Carter Bankshares, Inc. (CARE)

Carter Bankshares Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	108.17	31.36	24.52	23.38	50.12	31.59
Depreciation & Amortization	11.01	11.03	10.65	12.6	11.81	11.03
Provision for Credit Losses	-35.83	-3.83	-5.05	6.4	2.93	2.08
Stock-Based Compensation	2.11	2.07	1.75	1.56	1.31	1.04
Net Change in Loans Held-for-Sale	-0.19	-0.18	0.14	0.11	2.14	25.57
Other Adjustments	230.81	-0.12	1.62	2.72	1.85	-0.77
Changes in Other Operating Activities	21.33	-0.47	3.3	-0.05	0.64	6.99
Operating Cash Flow	337.4	39.86	36.94	46.73	70.79	77.54
Operating Cash Flow Growth	1213.87%	7.92%	-20.95%	-33.99%	-8.70%	906.46%
Net Change in Loans Held-for-Investment	-253.35	-255.3	-135.89	-359.41	-342.88	119.45
Net Change in Securities and Investments	97.69	52.25	56.28	67.29	-31.16	-159.4
Payments for Business Acquisitions	-	-	-	-	-	-73.92
Proceeds from Business Divestments	-26.79	-	-	53.57	-	-
Capital Expenditures	-8.07	-8.06	-8.13	-9.8	-5.89	-8.48
Sale of Property, Plant & Equipment	-	-	-	-	0.41	-
Other Investing Activities	1.17	1.63	19.34	-5.09	-2.55	16
Investing Cash Flow	-101.48	-155.91	-68.4	-307.01	-382.07	-106.36
Net Change in Deposits	-21.6	1.54	431.51	89.38	-68.14	92.83
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-	-	-	-17.87	17.87	-
Long-Term Debt Issued	638.5	610	1,870	3,442	300.55	-28
Long-Term Debt Repaid	-939	-501.5	-2,193	-3,229	-127	-
Net Long-Term Debt Issued (Repaid)	-300.5	108.5	-323.4	212.85	173.55	-28
Repurchase of Common Stock	-15.43	-20	-	-16.42	-42.93	-0.16
Net Common Stock Issued (Repurchased)	-15.43	-20	-	-16.42	-42.93	-0.16
Financing Cash Flow	-96.6	90.04	108.11	267.94	80.35	64.67
Net Cash Flow	139.32	-26.01	76.64	7.66	-230.93	35.86
Free Cash Flow	329.33	31.81	28.81	36.93	64.9	69.05
Free Cash Flow Growth	935.41%	10.42%	-22.00%	-43.09%	-6.01%	-
FCF Margin	127.34%	20.28%	20.45%	27.34%	40.76%	50.51%
Free Cash Flow Per Share	14.83	1.42	1.26	1.59	2.64	2.62
Levered Free Cash Flow	-168.07	142.37	-293.06	238.99	230.23	13.12
Unlevered Free Cash Flow	24.27	2.51	5.82	2.76	6.56	9.53

Updated May 7, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q