Carter Bankshares (CARE) Net Margin: 2019-2024

Historic Net Margin for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to 18.05%.

  • Carter Bankshares' Net Margin fell 567.00% to 33.16% in Q4 2022 from the same period last year, while for Dec 2022 it was 95.18%, marking a year-over-year decrease of 6355.00%. This contributed to the annual value of 18.05% for FY2024, which is 142.00% up from last year.
  • Latest data reveals that Carter Bankshares reported Net Margin of 18.05% as of FY2024, which was up 8.55% from 16.63% recorded in FY2023.
  • In the past 5 years, Carter Bankshares' Net Margin ranged from a high of 158.73% in FY2021 and a low of -254.89% during FY2020.
  • Over the past 3 years, Carter Bankshares' median Net Margin value was 18.05% (recorded in 2024), while the average stood at 21.90%.
  • As far as peak fluctuations go, Carter Bankshares' Net Margin plummeted by 46,280bps in 2020, and later spiked by 41,362bps in 2021.
  • Yearly analysis of 5 years shows Carter Bankshares' Net Margin stood at -254.89% in 2020, then soared by 41,362bps to 158.73% in 2021, then plummeted by 12,772bps to 31.00% in 2022, then tumbled by 1,437bps to 16.63% in 2023, then soared by 142bps to 18.05% in 2024.