Carter Bankshares (CARE) Interest Expense - Debt (2020 - 2026)

Carter Bankshares has reported Interest Expense - Debt for 7 years, with the latest figure at $1.7 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Debt rose 100.47% year-over-year to $1.7 million; the trailing twelve-month figure through Mar 2026 stood at $6.1 million (down 21.94% YoY), and the FY2025 full-year result was $5.2 million, down 55.93% from the prior year.
• Interest Expense - Debt for Q1 2026 stood at $1.7 million, up from $1.6 million in the prior quarter.
• The five-year high for Interest Expense - Debt was $6.1 million in Q4 2023, with the low at $57000.0 in Q1 2022.
• Historically, Interest Expense - Debt has averaged $2.4 million across 5 years, with a median of $1.6 million in 2025.
• Annual changes were most pronounced in 2023 — Interest Expense - Debt jumped 5996.49% — and 2024, when it slumped 85.65%.
• Carter Bankshares' Interest Expense - Debt stood at $910000.0 in 2022, then surged by 574.51% to $6.1 million in 2023, then tumbled by 85.65% to $881000.0 in 2024, then soared by 83.54% to $1.6 million in 2025, then rose by 4.89% to $1.7 million in 2026.
• The last three Interest Expense - Debt figures came in at $1.7 million (Q1 2026), $1.6 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.