Carter Bankshares (CARE) Rent Expense: 2019-2024
Historic Rent Expense for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $15.6 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.
- Carter Bankshares' Rent Expense amounted to $15.6 million in FY2024, which was up 11.26% from $14.0 million recorded in FY2023.
- Over the past 5 years, Carter Bankshares' Rent Expense peaked at $15.6 million during FY2024, and registered a low of $13.4 million during FY2020.
- Its 3-year average for Rent Expense is $14.4 million, with a median of $14.0 million in 2023.
- In the last 5 years, Carter Bankshares' Rent Expense climbed by 13.44% in 2020 and then declined by 0.21% in 2022.
- Yearly analysis of 5 years shows Carter Bankshares' Rent Expense stood at $13.4 million in 2020, then rose by 1.40% to $13.6 million in 2021, then declined by 0.21% to $13.5 million in 2022, then increased by 3.70% to $14.0 million in 2023, then rose by 11.26% to $15.6 million in 2024.