Carter Bankshares (CARE) Research & Development (2020 - 2022)
Historic Research & Development for Carter Bankshares (CARE) over the last 3 years, with Q4 2022 value amounting to $1.6 million.
- Carter Bankshares' Research & Development rose 7464.17% 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 500.38%. This contributed to the annual value of $4.9 million for FY2024, which is 2548.47% up from last year.
- Latest data reveals that Carter Bankshares reported Research & Development of $1.6 million as of Q4 2022, which was up 7464.17% from $833000.0 recorded in Q3 2022.
- In the past 5 years, Carter Bankshares' Research & Development ranged from a high of $1.6 million in Q4 2022 and a low of $486000.0 during Q1 2020
- Moreover, its 3-year median value for Research & Development was $841500.0 (2022), whereas its average is $879000.0.
- Per our database at Business Quant, Carter Bankshares' Research & Development skyrocketed by 8950.62% in 2021 and then plummeted by 1817.29% in 2022.
- Quarter analysis of 3 years shows Carter Bankshares' Research & Development stood at $731000.0 in 2020, then grew by 24.08% to $907000.0 in 2021, then skyrocketed by 74.64% to $1.6 million in 2022.
- Its Research & Development was $1.6 million in Q4 2022, compared to $833000.0 in Q3 2022 and $842000.0 in Q2 2022.