Carter Bankshares (CARE) Beginning Cash Balance: 2019-2024

Historic Beginning Cash Balance for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to -$76.6 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 FY2024, Carter Bankshares' Beginning Cash Balance stood at -$76.6 million, which was down 900.55% from -$7.7 million recorded in FY2023.
  • In the past 5 years, Carter Bankshares' Beginning Cash Balance ranged from a high of $241.9 million in FY2021 and a low of -$76.6 million during FY2024.
  • For the 3-year period, Carter Bankshares' Beginning Cash Balance averaged around $48.9 million, with its median value being -$7.7 million (2023).
  • Its Beginning Cash Balance has fluctuated over the past 5 years, first spiked by 92.30% in 2021, then tumbled by 900.55% in 2024.
  • Yearly analysis of 5 years shows Carter Bankshares' Beginning Cash Balance stood at $125.8 million in 2020, then soared by 92.30% to $241.9 million in 2021, then fell by 4.55% to $230.9 million in 2022, then tumbled by 103.32% to -$7.7 million in 2023, then tumbled by 900.55% to -$76.6 million in 2024.