Carter Bankshares (CARE) Cash & Current Investments (2020 - 2022)

Carter Bankshares posted quarterly Cash & Current Investments of $65.7 million for Q3 2022, down 70.9% year-on-year from $225.8 million in Q3 2021, and down 6.45% on a QoQ basis from $70.2 million in Q2 2022.

Carter Bankshares (CARE) has 3 years of Cash & Current Investments data on file, last reported at $65.7 million in Q3 2022.

  • For the quarter ending Q3 2022, Cash & Current Investments fell 70.9% year-over-year to $65.7 million; the trailing twelve-month figure through Sep 2022 stood at $65.7 million (down 70.9% YoY), and the FY2021 full-year result was $277.8 million, up 14.82% from the prior year.
  • Cash & Current Investments for Q3 2022 stood at $65.7 million, 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.
  • The 3-year median for Cash & Current Investments is $217.9 million (2021), against an average of $178.2 million.
  • The widest annual swing landed in 2021, when Cash & Current Investments rose 14.82%; it then plunged 70.9% in 2022.
  • A 3-year view of Cash & Current Investments shows it stood at $241.9 million in 2020, then rose by 14.82% to $277.8 million in 2021, then tumbled by 76.35% to $65.7 million in 2022.
  • The last three Cash & Current Investments figures came in at $65.7 million (Q3 2022), $70.2 million (Q2 2022), and $108.0 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Current Investments (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - 15.94 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 - 149.64 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 32.29 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - 9.09 Bn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - -
10 Carter Bankshares 599.48 Mn 599.48 Mn - -

Historic Data

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DateValue
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