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Carter Bankshares (CARE) Consolidated Net Income: 2019-2024

Historic Consolidated Net Income for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $24.5 million.

  • Carter Bankshares' Consolidated Net Income rose 178.24% to $15.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $50.1 million, marking a year-over-year increase of 58.65%. This contributed to the annual value of $24.5 million for FY2024, which is 4.87% up from last year.
  • As of FY2024, Carter Bankshares' Consolidated Net Income stood at $24.5 million, which was up 4.87% from $23.4 million recorded in FY2023.
  • In the past 5 years, Carter Bankshares' Consolidated Net Income ranged from a high of $50.1 million in FY2022 and a low of -$45.9 million during FY2020.
  • For the 3-year period, Carter Bankshares' Consolidated Net Income averaged around $32.7 million, with its median value being $24.5 million (2024).
  • As far as peak fluctuations go, Carter Bankshares' Consolidated Net Income tumbled by 272.56% in 2020, and later surged by 168.89% in 2021.
  • Yearly analysis of 5 years shows Carter Bankshares' Consolidated Net Income stood at -$45.9 million in 2020, then surged by 168.89% to $31.6 million in 2021, then spiked by 58.65% to $50.1 million in 2022, then slumped by 53.34% to $23.4 million in 2023, then grew by 4.87% to $24.5 million in 2024.