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Carter Bankshares (CARE) Interest Expense - Deposits: 2019-2024

Historic Interest Expense - Deposits for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $95.4 million.

  • Carter Bankshares' Interest Expense - Deposits rose 11.00% to $5.3 million in Q4 2022 from the same period last year, while for Dec 2022 it was $18.6 million, marking a year-over-year decrease of 16.32%. This contributed to the annual value of $95.4 million for FY2024, which is 81.33% up from last year.
  • As of FY2024, Carter Bankshares' Interest Expense - Deposits stood at $95.4 million, which was up 81.33% from $52.6 million recorded in FY2023.
  • In the past 5 years, Carter Bankshares' Interest Expense - Deposits registered a high of $95.4 million during FY2024, and its lowest value of $18.6 million during FY2022.
  • Over the past 3 years, Carter Bankshares' median Interest Expense - Deposits value was $52.6 million (recorded in 2023), while the average stood at $55.6 million.
  • Per our database at Business Quant, Carter Bankshares' Interest Expense - Deposits crashed by 37.14% in 2021 and then soared by 182.70% in 2023.
  • Over the past 5 years, Carter Bankshares' Interest Expense - Deposits (Yearly) stood at $35.4 million in 2020, then crashed by 37.14% to $22.2 million in 2021, then declined by 16.32% to $18.6 million in 2022, then surged by 182.70% to $52.6 million in 2023, then surged by 81.33% to $95.4 million in 2024.