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

Historic Operating Expenses for Carter Bankshares (CARE) over the last 4 years, with Q4 2022 value amounting to $27.6 million.

  • Carter Bankshares' Operating Expenses rose 526.38% 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 516.6%. This contributed to the annual value of $110.0 million for FY2024, which is 430.09% up from last year.
  • Carter Bankshares' Operating Expenses amounted to $27.6 million in Q4 2022, which was up 526.38% from $23.5 million recorded in Q3 2022.
  • In the past 5 years, Carter Bankshares' Operating Expenses ranged from a high of $87.3 million in Q3 2020 and a low of $22.1 million during Q1 2019
  • Over the past 4 years, Carter Bankshares' median Operating Expenses value was $23.7 million (recorded in 2020), while the average stood at $28.5 million.
  • Per our database at Business Quant, Carter Bankshares' Operating Expenses surged by 28328.14% in 2020 and then crashed by 7172.39% in 2021.
  • Quarter analysis of 4 years shows Carter Bankshares' Operating Expenses stood at $30.5 million in 2019, then decreased by 21.8% 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.