Carter Bankshares, Inc. (CARE)

Carter Bankshares Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	31.16	24.52	23.38	50.12	31.59	-45.86
Depreciation & Amortization	8.14	7.55	6.61	6.44	6.46	6.14
Gain (Loss) on Sale of Assets	-	-	-	-	0.15	0.05
Gain (Loss) on Sale of Investments	3.26	3.5	8.09	5.1	-2.16	-3.23
Total Asset Writedown	-	-	-	-	3.47	63.68
Provision for Credit Losses	-6.61	-5.05	6.4	2.93	2.08	18.01
Net Decrease (Increase) in Loans Originated / Sold - Operating	0.08	0.14	0.11	2.14	25.57	-5.46
Change in Other Net Operating Assets	-1.95	1.83	-1.43	-0.72	5.61	-25.84
Other Operating Activities	3.34	2.84	2.1	3.88	4.08	-0.54
Operating Cash Flow	39.24	36.94	46.73	70.79	77.54	7.7
Operating Cash Flow Growth	17.62%	-20.95%	-33.99%	-8.70%	906.46%	-79.88%
Capital Expenditures	-8.12	-8.13	-9.8	-5.89	-8.48	-10.12
Sale of Property, Plant and Equipment	-	-	-	0.41	-	-
Investment in Securities	15.99	56.28	67.29	-31.16	-159.4	-10.62
Divestitures	-	-	-	-	-73.92	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-248.33	-135.89	-359.41	-342.88	119.45	-75.69
Other Investing Activities	6.19	15.14	-11.89	-7.39	2.74	-0.98
Investing Cash Flow	-178.1	-68.4	-307.01	-382.07	-106.36	-93.27
Short-Term Debt Issued	-	-	-	17.87	-	-
Long-Term Debt Issued	-	1,870	3,442	300.55	-	25
Total Debt Issued	462	1,870	3,442	318.42	-	25
Short-Term Debt Repaid	-	-	-17.87	-	-	-
Long-Term Debt Repaid	-	-2,193	-3,229	-127	-28	-
Total Debt Repaid	-376.5	-2,193	-3,247	-127	-28	-
Net Debt Issued (Repaid)	85.5	-323.4	194.98	191.42	-28	25
Repurchase of Common Stock	-14.04	-	-16.42	-42.93	-0.16	-
Net Increase (Decrease) in Deposit Accounts	69.35	431.51	89.38	-68.14	92.83	180.38
Financing Cash Flow	140.81	108.11	267.94	80.35	64.67	201.69
Net Cash Flow	1.96	76.64	7.66	-230.93	35.86	116.13
Free Cash Flow	31.13	28.81	36.93	64.9	69.05	-2.42
Free Cash Flow Growth	17.24%	-22.00%	-43.09%	-6.01%	-	-
Free Cash Flow Margin	20.14%	20.45%	27.52%	41.05%	50.67%	-2.15%
Free Cash Flow Per Share	1.37	1.26	1.59	2.64	2.62	-0.09
Cash Interest Paid	105.08	106.34	69.12	19.34	23.47	36.7
Cash Income Tax Paid	3.16	0.48	5.72	5.79	2.72	0.42

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q