Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
20.56
-0.20 (-0.96%)
At close: Mar 6, 2026, 4:00 PM EST
20.57
+0.01 (0.05%)
After-hours: Mar 6, 2026, 5:24 PM EST
Carter Bankshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 232.22 | 188.65 | 162.46 | 138.66 | 120.18 | Upgrade
|
| Interest Income on Investments | - | 33.08 | 33.96 | 21.52 | 13.72 | Upgrade
|
| Total Interest Income | 232.22 | 221.73 | 196.42 | 160.18 | 133.9 | Upgrade
|
| Interest Paid on Deposits | 101.4 | 95.43 | 52.63 | 18.62 | 22.25 | Upgrade
|
| Interest Paid on Borrowings | - | 11.84 | 21.48 | 1.64 | 0.47 | Upgrade
|
| Total Interest Expense | 101.4 | 107.27 | 74.11 | 20.25 | 22.71 | Upgrade
|
| Net Interest Income | 130.82 | 114.46 | 122.31 | 139.93 | 111.18 | Upgrade
|
| Net Interest Income Growth (YoY) | 14.30% | -6.42% | -12.59% | 25.85% | 5.77% | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 0.07 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.05 | 0.07 | -1.52 | -0.58 | 5.16 | Upgrade
|
| Other Non-Interest Income | 22.36 | 21.3 | 19.8 | 21.6 | 22.01 | Upgrade
|
| Total Non-Interest Income | 22.4 | 21.37 | 18.28 | 21.1 | 27.17 | Upgrade
|
| Non-Interest Income Growth (YoY) | 4.85% | 16.91% | -13.36% | -22.36% | 7.01% | Upgrade
|
| Revenues Before Loan Losses | 153.22 | 135.83 | 140.59 | 161.03 | 138.36 | Upgrade
|
| Provision for Loan Losses | -3.83 | -5.05 | 6.4 | 2.93 | 2.08 | Upgrade
|
| Revenue | 157.06 | 140.87 | 134.19 | 158.1 | 136.28 | Upgrade
|
| Revenue Growth (YoY) | 11.49% | 4.98% | -15.12% | 16.01% | 21.13% | Upgrade
|
| Salaries and Employee Benefits | 57.74 | 55.96 | 54.6 | 51.09 | 53.12 | Upgrade
|
| Occupancy Expenses | 17.62 | 15.48 | 13.98 | 13.53 | 13.56 | Upgrade
|
| Federal Deposit Insurance | 5.84 | 6.2 | 4.9 | 2.02 | 2.16 | Upgrade
|
| Selling, General & Administrative | 16.96 | 16.6 | 14.97 | 14.4 | 13.21 | Upgrade
|
| Other Non-Interest Expense | 18.89 | 15.76 | 17.01 | 15.36 | 14.91 | Upgrade
|
| Total Non-Interest Expense | 117.05 | 110 | 105.47 | 96.38 | 100.58 | Upgrade
|
| EBT Excluding Unusual Items | 40 | 30.87 | 28.72 | 61.72 | 35.7 | Upgrade
|
| Pretax Income | 40 | 30.87 | 28.72 | 61.72 | 35.7 | Upgrade
|
| Income Tax Expense | 8.64 | 6.35 | 5.34 | 11.6 | 4.11 | Upgrade
|
| Net Income | 31.36 | 24.52 | 23.38 | 50.12 | 31.59 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | 0.25 | 0.2 | 0.3 | 0.13 | Upgrade
|
| Net Income to Common | 31.36 | 24.28 | 23.19 | 49.82 | 31.46 | Upgrade
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| Net Income Growth | 27.89% | 4.87% | -53.34% | 58.65% | - | Upgrade
|
| Basic Shares Outstanding | 22 | 23 | 23 | 25 | 26 | Upgrade
|
| Diluted Shares Outstanding | 22 | 23 | 23 | 25 | 26 | Upgrade
|
| Shares Change (YoY) | -1.58% | -1.82% | -5.51% | -6.63% | -0.14% | Upgrade
|
| EPS (Basic) | 1.40 | 1.06 | 1.00 | 2.03 | 1.19 | Upgrade
|
| EPS (Diluted) | 1.38 | 1.06 | 1.00 | 2.03 | 1.19 | Upgrade
|
| EPS Growth | 30.19% | 6.25% | -50.75% | 70.22% | - | Upgrade
|
| Effective Tax Rate | 21.60% | 20.56% | 18.58% | 18.79% | 11.51% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.