Carter Bankshares (CARE) Net Income (2019 - 2026)

Carter Bankshares (CARE) posted Net Income of $85.8 million for Q1 2026, up 911.29% on a QoQ basis from $8.5 million in Q4 2025, and up 857.86% year-over-year from $9.0 million in Q1 2025.

Carter Bankshares (CARE) Net Income (2019 - 2026) Analysis & Trends

Carter Bankshares' Net Income history runs 8 years deep, the most recent figure standing at $85.8 million for 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 was $85.8 million for Q1 2026 at Carter Bankshares, up from $8.5 million in the prior quarter.
  • Across five years, Net Income topped out at $85.8 million in Q1 2026 and bottomed at -$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 plunged 112.1% — and 2026, when it jumped 857.86%.
  • Carter Bankshares' Net Income stood at $15.6 million in 2022, then plunged by 112.1% to -$1.9 million in 2023, then surged by 538.56% to $8.3 million in 2024, then increased by 2.42% to $8.5 million in 2025, then surged by 911.29% to $85.8 million in 2026.
  • Business Quant data shows CARE's Net Income at $85.8 million in Q1 2026, $8.5 million in Q4 2025, and $5.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 1.77 Bn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -385.94 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 428,428.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 3.45 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - 2.24 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - 3.36 Bn
7 First Capital 200.03 Bn 199.69 Bn - 4.33 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.07 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 1.77 Bn
10 Carter Bankshares 740.61 Mn 740.61 Mn - 85.76 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 5.43 Mn