Carter Bankshares (CARE) Cash & Current Investments (2020 - 2022)
Carter Bankshares (CARE) posted Cash & Current Investments of $65.7 million for Q3 2022, down 6.45% on a QoQ basis from $70.2 million in Q2 2022, and down 70.9% year-over-year from $225.8 million in Q3 2021.
Carter Bankshares (CARE) Cash & Current Investments (2020 - 2022) Analysis & Trends
Carter Bankshares' Cash & Current Investments history runs 3 years deep, the most recent figure standing at $65.7 million for Q3 2022.
- Quarterly Cash & Current Investments fell 70.9% year-over-year to $65.7 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $65.7 million (down 70.9% YoY) and the FY2021 annual result came in at $277.8 million, up 14.82% from the prior year.
- Cash & Current Investments was $65.7 million for Q3 2022 at Carter Bankshares, down from $70.2 million in the prior quarter.
- Across five years, Cash & Current Investments topped out at $277.8 million in Q4 2021 and bottomed at $65.7 million in Q3 2022.
- A 3-year average of $178.2 million and a median of $217.9 million in 2021 frame the typical range for Cash & Current Investments.
- Annual changes were most pronounced in 2021 — Cash & Current Investments climbed 14.82% — and 2022, when it sank 70.9%.
- Carter Bankshares' Cash & Current Investments stood at $241.9 million in 2020, then gained by 14.82% to $277.8 million in 2021, then slumped by 76.35% to $65.7 million in 2022.
- Business Quant data shows CARE's Cash & Current Investments at $65.7 million in Q3 2022, $70.2 million in Q2 2022, and $108.0 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 4,181.60 Bn | 4,181.60 Bn | 167,623.00 | - |
| 2 | Lloyds Banking | 365.91 Bn | 365.91 Bn | - | - |
| 3 | First Capital | 210.72 Bn | 210.38 Bn | - | 344.94 Mn |
| 4 | Landmark Bancorp | 190.28 Bn | 190.25 Bn | - | 31.87 Mn |
| 5 | NatWest | 147.27 Bn | 147.27 Bn | 1.79 Bn | - |
| 6 | Pnc Financial Services | 100.93 Bn | 100.93 Bn | - | - |
| 7 | Grupo Aval Acciones Y Valores | 78.02 Bn | -1,273.25 Bn | - | 1,351.27 Bn |
| 8 | Nu Holdings | 70.39 Bn | 55.24 Bn | 1.94 Bn | 15.15 Bn |
| 9 | Deutsche Bank Aktiengesellschaft | 68.39 Bn | 68.39 Bn | - | - |
| 10 | Carter Bankshares | 742.14 Mn | 742.14 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 65.71 Mn |
| Jun 30, 2022 | 70.24 Mn |
| Mar 31, 2022 | 108.04 Mn |
| Dec 31, 2021 | 277.80 Mn |
| Sep 30, 2021 | 225.80 Mn |
| Jun 30, 2021 | 216.65 Mn |
| Mar 31, 2021 | 219.15 Mn |
| Dec 31, 2020 | 241.94 Mn |