Carter Bankshares (CARE) Loans - Loss Allowance (2019 - 2026)
Carter Bankshares' (CARE) quarterly Loans - Loss Allowance came in at $52.5 million in Q1 2026, down 28.58% YoY from $73.5 million in Q1 2025, and down 26.56% on a QoQ basis from $71.5 million in Q4 2025.
Carter Bankshares (CARE) Loans - Loss Allowance (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 8 years of Loans - Loss Allowance data on file, last reported at $52.5 million in Q1 2026.
- Quarterly Loans - Loss Allowance fell 28.58% year-over-year to $52.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $52.5 million (down 28.58% YoY) and the FY2025 annual result came in at $71.5 million, down 5.44% from the prior year.
- Loans - Loss Allowance eased to $52.5 million in Q1 2026, from $71.5 million in the prior quarter.
- In the past five years, Loans - Loss Allowance ranged from a high of $98.0 million in Q2 2022 to a low of $52.5 million in Q1 2026.
- A 5-year average of $85.6 million and a median of $94.1 million in 2023 frame the typical range for Loans - Loss Allowance.
- Annual changes were most pronounced in 2023 — Loans - Loss Allowance increased 3.41% — and 2026, when it dropped 28.58%.
- Tracing CARE's Loans - Loss Allowance over 5 years: stood at $93.9 million in 2022, then advanced by 3.41% to $97.1 million in 2023, then retreated by 22.1% to $75.6 million in 2024, then declined by 5.44% to $71.5 million in 2025, then retreated by 26.56% to $52.5 million in 2026.
- The last three Loans - Loss Allowance figures came in at $52.5 million (Q1 2026), $71.5 million (Q4 2025), and $73.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.65 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.65 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 4.98 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.92 Bn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 55.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.17 Mn |
| Mar 31, 2026 | 52.50 Mn |
| Dec 31, 2025 | 71.49 Mn |
| Sep 30, 2025 | 73.76 Mn |
| Jun 30, 2025 | 71.02 Mn |
| Mar 31, 2025 | 73.52 Mn |
| Dec 31, 2024 | 75.60 Mn |
| Sep 30, 2024 | 80.91 Mn |
| Jun 30, 2024 | 96.69 Mn |
| Mar 31, 2024 | 96.54 Mn |
| Dec 31, 2023 | 97.05 Mn |
| Sep 30, 2023 | 94.47 Mn |
| Jun 30, 2023 | 94.14 Mn |
| Mar 31, 2023 | 94.69 Mn |
| Dec 31, 2022 | 93.85 Mn |
| Sep 30, 2022 | 94.16 Mn |
| Jun 30, 2022 | 97.98 Mn |
| Mar 31, 2022 | 96.38 Mn |
| Dec 31, 2021 | 95.94 Mn |
| Sep 30, 2021 | 99.29 Mn |