Carter Bankshares, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $28.9M | $85.8M | $8.5M | $5.4M | $8.5M | $9.0M | $8.3M | $5.6M |
| Depreciation & Amortization | $2.2M | $2.1M | $2.0M | $2.0M | $1.9M | $1.9M | $1.8M | $1.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $616.0K | $519.0K | $522.0K | $539.0K | $529.0K | $481.0K | $428.0K | $458.0K |
| Net Cash from Operating Activities | $-260.5M | $303.9M | $12.1M | $11.8M | $9.6M | $6.4M | $11.5M | $10.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.3M | $1.5M | $3.1M | $1.5M | $1.9M | $1.5M | $3.1M | $1.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $351.6M | $-26.6M | $-11.4M | $-50.0M | $-13.4M | $-81.1M | $-33.6M | $-22.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $-42.8M | $-154.1M | $-2.4M | $45.2M | $14.7M | $32.5M | $48.4M | $55.8M |
| Net Change in Cash | $48.2M | $123.2M | $-1.8M | $7.0M | $10.9M | $-42.2M | $26.2M | $43.2M |
| Free Cash Flow | $-262.9M | $302.4M | $9.0M | $10.3M | $7.7M | $4.9M | $8.3M | $8.4M |