Carter Bankshares (CARE) Operating Expenses (2019 - 2026)
Carter Bankshares' (CARE) quarterly Operating Expenses came in at $31.0 million in Q1 2026, up 10.59% YoY from $28.0 million in Q1 2025, and little changed on a QoQ basis from $31.0 million in Q4 2025.
Carter Bankshares (CARE) Operating Expenses (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 8 years of Operating Expenses data on file, last reported at $31.0 million in Q1 2026.
- Quarterly Operating Expenses rose 10.59% year-over-year to $31.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $120.0 million (up 7.37% YoY) and the FY2025 annual result came in at $117.1 million, up 6.41% from the prior year.
- Operating Expenses was little changed at $31.0 million in Q1 2026, from $31.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $31.0 million in Q1 2026 to a low of $22.5 million in Q1 2022.
- A 5-year average of $27.1 million and a median of $27.4 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 15.67% — and 2023, when it rose 16.28%.
- Tracing CARE's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Carter Bankshares | 680.27 Mn | 403.74 Mn | - | 29.99 Mn |
Historic Data
Download 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 |