Carter Bankshares, Inc. (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.
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Analysis
Carter Bankshares, Inc. (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
Historic Data
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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 |
API Access
Carter Bankshares, Inc. 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_KEYimport 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();