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

Carter Bankshares' Rent Expense history spans 3 years, with the latest figure at $3.5 million for Q4 2022.

  • For Q4 2022, Rent Expense rose 6.41% year-over-year to $3.5 million; the TTM value through Dec 2022 reached $13.5 million, changed 0.21%, while the annual FY2025 figure was $17.6 million, 12.89% up from the prior year.
  • Rent Expense reached $3.5 million in Q4 2022 per CARE's latest filing, up from $3.4 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $3.5 million in Q1 2021 to a low of $3.2 million in Q1 2020.
  • Average Rent Expense over 3 years is $3.4 million, with a median of $3.4 million recorded in 2022.
  • Peak YoY movement for Rent Expense: increased 8.16% in 2021, then decreased 4.61% in 2022.
  • A 3-year view of Rent Expense shows it stood at $3.3 million in 2020, then fell by 1.03% to $3.3 million in 2021, then increased by 6.41% to $3.5 million in 2022.
  • Per Business Quant, the three most recent readings for CARE's Rent Expense are $3.5 million (Q4 2022), $3.4 million (Q3 2022), and $3.3 million (Q2 2022).