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

Carter Bankshares (CARE) posted Interest Expenses of $55.0 million for Q1 2026, up 122.7% on a QoQ basis from $24.7 million in Q4 2025, and down 23.69% year-over-year from $72.1 million in Q1 2025.

Carter Bankshares (CARE) Interest Expenses (2019 - 2026) Analysis & Trends

Carter Bankshares' Interest Expenses history runs 8 years deep, the most recent figure standing at $55.0 million for 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 was $55.0 million for Q1 2026 at Carter Bankshares, up from $24.7 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $120.5 million in Q3 2023 and bottomed at $4.5 million in Q1 2022.
  • A 5-year average of $54.3 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 sank 43.19%.
  • Carter Bankshares' Interest Expenses stood at $6.7 million in 2022, then surged by 334.4% to $29.1 million in 2023, then declined by 6.39% to $27.2 million in 2024, then fell by 9.28% to $24.7 million in 2025, then soared by 122.7% to $55.0 million in 2026.
  • Business Quant data shows CARE's Interest Expenses at $55.0 million in Q1 2026, $24.7 million in Q4 2025, and $59.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -275.78 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -2.77 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -227,416.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 19.98 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.30 Mn
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 2.53 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 4.92 Bn
10 Carter Bankshares 750.66 Mn 750.66 Mn - 54.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.99 Mn
Mar 31, 2026 54.99 Mn
Dec 31, 2025 24.69 Mn
Dec 31, 2025 24.69 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
Dec 31, 2023 29.08 Mn
Dec 31, 2023 29.08 Mn