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Carter Bankshares (CARE) Rent Expense (2020 - 2022)

Historic Rent Expense for Carter Bankshares (CARE) over the last 3 years, with Q4 2022 value amounting to $3.5 million.

  • Carter Bankshares' Rent Expense rose 641.5% to $3.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $13.6 million, marking a year-over-year increase of 158.5%. This contributed to the annual value of $15.6 million for FY2024, which is 1126.32% up from last year.
  • Per Carter Bankshares' latest filing, its Rent Expense stood at $3.5 million for Q4 2022, which was up 641.5% from $3.4 million recorded in Q3 2022.
  • In the past 5 years, Carter Bankshares' Rent Expense ranged from a high of $3.5 million in Q1 2021 and a low of $3.2 million during Q1 2020
  • Moreover, its 3-year median value for Rent Expense was $3.4 million (2022), whereas its average is $3.4 million.
  • Per our database at Business Quant, Carter Bankshares' Rent Expense soared by 815.64% in 2021 and then crashed by 461.01% in 2022.
  • Carter Bankshares' Rent Expense (Quarter) stood at $3.3 million in 2020, then dropped by 1.03% to $3.3 million in 2021, then increased by 6.41% to $3.5 million in 2022.
  • Its Rent Expense stands at $3.5 million for Q4 2022, versus $3.4 million for Q3 2022 and $3.3 million for Q2 2022.