Carter Bankshares CARE
NASDAQ CARE
$31.40 +0.04 (+0.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Carter Bankshares' (CARE) quarterly Operating Expenses came in at $30.0 million in Q2 2026, up 2.33% on a YoY basis from $29.3 million in Q2 2025, and down 3.31% quarter-over-quarter from $31.0 million in Q1 2026.

Analysis

Carter Bankshares (CARE) Operating Expenses (2019 - 2026) Analysis & Trends

Carter Bankshares (CARE) has reported Operating Expenses for 8 consecutive years, with $30.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 2.33% year-over-year to $30.0 million; the trailing twelve-month figure through Jun 2026 stood at $120.7 million (up 6.21% YoY), and the FY2025 full-year result was $117.1 million, up 6.41% from the prior year.
  • Operating Expenses eased to $30.0 million in Q2 2026 per CARE's latest filing, from $31.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $31.0 million in Q1 2026 and bottomed at $22.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $27.3 million across 5 years, with a median of $27.5 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses decreased 15.67% in 2022, then gained 16.28% in 2023.
  • Over 5 years, Operating Expenses stood at $27.6 million in 2022, then gained by 5.27% to $29.1 million in 2023, then retreated by 0.71% to $28.9 million in 2024, then rose by 7.41% to $31.0 million in 2025, then decreased by 3.28% to $30.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $30.0 million, $31.0 million, and $31.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 448.38 Bn 568.32 Bn - -259.95 Bn
2 Truist Financial 63.10 Bn 63.10 Bn - 3.06 Bn
3 Fifth Third Bancorp 49.74 Bn 26.02 Bn - 2.11 Bn
4 M&T Bank 34.66 Bn 34.66 Bn - 1.35 Bn
5 Huntington Bancshares 34.41 Bn 29.92 Bn - 1.81 Bn
6 Citizens Financial 29.91 Bn 29.91 Bn - 1.39 Bn
7 Regions Financial 25.92 Bn 25.99 Bn - 1.12 Bn
8 Keycorp 23.68 Bn -24.02 Bn - 1.22 Bn
9 First Citizens Bancshares 22.94 Bn 22.41 Bn 29.00 Mn 1.55 Bn
10 Carter Bankshares 708.75 Mn 432.21 Mn - 29.99 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.99 Mn
Mar 31, 2026 31.01 Mn
Dec 31, 2025 31.00 Mn
Sep 30, 2025 28.70 Mn
Jun 30, 2025 29.30 Mn
Mar 31, 2025 28.04 Mn
Dec 31, 2024 28.87 Mn
Sep 30, 2024 27.43 Mn
Jun 30, 2024 27.45 Mn
Mar 31, 2024 26.26 Mn
Dec 31, 2023 29.07 Mn
Sep 30, 2023 27.28 Mn
Jun 30, 2023 25.54 Mn
Mar 31, 2023 23.58 Mn
Dec 31, 2022 27.62 Mn
Sep 30, 2022 23.46 Mn
Jun 30, 2022 23.41 Mn
Mar 31, 2022 22.51 Mn
Dec 31, 2021 26.24 Mn
Sep 30, 2021 24.69 Mn