Carter Bankshares (CARE) Net Income: 2019-2024

Historic Net Income for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $24.5 million.

  • Carter Bankshares' Net Income rose 178.24% to $15.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $50.1 million, marking a year-over-year increase of 58.65%. This contributed to the annual value of $24.5 million for FY2024, which is 4.87% up from last year.
  • Carter Bankshares' Net Income amounted to $24.5 million in FY2024, which was up 4.87% from $23.4 million recorded in FY2023.
  • Carter Bankshares' 5-year Net Income high stood at $50.1 million for FY2022, and its period low was -$45.9 million during FY2020.
  • Its 3-year average for Net Income is $32.7 million, with a median of $24.5 million in 2024.
  • In the last 5 years, Carter Bankshares' Net Income slumped by 272.56% in 2020 and then skyrocketed by 168.89% in 2021.
  • Over the past 5 years, Carter Bankshares' Net Income (Yearly) stood at -$45.9 million in 2020, then skyrocketed by 168.89% to $31.6 million in 2021, then skyrocketed by 58.65% to $50.1 million in 2022, then tumbled by 53.34% to $23.4 million in 2023, then rose by 4.87% to $24.5 million in 2024.