Carter Bankshares (CARE) Loans - Loss Allowance (2018 - 2026)
Carter Bankshares' Loans - Loss Allowance was $53.55 million in Q3 2026, down 27.4% from $73.76 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Carter Bankshares (CARE) Loans - Loss Allowance (2018 - 2026) Analysis & Trends
At the end of FY2025, Loans - Loss Allowance at Carter Bankshares came in at $71.49 million, down 5.4% from FY2024.
- Loans - Loss Allowance shows a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, Loans - Loss Allowance was $75.6 million in FY2024 (-22.1%), $97.05 million in FY2023 (+3.4%), $93.85 million in FY2022 (-2.2%) and $95.94 million in FY2021 (+77.4%).
- Quarterly Loans - Loss Allowance has moved between $52.5 million (Q1 2026) and $97.98 million (Q2 2022) over five years.
- Compared with a year earlier, Loans - Loss Allowance has declined for nine straight quarters, with an average decline of 20.6% over the last eight quarters.
- The best year-over-year quarter for Loans - Loss Allowance over five years was Q4 2021 (growth of 77.4%); the worst was Q1 2026 (a decline of 28.6%).
- Per Business Quant data, CARE's Loans - Loss Allowance in the three quarters before Q3 2026 was $55.17 million (Q2 2026), $52.5 million (Q1 2026) and $71.49 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 26.27 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 13.01 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | -5.30 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 13.82 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | -7.49 Bn |
| 10 | Carter Bankshares | 651.25 Mn | 113.14 Mn | - | 53.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 53.55 Mn |
| 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 |
API Access
Carter Bankshares Loans - Loss Allowance 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=loans-loss-allowance&ticker=CARE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "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=loans-loss-allowance&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();