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

Carter Bankshares has reported Interest Expense - Deposits for 7 years, with the latest figure at $21.6 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expense - Deposits fell 13.86% year-over-year to $21.6 million; the trailing twelve-month figure through Mar 2026 stood at $92.7 million (down 7.04% YoY), and the FY2025 full-year result was $96.2 million, up 0.79% from the prior year.
• Interest Expense - Deposits for Q1 2026 stood at $21.6 million, down from $23.1 million in the prior quarter.
• The five-year high for Interest Expense - Deposits was $26.5 million in Q4 2024, with the low at $4.4 million in Q1 2022.
• Historically, Interest Expense - Deposits has averaged $16.7 million across 5 years, with a median of $20.7 million in 2024.
• Annual changes were most pronounced in 2022 — Interest Expense - Deposits tumbled 30.12% — and 2023, when it surged 242.99%.
• Carter Bankshares' Interest Expense - Deposits stood at $5.3 million in 2022, then soared by 237.31% to $18.0 million in 2023, then soared by 47.08% to $26.5 million in 2024, then slipped by 12.83% to $23.1 million in 2025, then fell by 6.6% to $21.6 million in 2026.
• The last three Interest Expense - Deposits figures came in at $21.6 million (Q1 2026), $23.1 million (Q4 2025), and $24.0 million (Q3 2025), per Business Quant data.