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Carter Bankshares Inc (CARE)

Carter Bankshares Inc (CARE)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2024 09-2024 06-2024 03-2024 12-2023
Cash Flows From Operating Activities
Net Income 24,523 16,243 10,614 5,811 23,384
Depreciation Amortization 11,164 8,305 5,619 2,879 14,703
Income taxes - deferred 2,689 1,377 -1,418 189 368
Other Working Capital 3,301 -427 94 8,703 -46
Loans 0 -390 0 0 0
Other Operating Activity -4,739 379 266 52 8,321
Operating Cash Flow $36,938 $25,487 $15,175 $17,634 $46,730
Cash Flows From Investing Activities
PPE Investments -8,133 -4,996 -1,614 -1,305 -9,798
Purchase Of Investment -25,126 -13,615 -13,615 N/A -24,938
Sale Of Investment 96,546 79,716 48,950 14,962 80,338
Net Loans -135,888 -98,866 -45,665 -4,874 -359,407
Other Investing Activity 4,199 2,984 0 1,458 6,794
Investing Cash Flow $-68,402 $-34,777 $-11,944 $10,241 $-307,011
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A N/A N/A -17,870
Debt Issued 1,870,000 1,870,000 1,482,500 903,500 3,441,685
Debt Repayment -2,193,400 -2,173,400 -1,637,900 -986,400 -3,228,835
Common Stock Repurchased N/A 0 0 N/A -16,416
Financing Cash Flow $108,106 $59,753 $3,986 $25,706 $267,941
Beginning Cash Position 54,529 54,529 54,529 54,529 46,869
End Cash Position 131,171 104,992 61,746 108,110 54,529
Net Cash Flow $76,642 $50,463 $7,217 $53,581 $7,660
Free Cash Flow
Operating Cash Flow 36,938 25,487 15,175 17,634 46,730
Capital Expenditure -8,133 -4,996 -3,116 -1,305 -9,798
Free Cash Flow 28,805 20,491 12,059 16,329 36,932
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