Capital Bank Financial Corp (CBF) financial statements (2020 and earlier)
Company profile
| Business Address |
121 ALHAMBRA PLAZA CORAL GABLES, FL 33134 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 313 | 148 | 188 | 164 | 735 | ||
| Cash and cash equivalents | 309 | 145 | 188 | 164 | 735 | ||
| Short-term investments | 4 | 3 | |||||
| Total current assets: | 313 | 148 | 188 | 164 | 735 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 205 | 159 | 173 | 180 | 198 | ||
| Intangible assets, net (including goodwill) | 269 | 150 | 153 | 155 | 176 | ||
| Goodwill | 236 | 135 | 135 | 132 | 148 | ||
| Intangible assets, net (excluding goodwill) | 33 | 15 | 19 | 23 | 29 | ||
| Deferred costs | 8 | 8 | |||||
| Total noncurrent assets: | 482 | 317 | 327 | 335 | 375 | ||
| Other undisclosed assets | 9,136 | 6,985 | 6,317 | 6,118 | 6,186 | ||
| TOTAL ASSETS: | 9,931 | 7,449 | 6,831 | 6,618 | 7,296 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Debt | 19 | 12 | 23 | 25 | 42 | ||
| Total current liabilities: | 19 | 12 | 23 | 25 | 42 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 3 | ||||||
| Long-term debt, excluding current maturities | 3 | ||||||
| Liabilities, other than long-term debt | 0 | ||||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | 0 | |||
| Total noncurrent liabilities: | 3 | 0 | |||||
| Other undisclosed liabilities | 8,619 | 6,451 | 5,744 | 5,477 | 6,098 | ||
| Total liabilities: | 8,639 | 6,463 | 5,768 | 5,505 | 6,140 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 1,291 | 986 | 1,063 | 1,112 | 1,155 | ||
| Treasury stock, value | (312) | (294) | (173) | (70) | |||
| Additional paid in capital | 1,368 | 1,076 | 1,082 | 1,082 | 1,077 | ||
| Accumulated other comprehensive income (loss) | (12) | (5) | (4) | (8) | 9 | ||
| Retained earnings | 248 | 209 | 158 | 107 | 69 | ||
| Other undisclosed stockholders' equity | 1 | 1 | 1 | 1 | 1 | ||
| Total stockholders' equity: | 1,292 | 986 | 1,064 | 1,113 | 1,156 | ||
| TOTAL LIABILITIES AND EQUITY: | 9,931 | 7,449 | 6,831 | 6,618 | 7,296 | ||
Income statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 339 | 309 | ||||
| Net investment income | 298 | 272 | ||||
| Cost of revenue (Financial Services Costs) | (5) | (2) | (14) | (22) | ||
| Gross profit: | 334 | 306 | (14) | (22) | ||
| Operating expenses | (167) | (148) | (98) | (96) | (127) | |
| Other operating income, net (Noninterest Income, Other Operating Income) | 10 | 10 | 12 | 13 | 8 | |
| Operating income (loss): | 177 | 168 | (85) | (98) | (140) | |
| Nonoperating income (expense) | (8) | 2 | (2) | (7) | (8) | |
| Investment income, nonoperating | (0) | (9) | (12) | (13) | ||
| Loss on contract termination | (9) | |||||
| Gains on sales of other real estate | 1 | 2 | 5 | 3 | 4 | |
| Bank owned life insurance income | 2 | 2 | 1 | |||
| Interest and debt expense | (34) | (29) | (25) | (30) | (42) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (46) | (55) | 194 | 201 | 225 | |
| Income from continuing operations before income taxes: | 89 | 86 | 82 | 66 | 34 | |
| Income tax expense (benefit) | (31) | (31) | (31) | (27) | 21 | |
| Net income: | 58 | 55 | 51 | 39 | 56 | |
| Net loss attributable to noncontrolling interest | (5) | |||||
| Net income available to common stockholders, diluted: | 58 | 55 | 51 | 39 | 51 | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 58 | 55 | 51 | 39 | 56 | |
| Other comprehensive income (loss) | (7) | (1) | 4 | (17) | 1 | |
| Comprehensive income: | 51 | 53 | 55 | 22 | 57 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 5 | |||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (10) | |||||
| Comprehensive income, net of tax, attributable to parent: | 51 | 53 | 55 | 22 | 52 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.