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Carter Bankshares (CARE) Research & Development: 2020-2022

Historic Research & Development for Carter Bankshares (CARE) over the last 3 years, with Dec 2022 value amounting to $1.6 million.

  • Carter Bankshares' Research & Development rose 74.64% to $1.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $4.1 million, marking a year-over-year increase of 7.89%. This contributed to the annual value of $4.9 million for FY2024, which is 25.48% up from last year.
  • As of Q4 2022, Carter Bankshares' Research & Development stood at $1.6 million, which was up 90.16% from $833,000 recorded in Q3 2022.
  • Over the past 5 years, Carter Bankshares' Research & Development peaked at $1.6 million during Q4 2022, and registered a low of $486,000 during Q1 2020.
  • In the last 3 years, Carter Bankshares' Research & Development had a median value of $841,500 in 2022 and averaged $879,000.
  • Per our database at Business Quant, Carter Bankshares' Research & Development surged by 89.51% in 2021 and then dropped by 18.17% in 2022.
  • Carter Bankshares' Research & Development (Quarterly) stood at $731,000 in 2020, then rose by 24.08% to $907,000 in 2021, then spiked by 74.64% to $1.6 million in 2022.
  • Its last three reported values are $1.6 million in Q4 2022, $833,000 for Q3 2022, and $842,000 during Q2 2022.