Carter Bankshares (CARE) Asset Writedowns and Impairment (2020 - 2022)

Carter Bankshares has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $163000.0 in Q4 2022.

• For the quarter ending Q4 2022, Asset Writedowns and Impairment rose 10.14% year-over-year to $163000.0; the trailing twelve-month figure through Dec 2022 stood at $741000.0 (down 78.66% YoY), and the FY2023 full-year result was $1.1 million, up 50.74% from the prior year.
• Asset Writedowns and Impairment for Q4 2022 stood at $163000.0, up from $146000.0 in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $3.1 million in Q2 2021, with the low at $63000.0 in Q4 2020.
• Historically, Asset Writedowns and Impairment has averaged $517818.2 across 3 years, with a median of $146000.0 in 2022.
• The largest YoY upside for Asset Writedowns and Impairment was 134.92% in 2021 against a maximum downside of 91.63% in 2021.
• Carter Bankshares' Asset Writedowns and Impairment stood at $63000.0 in 2020, then surged by 134.92% to $148000.0 in 2021, then gained by 10.14% to $163000.0 in 2022.
• The last three Asset Writedowns and Impairment figures came in at $163000.0 (Q4 2022), $146000.0 (Q3 2022), and $301000.0 (Q2 2022), per Business Quant data.