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

Carter Bankshares has reported Interest Expenses for 8 years, with the latest figure at $23.3 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses fell 10.12% year-over-year to $23.3 million; the trailing twelve-month figure through Mar 2026 stood at $98.8 million (down 8.12% YoY), and the FY2025 full-year result was $101.4 million, down 5.47% from the prior year.
• Interest Expenses for Q1 2026 stood at $23.3 million, down from $24.7 million in the prior quarter.
• The five-year high for Interest Expenses was $27.8 million in Q3 2024, with the low at $4.5 million in Q1 2022.
• Historically, Interest Expenses has averaged $19.2 million across 5 years, with a median of $24.4 million in 2023.
• Annual changes were most pronounced in 2022 — Interest Expenses tumbled 30.68% — and 2023, when it soared 367.01%.
• Carter Bankshares' Interest Expenses stood at $6.7 million in 2022, then jumped by 265.15% to $24.4 million in 2023, then gained by 11.91% to $27.4 million in 2024, then dropped by 9.72% to $24.7 million in 2025, then slipped by 5.84% to $23.3 million in 2026.
• The last three Interest Expenses figures came in at $23.3 million (Q1 2026), $24.7 million (Q4 2025), and $25.5 million (Q3 2025), per Business Quant data.