Carter Bankshares (CARE) Net Income (2019 - 2026)
Carter Bankshares' (CARE) quarterly Net Income came in at $85.8 million in Q1 2026, up 857.86% YoY from $9.0 million in Q1 2025, and up 911.29% on a QoQ basis from $8.5 million in Q4 2025.
Carter Bankshares (CARE) Net Income (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 8 years of Net Income data on file, last reported at $85.8 million in Q1 2026.
- Quarterly Net Income rose 857.86% year-over-year to $85.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $108.2 million (up 290.98% YoY) and the FY2025 annual result came in at $31.4 million, up 27.89% from the prior year.
- Net Income grew to $85.8 million in Q1 2026, from $8.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $85.8 million in Q1 2026 to a low of -$1.9 million in Q4 2023.
- A 5-year average of $12.7 million and a median of $8.5 million in 2025 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income sank 112.1% — and 2026, when it jumped 857.86%.
- Tracing CARE's Net Income over 5 years: stood at $15.6 million in 2022, then slumped by 112.1% to -$1.9 million in 2023, then soared by 538.56% to $8.3 million in 2024, then climbed by 2.42% to $8.5 million in 2025, then soared by 911.29% to $85.8 million in 2026.
- The last three Net Income figures came in at $85.8 million (Q1 2026), $8.5 million (Q4 2025), and $5.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.06 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.18 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 3.98 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 3.89 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.79 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 1.41 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.55 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 801.00 Mn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 28.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.91 Mn |
| Mar 31, 2026 | 85.76 Mn |
| Dec 31, 2025 | 8.48 Mn |
| Sep 30, 2025 | 5.42 Mn |
| Jun 30, 2025 | 8.51 Mn |
| Mar 31, 2025 | 8.95 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 |