fiscal 2025: $7.2 million of operating cash flow minus $0.2 million of capital expenditures It was $2.9 million a year earlier..
How much cash does Sound Financial Bancorp generate from operations?
Sound Financial Bancorp generated $7.2 million of cash from operating activities in fiscal 2025, 1.00 times its net income of $7.2 million.
How much does Sound Financial Bancorp spend on capital expenditures?
Sound Financial Bancorp spent $0.2 million on capital expenditures in fiscal 2025, 0.3% of revenue, compared with $0.1 million the year before.
How much stock does Sound Financial Bancorp buy back?
Sound Financial Bancorp spent $0.1 million on net share repurchases in fiscal 2025.
How much does Sound Financial Bancorp pay in dividends?
Sound Financial Bancorp paid $1.9 million in dividends in fiscal 2025, 27.9% of free cash flow.