Carter Bankshares CARE
NASDAQ CARE
$30.19 +0.30 (+1.00%)
As of: Oct 1, 2026 · 2:50 PM EDT

Carter Bankshares (CARE) Interest Expenses (2019 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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