Financial Statements

First Bank (FRBA)


+0.11 (+0.79%)
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) 63463520-
Net Income 351913187
Stock Dividends ---014
Dividend Paid -3-2-2-2-1
Retained Earnings 9663463520

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1112116-
Annual Depreciation -1-1276
Capital Expenditure -0-0-1-2-0
Net PPE 101112116

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -10161616
New Purchases -26-5-11-42-75
Intangible and Goodwill 1016161618

First Bank 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 First Bank 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.