Financial Statements

Sterling Bancorp (STL)

$26.29

-0.88 (-3.24%)
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) 1,2921,167792402-
Net Income 40522642744793
Stock Dividends -58-381514355
Dividend Paid --63-67-72-46
Retained Earnings 1,6381,2921,167792402

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 363412264322-
Annual Depreciation -166-28171-34330
Capital Expenditure --20-24-24-8
Net PPE 197363412264322

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,5801,6131,6831,683
New Purchases -3,142-1,019-249-384-
Intangible and Goodwill 1,5801,6131,6831,6831,683

Sterling Bancorp 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 Sterling Bancorp 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.