Carter Bankshares (CARE) Interest Expense - Debt (2020 - 2026)
Carter Bankshares' (CARE) quarterly Interest Expense - Debt came in at $1.7 million in Q1 2026, up 100.47% YoY from $846000.0 in Q1 2025, and up 61.99% on a QoQ basis from $1.0 million in Q4 2025.
Carter Bankshares (CARE) Interest Expense - Debt (2020 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 7 years of Interest Expense - Debt data on file, last reported at $1.7 million in Q1 2026.
- Quarterly Interest Expense - Debt rose 100.47% year-over-year to $1.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.5 million (down 29.28% YoY) and the FY2025 annual result came in at $5.2 million, down 55.93% from the prior year.
- Interest Expense - Debt grew to $1.7 million in Q1 2026, from $1.0 million in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $6.1 million in Q4 2023 to a low of $57000.0 in Q1 2022.
- A 5-year average of $2.4 million and a median of $1.4 million in 2025 frame the typical range for Interest Expense - Debt.
- Annual changes were most pronounced in 2023 — Interest Expense - Debt jumped 5996.49% — and 2024, when it slumped 85.65%.
- Tracing CARE's Interest Expense - Debt over 5 years: 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 grew by 18.84% to $1.0 million in 2025, then soared by 61.99% to $1.7 million in 2026.
- The last three Interest Expense - Debt figures came in at $1.7 million (Q1 2026), $1.0 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 228.00 Mn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 139,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 139,000.00 |
| Mar 31, 2026 | 1.70 Mn |
| Dec 31, 2025 | 1.05 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 | 6.14 Mn |
| Sep 30, 2023 | 6.06 Mn |
| Jun 30, 2023 | 5.15 Mn |
| Mar 31, 2023 | 3.48 Mn |
| Dec 31, 2022 | 910,000.00 |
| 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 |