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

Carter Bankshares' Operating Expenses history runs 8 years deep, the most recent figure standing at $31.0 million for 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 $31.0 million for Q1 2026 at Carter Bankshares, 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.
• 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 dropped 15.67% — and 2023, when it climbed 16.28%.
• Carter Bankshares' 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 increased by 0.03% to $31.0 million in 2026.
• Business Quant data shows CARE's Operating Expenses at $31.0 million in Q1 2026, $31.0 million in Q4 2025, and $28.7 million in Q3 2025.