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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |