Carter Bankshares (CARE) Cash & Equivalents (2020 - 2022)
Carter Bankshares (CARE) posted Cash & Equivalents 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 & Equivalents (2020 - 2022) Analysis & Trends
Carter Bankshares' Cash & Equivalents history runs 3 years deep, the most recent figure standing at $65.7 million for Q3 2022.
- Quarterly Cash & Equivalents 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 & Equivalents was $65.7 million for Q3 2022 at Carter Bankshares, down from $70.2 million in the prior quarter.
- Across five years, Cash & Equivalents 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 & Equivalents.
- Annual changes were most pronounced in 2021 — Cash & Equivalents climbed 14.82% — and 2022, when it sank 70.9%.
- Carter Bankshares' Cash & Equivalents 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 & Equivalents 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 & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 5.32 Mn |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 106.46 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 380.54 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 83.76 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 149.64 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 31.87 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Carter Bankshares | 740.61 Mn | 740.61 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 |