Carter Bankshares (CARE) Net Income (2019 - 2026)
Carter Bankshares (CARE) recorded Net Income of $28.91 million in Q2 2026, up 239.7% from $8.51 million a year earlier but down 66.3% from the prior quarter.
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Analysis
Carter Bankshares (CARE) Net Income (2019 - 2026) Analysis & Trends
On a TTM basis, Carter Bankshares' Net Income came in at $128.54 million as of Jun 30, 2026, up 310.0% year-over-year; for FY2025, it came in at $31.36 million, up 27.9% from FY2024.
- Across earlier years, Net Income came in at $24.52 million in FY2024 (+4.9%), $23.38 million in FY2023 (-53.3%), $50.12 million in FY2022 (+58.7%) and $31.59 million in FY2021.
- Quarterly Net Income has ranged from -$1.89 million in Q4 2023 to $85.73 million in Q1 2026 over the past five years.
- On a year-over-year basis, Net Income has increased for three consecutive quarters, with growth averaging 183.4% over the last seven quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 859.4% in Q1 2026, against a decline of 74.8% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $85.73 million (Q1 2026), $8.48 million (Q4 2025) and $5.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 21.16 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 228.63 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 9.07 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 5.65 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 4.32 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 5.85 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 6.63 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 6.65 Bn |
| 10 | Carter Bankshares | 662.43 Mn | 144.78 Mn | - | 28.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.91 Mn |
| Mar 31, 2026 | 85.73 Mn |
| Dec 31, 2025 | 8.48 Mn |
| Sep 30, 2025 | 5.42 Mn |
| Jun 30, 2025 | 8.51 Mn |
| Mar 31, 2025 | 8.94 Mn |
| Dec 31, 2024 | 8.28 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 4.80 Mn |
| Mar 31, 2024 | 5.81 Mn |
| Dec 31, 2023 | -1.89 Mn |
| Sep 30, 2023 | 3.63 Mn |
| Jun 30, 2023 | 5.70 Mn |
| Mar 31, 2023 | 15.94 Mn |
| Dec 31, 2022 | 15.61 Mn |
| Sep 30, 2022 | 14.41 Mn |
| Jun 30, 2022 | 10.78 Mn |
| Mar 31, 2022 | 9.32 Mn |
| Dec 31, 2021 | 5.61 Mn |
| Sep 30, 2021 | 11.17 Mn |
API Access
Carter Bankshares Net Income 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=net-income&ticker=CARE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();