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

Carter Bankshares posted quarterly Interest Expense - Deposits of $21.6 million for Q1 2026, down 13.86% year-on-year 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) has 7 years of Interest Expense - Deposits data on file, last reported 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.
  • Across five years, Interest Expense - Deposits topped out at $26.5 million in Q4 2024 and bottomed at $4.4 million in Q1 2022.
  • The 5-year median for Interest Expense - Deposits is $20.7 million (2024), against an average of $16.7 million.
  • The widest annual swing landed in 2022, when Interest Expense - Deposits sank 30.12%; it then surged 242.99% in 2023.
  • A 5-year view of Interest Expense - Deposits shows it stood at $5.3 million in 2022, then jumped by 237.31% to $18.0 million in 2023, then jumped by 47.08% to $26.5 million in 2024, then dropped by 12.83% to $23.1 million in 2025, then retreated 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 3.51 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 4.61 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 1.74 Bn
10 Carter Bankshares 599.48 Mn 599.48 Mn - 21.56 Mn

Historic Data

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DateValue
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
Jun 30, 2021 5.76 Mn
Mar 31, 2021 6.30 Mn
Dec 31, 2020 7.23 Mn
Sep 30, 2020 8.43 Mn
Jun 30, 2020 9.24 Mn
Mar 31, 2020 10.50 Mn