Financial Statements

Severn Bancorp, Inc. (SVBI)

$13.1

+0.20 (+1.55%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 39332624-
Net Income 789316
Stock Dividends -1---116
Dividend Paid -2-2-2-0-8
Retained Earnings 4339332624

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 22232324-
Annual Depreciation -1-1-1-222
Capital Expenditure -0012
Net PPE 2122232324

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) --111
New Purchases -4-20-2-8-3
Intangible and Goodwill -1111

Severn Bancorp, 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 Severn Bancorp, 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.