Carter Bankshares (CARE) Occupancy Expense (2020 - 2026)
Carter Bankshares' Occupancy Expense was $4.59 million in Q3 2026, up 0.2% from $4.58 million a year earlier and up 0.1% from the prior quarter.
Carter Bankshares (CARE) Occupancy Expense (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carter Bankshares' Occupancy Expense was $18.37 million through Sep 30, 2026, up 5.5% year-over-year; for FY2025, it came in at $17.62 million, up 12.9% from FY2024.
- Occupancy Expense has now increased for three consecutive years, with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In earlier years, Occupancy Expense was $15.61 million in FY2024 (+11.3%), $14.03 million in FY2023 (+3.7%), $13.53 million in FY2022 (-0.2%) and $13.56 million in FY2021 (+1.4%).
- Quarterly Occupancy Expense has moved between $3.26 million (Q4 2021) and $4.86 million (Q1 2026) over five years.
- Compared with a year earlier, Occupancy Expense has increased for 17 straight quarters, with growth averaging 11.0% over the last eight quarters.
- The best year-over-year quarter for Occupancy Expense over five years was Q1 2025 (growth of 19.3%); the worst was Q1 2022 (a decline of 4.6%).
- Per Business Quant data, CARE's Occupancy Expense in the three quarters before Q3 2026 was $4.58 million (Q2 2026), $4.86 million (Q1 2026) and $4.34 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 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 | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | Carter Bankshares | 651.25 Mn | 113.14 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.59 Mn |
| Jun 30, 2026 | 4.58 Mn |
| Mar 31, 2026 | 4.86 Mn |
| Dec 31, 2025 | 4.34 Mn |
| Sep 30, 2025 | 4.58 Mn |
| Jun 30, 2025 | 4.23 Mn |
| Mar 31, 2025 | 4.47 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 3.94 Mn |
| Jun 30, 2024 | 3.79 Mn |
| Mar 31, 2024 | 3.75 Mn |
| Dec 31, 2023 | 3.48 Mn |
| Sep 30, 2023 | 3.55 Mn |
| Jun 30, 2023 | 3.60 Mn |
| Mar 31, 2023 | 3.40 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 3.41 Mn |
| Jun 30, 2022 | 3.30 Mn |
| Mar 31, 2022 | 3.35 Mn |
| Dec 31, 2021 | 3.26 Mn |
Carter Bankshares Occupancy Expense 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=occupancy-expense&ticker=CARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "occupancy-expense", "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=occupancy-expense&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();