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Carter Bankshares (CARE) Rent Expense: 2020-2022

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

  • Carter Bankshares' Rent Expense rose 6.41% to $3.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $13.5 million, marking a year-over-year decrease of 0.21%. This contributed to the annual value of $15.6 million for FY2024, which is 11.26% up from last year.
  • Per Carter Bankshares' latest filing, its Rent Expense stood at $3.5 million for Q4 2022, which was up 1.61% from $3.4 million recorded in Q3 2022.
  • Carter Bankshares' Rent Expense's 5-year high stood at $3.5 million during Q1 2021, with a 5-year trough of $3.2 million in Q1 2020.
  • Over the past 3 years, Carter Bankshares' median Rent Expense value was $3.4 million (recorded in 2022), while the average stood at $3.4 million.
  • Its Rent Expense has fluctuated over the past 5 years, first rose by 8.16% in 2021, then declined by 4.61% in 2022.
  • Carter Bankshares' Rent Expense (Quarterly) stood at $3.3 million in 2020, then fell by 1.03% to $3.3 million in 2021, then grew by 6.41% to $3.5 million in 2022.
  • Its last three reported values are $3.5 million in Q4 2022, $3.4 million for Q3 2022, and $3.3 million during Q2 2022.