Carter Bankshares (CARE) Operating Expenses (2019 - 2026)

Carter Bankshares has reported Operating Expenses for 8 years, with the latest figure at $31.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 10.59% year-over-year to $31.0 million; the trailing twelve-month figure through Mar 2026 stood at $120.0 million (up 7.37% YoY), and the FY2025 full-year result was $117.1 million, up 6.41% from the prior year.
• Operating Expenses for Q1 2026 stood at $31.0 million, roughly flat from $31.0 million in the prior quarter.
• The five-year high for Operating Expenses was $31.0 million in Q1 2026, with the low at $22.5 million in Q1 2022.
• Historically, Operating Expenses has averaged $27.1 million across 5 years, with a median of $27.4 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses retreated 15.67% — and 2023, when it rose 16.28%.
• Carter Bankshares' Operating Expenses stood at $27.6 million in 2022, then increased by 5.27% to $29.1 million in 2023, then declined by 0.71% to $28.9 million in 2024, then grew by 7.41% to $31.0 million in 2025, then climbed by 0.03% to $31.0 million in 2026.
• The last three Operating Expenses figures came in at $31.0 million (Q1 2026), $31.0 million (Q4 2025), and $28.7 million (Q3 2025), per Business Quant data.