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 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 344.94 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 31.87 Mn
7 NatWest 144.82 Bn -51.17 Bn - 195.99 Bn
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - -
10 Carter Bankshares 750.66 Mn 750.66 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