Carter Bankshares (CARE) Interest Expenses (2019 - 2022)

Carter Bankshares' Interest Expenses history spans 4 years, with the latest figure at $6.7 million for Q4 2022.

  • For Q4 2022, Interest Expenses rose 37.09% year-over-year to $6.7 million; the TTM value through Dec 2022 reached $20.3 million, down 10.83%, while the annual FY2025 figure was $101.4 million, 5.47% down from the prior year.
  • Interest Expenses reached $6.7 million in Q4 2022 per CARE's latest filing, up from $4.6 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $12.1 million in Q2 2019 to a low of $4.5 million in Q1 2022.
  • Average Interest Expenses over 4 years is $7.8 million, with a median of $7.0 million recorded in 2020.
  • Peak YoY movement for Interest Expenses: plummeted 39.2% in 2021, then skyrocketed 37.09% in 2022.
  • A 4-year view of Interest Expenses shows it stood at $11.3 million in 2019, then plummeted by 35.15% to $7.3 million in 2020, then crashed by 33.56% to $4.9 million in 2021, then surged by 37.09% to $6.7 million in 2022.
  • Per Business Quant, the three most recent readings for CARE's Interest Expenses are $6.7 million (Q4 2022), $4.6 million (Q3 2022), and $4.5 million (Q2 2022).