Carter Bankshares (CARE) Profit After Tax: 2019-2024

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

  • Carter Bankshares' Profit After Tax 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' Profit After Tax amounted to $24.5 million in FY2024, which was up 4.87% from $23.4 million recorded in FY2023.
  • Carter Bankshares' Profit After Tax's 5-year high stood at $50.1 million during FY2022, with a 5-year trough of -$45.9 million in FY2020.
  • Moreover, its 3-year median value for Profit After Tax was $24.5 million (2024), whereas its average is $32.7 million.
  • Its Profit After Tax has fluctuated over the past 5 years, first slumped by 272.56% in 2020, then skyrocketed by 168.89% in 2021.
  • Yearly analysis of 5 years shows Carter Bankshares' Profit After Tax stood at -$45.9 million in 2020, then spiked by 168.89% to $31.6 million in 2021, then surged by 58.65% to $50.1 million in 2022, then crashed by 53.34% to $23.4 million in 2023, then climbed by 4.87% to $24.5 million in 2024.