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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 $13.5 million, marking a year-over-year decrease of 21.39%. This contributed to the annual value of $15.6 million for FY2024, which is 1126.32% up from last year.
  • As of Q4 2022, Carter Bankshares' Rent Expense stood at $3.5 million, which was up 641.5% from $3.4 million recorded in Q3 2022.
  • Carter Bankshares' 5-year Rent Expense high stood at $3.5 million for Q1 2021, and its period low was $3.2 million during Q1 2020.
  • Its 3-year average for Rent Expense is $3.4 million, with a median of $3.4 million in 2022.
  • Per our database at Business Quant, Carter Bankshares' Rent Expense skyrocketed by 815.64% in 2021 and then plummeted by 461.01% in 2022.
  • Quarter analysis of 3 years shows Carter Bankshares' Rent Expense stood at $3.3 million in 2020, then decreased by 1.03% to $3.3 million in 2021, then rose by 6.41% to $3.5 million in 2022.
  • Its Rent Expense was $3.5 million in Q4 2022, compared to $3.4 million in Q3 2022 and $3.3 million in Q2 2022.