Carter Bankshares (CARE) Operating Expenses (2019 - 2026)
Carter Bankshares posted quarterly Operating Expenses of $31.0 million for Q1 2026, up 10.59% year-on-year from $28.0 million in Q1 2025, and little changed on a QoQ basis from $31.0 million in Q4 2025.
Carter Bankshares (CARE) has 8 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $31.0 million in Q1 2026 and bottomed at $22.5 million in Q1 2022.
- The 5-year median for Operating Expenses is $27.4 million (2024), against an average of $27.1 million.
- The widest annual swing landed in 2022, when Operating Expenses retreated 15.67%; it then rose 16.28% in 2023.
- A 5-year view of Operating Expenses shows it stood at $27.6 million in 2022, then rose by 5.27% to $29.1 million in 2023, then fell by 0.71% to $28.9 million in 2024, then increased by 7.41% to $31.0 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | Carter Bankshares | 599.48 Mn | 599.48 Mn | - | 31.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 27.76 Mn |
| Mar 31, 2021 | 23.61 Mn |
| Dec 31, 2020 | 23.84 Mn |
| Sep 30, 2020 | 87.30 Mn |
| Jun 30, 2020 | 22.89 Mn |
| Mar 31, 2020 | 24.75 Mn |
| Dec 31, 2019 | 30.49 Mn |
| Sep 30, 2019 | 22.78 Mn |
| Jun 30, 2019 | 22.66 Mn |
| Mar 31, 2019 | 22.11 Mn |