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

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

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

Carter Bankshares' Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $163000.0 for Q4 2022.

  • Quarterly Asset Writedowns and Impairment rose 10.14% year-over-year to $163000.0 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $741000.0 (down 78.66% YoY) and the FY2023 annual result came in at $1.1 million, up 50.74% from the prior year.
  • Asset Writedowns and Impairment was $163000.0 for Q4 2022 at Carter Bankshares, 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.
  • A 3-year average of $517818.2 and a median of $146000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
  • Peak annual rise in Asset Writedowns and Impairment reached 134.92% in 2021, while the deepest fall reached 91.63% in 2021.
  • Carter Bankshares' Asset Writedowns and Impairment stood at $63000.0 in 2020, then jumped by 134.92% to $148000.0 in 2021, then climbed by 10.14% to $163000.0 in 2022.
  • Business Quant data shows CARE's Asset Writedowns and Impairment at $163000.0 in Q4 2022, $146000.0 in Q3 2022, and $301000.0 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 4,174.03 Bn 4,174.03 Bn 167,623.00
2 Lloyds Banking 365.32 Bn 365.32 Bn -
3 First Capital 204.53 Bn 204.19 Bn -
4 Landmark Bancorp 187.97 Bn 187.94 Bn -
5 NatWest 146.55 Bn 146.55 Bn 1.79 Bn
6 Pnc Financial Services 102.03 Bn 102.03 Bn -
7 Grupo Aval Acciones Y Valores 77.70 Bn -1,273.58 Bn -
8 Nu Holdings 70.73 Bn 55.58 Bn 1.94 Bn
9 Deutsche Bank Aktiengesellschaft 68.39 Bn 68.39 Bn -
10 Carter Bankshares 753.50 Mn 753.50 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