Carter Bankshares (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.
Carter Bankshares (CARE) Interest Expense - Debt (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carter Bankshares' Interest Expense - Debt was $4.88 million through Jun 30, 2026, down 8.6% year-over-year; for FY2025, it came in at $4.65 million, down 59.2% from FY2024.
- Interest Expense - Debt shows a five-year compound annual growth rate of 66.7% (FY2020 to FY2025).
- In earlier years, Interest Expense - Debt was $11.38 million in FY2024 (-45.4%), $20.82 million in FY2023, $1.16 million in FY2022 (+271.6%) and $313,000 in FY2021 (-13.3%).
- 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 29.9%.
- The best year-over-year quarter for Interest Expense - Debt over five years was Q4 2023 (growth of 437.2%); the worst was Q2 2026 (a decline of 89.5%).
- Per Business Quant data, CARE's Interest Expense - Debt in the three quarters before Q2 2026 was $1.7 million (Q1 2026), $1.62 million (Q4 2025) and $1.43 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 4.66 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 3.08 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 3.46 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 1.07 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 3.05 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 2.43 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 39.83 Bn |
| 10 | Carter Bankshares | 651.25 Mn | 113.14 Mn | - | 137,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 137,000.00 |
| 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 |
Carter Bankshares 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_KEY
import 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();