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Carter Bankshares (CARE) Other Operating Expenses: 2019-2024

Historic Other Operating Expenses for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $89.5 million.

  • Carter Bankshares' Other Operating Expenses rose 2.24% to $22.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $79.4 million, marking a year-over-year decrease of 6.54%. This contributed to the annual value of $89.5 million for FY2024, which is 2.24% up from last year.
  • As of FY2024, Carter Bankshares' Other Operating Expenses stood at $89.5 million, which was up 2.24% from $87.5 million recorded in FY2023.
  • Carter Bankshares' Other Operating Expenses' 5-year high stood at $142.8 million during FY2020, with a 5-year trough of $79.4 million in FY2022.
  • For the 3-year period, Carter Bankshares' Other Operating Expenses averaged around $85.5 million, with its median value being $87.5 million (2023).
  • In the last 5 years, Carter Bankshares' Other Operating Expenses spiked by 70.00% in 2020 and then tumbled by 40.51% in 2021.
  • Yearly analysis of 5 years shows Carter Bankshares' Other Operating Expenses stood at $142.8 million in 2020, then tumbled by 40.51% to $84.9 million in 2021, then dropped by 6.54% to $79.4 million in 2022, then climbed by 10.26% to $87.5 million in 2023, then increased by 2.24% to $89.5 million in 2024.