Financial Statements

Carter Bankshares, Inc. (CARE)

$16.2

-0.07 (-0.43%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 255304278266-
Net Income 32-462712-1
Stock Dividends -51--0-267
Dividend Paid --4---
Retained Earnings 235255304278266

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 85868677-
Annual Depreciation -10992380
Capital Expenditure --10-8-15-3
Net PPE 7585868677

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -605962-
New Purchases -435-201-534-278-
Intangible and Goodwill 605962--

Carter Bankshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Carter Bankshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.