Carter Bankshares (CARE) Research & Development: 2019-2024
Historic Research & Development for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $4.9 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.
- Latest data reveals that Carter Bankshares reported Research & Development of $4.9 million as of FY2024, which was up 25.48% from $3.9 million recorded in FY2023.
- Carter Bankshares' 5-year Research & Development high stood at $4.9 million for FY2024, and its period low was $2.6 million during FY2020.
- Its 3-year average for Research & Development is $4.3 million, with a median of $4.1 million in 2022.
- Its Research & Development has fluctuated over the past 5 years, first surged by 43.50% in 2021, then fell by 4.39% in 2023.
- Yearly analysis of 5 years shows Carter Bankshares' Research & Development stood at $2.6 million in 2020, then soared by 43.50% to $3.8 million in 2021, then rose by 7.89% to $4.1 million in 2022, then dropped by 4.39% to $3.9 million in 2023, then climbed by 25.48% to $4.9 million in 2024.