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 🔒
DateValue
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