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

Carter Bankshares posted quarterly Asset Writedowns and Impairment of $163000.0 for Q4 2022, up 10.14% year-on-year from $148000.0 in Q4 2021, and up 11.64% on a QoQ basis from $146000.0 in Q3 2022.

Carter Bankshares (CARE) has 3 years of Asset Writedowns and Impairment data on file, last reported 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.
  • Across five years, Asset Writedowns and Impairment topped out at $3.1 million in Q2 2021 and bottomed at $63000.0 in Q4 2020.
  • The 3-year median for Asset Writedowns and Impairment is $146000.0 (2022), against an average of $517818.2.
  • Peak annual rise in Asset Writedowns and Impairment reached 134.92% in 2021, while the deepest fall reached 91.63% in 2021.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $63000.0 in 2020, then soared by 134.92% to $148000.0 in 2021, then advanced 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn -
3 Lloyds Banking 426.28 Bn 426.28 Bn -
4 NatWest 184.56 Bn 184.56 Bn -
5 First Capital 181.18 Bn 181.03 Bn -
6 Landmark Bancorp 164.67 Bn 164.64 Bn -
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn -
8 KB Financial 150.02 Bn 142.15 Bn -
9 Pnc Financial Services 88.79 Bn 88.84 Bn -
10 Carter Bankshares 599.48 Mn 599.48 Mn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2022 163,000.00
Dec 31, 2022 163,000.00
Sep 30, 2022 146,000.00
Sep 30, 2022 146,000.00
Jun 30, 2022 301,000.00
Jun 30, 2022 301,000.00
Mar 31, 2022 131,000.00
Mar 31, 2022 131,000.00
Dec 31, 2021 148,000.00
Dec 31, 2021 148,000.00
Sep 30, 2021 113,000.00
Sep 30, 2021 113,000.00
Jun 30, 2021 3.07 Mn
Jun 30, 2021 3.07 Mn
Mar 31, 2021 139,000.00
Mar 31, 2021 139,000.00
Dec 31, 2020 63,000.00
Dec 31, 2020 63,000.00
Sep 30, 2020 1.35 Mn
Sep 30, 2020 1.35 Mn
Mar 31, 2020 70,000.00
Mar 31, 2020 70,000.00