Carter Bankshares (CARE) Interest Expenses (2019 - 2026)
Carter Bankshares' (CARE) quarterly Interest Expenses came in at $55.0 million in Q1 2026, down 23.69% YoY from $72.1 million in Q1 2025, and up 121.86% on a QoQ basis from $24.8 million in Q4 2025.
Carter Bankshares (CARE) Interest Expenses (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 8 years of Interest Expenses data on file, last reported at $55.0 million in Q1 2026.
- Quarterly Interest Expenses fell 23.69% year-over-year to $55.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.0 million (down 23.69% YoY) and the FY2025 annual result came in at $102.6 million, down 4.31% from the prior year.
- Interest Expenses improved to $55.0 million in Q1 2026, from $24.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $120.5 million in Q3 2023 to a low of $4.5 million in Q1 2022.
- A 5-year average of $54.1 million and a median of $59.1 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 2517.67% — and 2024, when it slumped 43.19%.
- Tracing CARE's Interest Expenses over 5 years: stood at $6.7 million in 2022, then jumped by 265.15% to $24.4 million in 2023, then grew by 11.36% to $27.2 million in 2024, then decreased by 8.93% to $24.8 million in 2025, then soared by 121.86% to $55.0 million in 2026.
- The last three Interest Expenses figures came in at $55.0 million (Q1 2026), $24.8 million (Q4 2025), and $59.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 21.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.60 Mn |
| Jun 30, 2026 | 43.60 Mn |
| Mar 31, 2026 | 54.99 Mn |
| Mar 31, 2026 | 54.99 Mn |
| Dec 31, 2025 | 24.79 Mn |
| Dec 31, 2025 | 24.79 Mn |
| Sep 30, 2025 | 59.11 Mn |
| Sep 30, 2025 | 59.11 Mn |
| Jun 30, 2025 | 66.99 Mn |
| Jun 30, 2025 | 66.99 Mn |
| Mar 31, 2025 | 72.07 Mn |
| Mar 31, 2025 | 72.07 Mn |
| Dec 31, 2024 | 27.22 Mn |
| Dec 31, 2024 | 27.22 Mn |
| Sep 30, 2024 | 68.44 Mn |
| Sep 30, 2024 | 68.44 Mn |
| Jun 30, 2024 | 89.34 Mn |
| Jun 30, 2024 | 89.34 Mn |
| Mar 31, 2024 | 89.82 Mn |
| Mar 31, 2024 | 89.82 Mn |