Carter Bankshares (CARE) Interest Expenses (2019 - 2026)
Carter Bankshares (CARE) posted Interest Expenses of $21.54 million for Q2 2026, down 15.2% from $25.39 million a year earlier and down 7.4% from the prior quarter.
Carter Bankshares (CARE) Interest Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Carter Bankshares was $94.94 million, down 10.8% year-over-year; for FY2025, it was $101.4 million, down 5.5% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of 23.1% (FY2020 to FY2025).
- In prior years, Carter Bankshares' Interest Expenses was $107.27 million in FY2024 (+44.7%), $74.11 million in FY2023 (+265.9%), $20.25 million in FY2022 (-10.8%) and $22.71 million in FY2021 (-36.6%).
- The Q2 2026 figure stands as the lowest quarterly Interest Expenses since Q3 2023.
- On a year-over-year basis, Interest Expenses has declined in each of the last five quarters, with an average decline of 0.7% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q3 2023, with growth of 367.0%; the weakest was Q3 2021, with a decline of 35.5%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $23.25 million (Q1 2026), $24.69 million (Q4 2025) and $25.45 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 25.11 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 17.84 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.12 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 18.09 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 10.97 Bn |
| 10 | Carter Bankshares | 662.43 Mn | 144.78 Mn | - | 21.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54 Mn |
| Mar 31, 2026 | 23.25 Mn |
| Dec 31, 2025 | 24.69 Mn |
| Sep 30, 2025 | 25.45 Mn |
| Jun 30, 2025 | 25.39 Mn |
| Mar 31, 2025 | 25.87 Mn |
| Dec 31, 2024 | 27.35 Mn |
| Sep 30, 2024 | 27.80 Mn |
| Jun 30, 2024 | 26.49 Mn |
| Mar 31, 2024 | 25.63 Mn |
| Dec 31, 2023 | 24.44 Mn |
| Sep 30, 2023 | 21.49 Mn |
| Jun 30, 2023 | 17.01 Mn |
| Mar 31, 2023 | 11.17 Mn |
| Dec 31, 2022 | 6.69 Mn |
| Sep 30, 2022 | 4.60 Mn |
| Jun 30, 2022 | 4.50 Mn |
| Mar 31, 2022 | 4.46 Mn |
| Dec 31, 2021 | 4.88 Mn |
| Sep 30, 2021 | 5.51 Mn |
Carter Bankshares Interest Expenses 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-expenses&ticker=CARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();