Carter Bankshares (CARE) Interest Expense - Debt: 2019-2024
Historic Interest Expense - Debt for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $11.8 million.
- Carter Bankshares' Interest Expense - Debt rose 1475.00% to $1.2 million in Q4 2022 from the same period last year, while for Dec 2022 it was $1.4 million, marking a year-over-year increase of 209.83%. This contributed to the annual value of $11.8 million for FY2024, which is 43.92% down from last year.
- As of FY2024, Carter Bankshares' Interest Expense - Debt stood at $11.8 million, which was down 43.92% from $21.1 million recorded in FY2023.
- In the past 5 years, Carter Bankshares' Interest Expense - Debt registered a high of $21.1 million during FY2023, and its lowest value of $434,000 during FY2020.
- Over the past 3 years, Carter Bankshares' median Interest Expense - Debt value was $11.8 million (recorded in 2024), while the average stood at $11.5 million.
- Its Interest Expense - Debt has fluctuated over the past 5 years, first spiked by 1,356.14% in 2023, then tumbled by 43.92% in 2024.
- Over the past 5 years, Carter Bankshares' Interest Expense - Debt (Yearly) stood at $434,000 in 2020, then rose by 7.83% to $468,000 in 2021, then spiked by 209.83% to $1.4 million in 2022, then surged by 1,356.14% to $21.1 million in 2023, then plummeted by 43.92% to $11.8 million in 2024.