Carter Bankshares, Inc. (CARE) Interest Expense - Deposits (2020 - 2026)
Carter Bankshares' Interest Expense - Deposits was $21.4 million in Q2 2026, down 11.0% from $24.06 million a year earlier and down 0.7% from the prior quarter.
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Analysis
Carter Bankshares, Inc. (CARE) Interest Expense - Deposits (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carter Bankshares' Interest Expense - Deposits was $90.06 million through Jun 30, 2026, down 10.9% year-over-year; for FY2025, it was $96.18 million, up 0.8% from FY2024.
- Interest Expense - Deposits has now increased for three consecutive years, with a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- In earlier years, Interest Expense - Deposits was $95.43 million in FY2024 (+81.3%), $52.63 million in FY2023 (+182.7%), $18.62 million in FY2022 (-16.3%) and $22.25 million in FY2021 (-37.1%).
- The Q2 2026 figure marks the lowest quarterly Interest Expense - Deposits since Q1 2024.
- Compared with a year earlier, Interest Expense - Deposits has declined for four straight quarters, with growth averaging 12.1% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Deposits over five years was Q3 2023 (growth of 243.0%); the worst was Q3 2021 (a decline of 36.1%).
- Per Business Quant data, CARE's Interest Expense - Deposits in the three quarters before Q2 2026 was $21.56 million (Q1 2026), $23.08 million (Q4 2025) and $24.03 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.40 Mn |
| Mar 31, 2026 | 21.56 Mn |
| Dec 31, 2025 | 23.08 Mn |
| Sep 30, 2025 | 24.03 Mn |
| Jun 30, 2025 | 24.06 Mn |
| Mar 31, 2025 | 25.02 Mn |
| Dec 31, 2024 | 26.47 Mn |
| Sep 30, 2024 | 25.52 Mn |
| Jun 30, 2024 | 22.72 Mn |
| Mar 31, 2024 | 20.72 Mn |
| Dec 31, 2023 | 18.00 Mn |
| Sep 30, 2023 | 15.33 Mn |
| Jun 30, 2023 | 11.78 Mn |
| Mar 31, 2023 | 7.52 Mn |
| Dec 31, 2022 | 5.34 Mn |
| Sep 30, 2022 | 4.47 Mn |
| Jun 30, 2022 | 4.41 Mn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | 4.81 Mn |
| Sep 30, 2021 | 5.38 Mn |
API Access
Carter Bankshares, Inc. Interest Expense - Deposits 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-deposits&ticker=CARE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();