Carter Bankshares, Inc. (CARE) Interest Expense - Debt (2020 - 2026)
Carter Bankshares' Interest Expense - Debt was $139,000 in Q2 2026, down 89.5% from $1.33 million a year earlier and down 91.8% from the prior quarter.
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Analysis
Carter Bankshares, Inc. (CARE) Interest Expense - Debt (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carter Bankshares' Interest Expense - Debt was $4.31 million through Jun 30, 2026, down 11.6% year-over-year; for FY2025, it came in at $5.22 million, down 55.9% from FY2024.
- Interest Expense - Debt shows a five-year compound annual growth rate of 64.4% (FY2020 to FY2025).
- In earlier years, Interest Expense - Debt was $11.84 million in FY2024 (-43.9%), $21.11 million in FY2023, $1.45 million in FY2022 (+209.8%) and $468,000 in FY2021 (+7.8%).
- The Q2 2026 figure marks the lowest quarterly Interest Expense - Debt since Q3 2022.
- Compared with a year earlier, Interest Expense - Debt was higher in two of the last eight quarters, with an average decline of 22.5%.
- The best year-over-year quarter for Interest Expense - Debt over five years was Q4 2023 (growth of 574.5%); the worst was Q4 2024 (a decline of 93.2%).
- Per Business Quant data, CARE's Interest Expense - Debt in the three quarters before Q2 2026 was $1.7 million (Q1 2026), $1.05 million (Q4 2025) and $1.43 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 139,000.00 |
| Mar 31, 2026 | 1.70 Mn |
| Dec 31, 2025 | 1.62 Mn |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 1.33 Mn |
| Mar 31, 2025 | 846,000.00 |
| Dec 31, 2024 | 881,000.00 |
| Sep 30, 2024 | 2.28 Mn |
| Jun 30, 2024 | 3.77 Mn |
| Mar 31, 2024 | 4.91 Mn |
| Dec 31, 2023 | 6.43 Mn |
| Sep 30, 2023 | 6.06 Mn |
| Jun 30, 2023 | 5.15 Mn |
| Mar 31, 2023 | 3.48 Mn |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 110,000.00 |
| Jun 30, 2022 | 86,000.00 |
| Mar 31, 2022 | 57,000.00 |
| Dec 31, 2021 | 76,000.00 |
| Sep 30, 2021 | 128,000.00 |
API Access
Carter Bankshares, Inc. Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=CARE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "CARE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();