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Carter Bankshares (CARE) Interest Expenses: 2019-2022

Historic Interest Expenses for Carter Bankshares (CARE) over the last 4 years, with Dec 2022 value amounting to $6.7 million.

  • Carter Bankshares' Interest Expenses rose 37.09% to $6.7 million in Q4 2022 from the same period last year, while for Dec 2022 it was $20.3 million, marking a year-over-year decrease of 10.83%. This contributed to the annual value of $107.3 million for FY2024, which is 44.75% up from last year.
  • Latest data reveals that Carter Bankshares reported Interest Expenses of $6.7 million as of Q4 2022, which was up 45.46% from $4.6 million recorded in Q3 2022.
  • Carter Bankshares' Interest Expenses' 5-year high stood at $12.1 million during Q2 2019, with a 5-year trough of $4.5 million in Q1 2022.
  • Over the past 3 years, Carter Bankshares' median Interest Expenses value was $6.2 million (recorded in 2021), while the average stood at $6.6 million.
  • Its Interest Expenses has fluctuated over the past 5 years, first crashed by 39.20% in 2021, then soared by 37.09% in 2022.
  • Quarterly analysis of 4 years shows Carter Bankshares' Interest Expenses stood at $11.3 million in 2019, then plummeted by 35.15% to $7.3 million in 2020, then slumped by 33.56% to $4.9 million in 2021, then skyrocketed by 37.09% to $6.7 million in 2022.
  • Its Interest Expenses was $6.7 million in Q4 2022, compared to $4.6 million in Q3 2022 and $4.5 million in Q2 2022.