Carter Bankshares (CARE) Operating Expenses: 2019-2022
Historic Operating Expenses for Carter Bankshares (CARE) over the last 4 years, with Dec 2022 value amounting to $27.6 million.
- Carter Bankshares' Operating Expenses rose 5.26% to $27.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $97.0 million, marking a year-over-year decrease of 5.17%. This contributed to the annual value of $110.0 million for FY2024, which is 4.30% up from last year.
- Latest data reveals that Carter Bankshares reported Operating Expenses of $27.6 million as of Q4 2022, which was up 17.70% from $23.5 million recorded in Q3 2022.
- Carter Bankshares' 5-year Operating Expenses high stood at $87.3 million for Q3 2020, and its period low was $22.1 million during Q1 2019.
- In the last 3 years, Carter Bankshares' Operating Expenses had a median value of $24.3 million in 2020 and averaged $29.8 million.
- As far as peak fluctuations go, Carter Bankshares' Operating Expenses spiked by 283.28% in 2020, and later tumbled by 71.72% in 2021.
- Carter Bankshares' Operating Expenses (Quarterly) stood at $30.5 million in 2019, then decreased by 21.80% to $23.8 million in 2020, then rose by 10.05% to $26.2 million in 2021, then rose by 5.26% to $27.6 million in 2022.
- Its Operating Expenses was $27.6 million in Q4 2022, compared to $23.5 million in Q3 2022 and $23.4 million in Q2 2022.