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

Carter Bankshares (CARE) reported Cash & Current Investments of $65.7 million for Q3 2022, down 70.9% on a YoY basis from $225.8 million in Q3 2021, and down 6.45% quarter-over-quarter from $70.2 million in Q2 2022.

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

Carter Bankshares has reported Cash & Current Investments for 3 years, with the latest figure 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.
  • The five-year high for Cash & Current Investments was $277.8 million in Q4 2021, with the low at $65.7 million in Q3 2022.
  • Historically, Cash & Current Investments has averaged $178.2 million across 3 years, with a median of $217.9 million in 2021.
  • Annual changes were most pronounced in 2021 — Cash & Current Investments rose 14.82% — and 2022, when it slumped 70.9%.
  • Carter Bankshares' Cash & Current Investments stood at $241.9 million in 2020, then increased by 14.82% to $277.8 million in 2021, then plunged 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 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - 15.94 Bn
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 149.64 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 32.29 Mn
7 NatWest 168.65 Bn -51.67 Bn - 89.53 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 32.43 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 450.97 Bn
10 Carter Bankshares 651.48 Mn 651.48 Mn - -

Historic Data

Download Data
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