Carter Bankshares (CARE) Interest Expense - Deposits (2020 - 2026)
Carter Bankshares' (CARE) quarterly Interest Expense - Deposits came in at $21.6 million in Q1 2026, down 13.86% YoY from $25.0 million in Q1 2025, and down 6.6% on a QoQ basis from $23.1 million in Q4 2025.
Carter Bankshares (CARE) Interest Expense - Deposits (2020 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 7 years of Interest Expense - Deposits data on file, last reported at $21.6 million in Q1 2026.
- Quarterly Interest Expense - Deposits fell 13.86% year-over-year to $21.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $92.7 million (down 7.04% YoY) and the FY2025 annual result came in at $96.2 million, up 0.79% from the prior year.
- Interest Expense - Deposits fell to $21.6 million in Q1 2026, from $23.1 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $26.5 million in Q4 2024 to a low of $4.4 million in Q1 2022.
- A 5-year average of $16.7 million and a median of $20.7 million in 2024 frame the typical range for Interest Expense - Deposits.
- Annual changes were most pronounced in 2022 — Interest Expense - Deposits tumbled 30.12% — and 2023, when it surged 242.99%.
- Tracing CARE's Interest Expense - Deposits over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 Bn |
| 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 | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 21.40 Mn |
Historic Data
Download 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 |