Financial Statements

The Bank of N.T. Butterfield & Son ... (NTB)

$33.27

-0.47 (-1.39%)
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) 34-9-93-204-
Net Income 163147177195153
Stock Dividends -5-15---288
Dividend Paid -87-89-94-84-70
Retained Earnings 10434-9-93-204

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 151158158165-
Annual Depreciation 4132313180
Capital Expenditure -16-21-23-20-15
Net PPE 139151158158165

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -22242526
New Purchases -795-1,146-2,641-3,663-5,754
Intangible and Goodwill 2224252625

The Bank of N.T. Butterfield & Son Limited 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 The Bank of N.T. Butterfield & Son Limited 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.