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Carter Bankshares (CARE) Interest Expenses: 2019-2024

Historic Interest Expenses for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $107.3 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.
  • According to the latest figures from FY2024, Carter Bankshares' Interest Expenses is $107.3 million, which was up 44.75% from $74.1 million recorded in FY2023.
  • In the past 5 years, Carter Bankshares' Interest Expenses registered a high of $107.3 million during FY2024, and its lowest value of $20.3 million during FY2022.
  • Its 3-year average for Interest Expenses is $67.2 million, with a median of $74.1 million in 2023.
  • In the last 5 years, Carter Bankshares' Interest Expenses crashed by 36.60% in 2021 and then soared by 265.90% in 2023.
  • Yearly analysis of 5 years shows Carter Bankshares' Interest Expenses stood at $35.8 million in 2020, then slumped by 36.60% to $22.7 million in 2021, then fell by 10.83% to $20.3 million in 2022, then surged by 265.90% to $74.1 million in 2023, then skyrocketed by 44.75% to $107.3 million in 2024.