Carter Bankshares (CARE) Beginning Cash Balance: 2020-2022
Historic Beginning Cash Balance for Carter Bankshares (CARE) over the last 3 years, with Dec 2022 value amounting to $18.8 million.
- Carter Bankshares' Beginning Cash Balance fell 91.66% to $18.8 million in Q4 2022 from the same period last year, while for Dec 2022 it was $230.9 million, marking a year-over-year decrease of 4.55%. This contributed to the annual value of -$76.6 million for FY2024, which is 900.55% down from last year.
- As of Q4 2022, Carter Bankshares' Beginning Cash Balance stood at $18.8 million, which was down 73.18% from $70.2 million recorded in Q3 2022.
- Carter Bankshares' Beginning Cash Balance's 5-year high stood at $277.8 million during Q1 2022, with a 5-year trough of -$125.9 million in Q2 2020.
- For the 3-year period, Carter Bankshares' Beginning Cash Balance averaged around $125.4 million, with its median value being $129.6 million (2020).
- Its Beginning Cash Balance has fluctuated over the past 5 years, first soared by 468.88% in 2021, then plummeted by 91.66% in 2022.
- Quarterly analysis of 3 years shows Carter Bankshares' Beginning Cash Balance stood at $151.2 million in 2020, then skyrocketed by 49.36% to $225.8 million in 2021, then tumbled by 91.66% to $18.8 million in 2022.
- Its Beginning Cash Balance stands at $18.8 million for Q4 2022, versus $70.2 million for Q3 2022 and $108.0 million for Q2 2022.