Carter Bankshares (CARE) Provisions (2019 - 2026)
Carter Bankshares' (CARE) quarterly Provisions came in at $2.0 million in Q2 2026, up 186.27% on a YoY basis from $702143.9 in Q2 2025, and up 105.89% quarter-over-quarter from -$34.1 million in Q1 2026.
Analysis
Carter Bankshares (CARE) Provisions (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has reported Provisions for 8 consecutive years, with $2.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Provisions rose 186.27% year-over-year to $2.0 million; the trailing twelve-month figure through Jun 2026 stood at -$31.4 million (down 213.6% YoY), and the FY2025 full-year result was -$3.8 million, up 24.08% from the prior year.
- Provisions advanced to $2.0 million in Q2 2026 per CARE's latest filing, from -$34.1 million in the prior quarter.
- Across five years, Provisions topped out at $2.9 million in Q3 2025 and bottomed at -$34.1 million in Q1 2026.
- Historically, Provisions has averaged -$1.8 million across 5 years, with a median of $68500.0 in 2022.
- The sharpest annual moves came in 2023 and 2025: Provisions soared 5467.31% in 2023, then plunged 7822.22% in 2025.
- Over 5 years, Provisions stood at $52000.0 in 2022, then jumped by 5467.31% to $2.9 million in 2023, then sank by 276.65% to -$5.1 million in 2024, then surged by 57.41% to -$2.2 million in 2025, then surged by 192.29% to $2.0 million in 2026.
- According to Business Quant data, Provisions over the past three periods registered $2.0 million, -$34.1 million, and -$2.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 942.50 Bn | 942.50 Bn | - | - |
| 2 | Truist Financial | 61.37 Bn | 61.37 Bn | - | 395.00 Mn |
| 3 | Fifth Third Bancorp | 49.33 Bn | 25.60 Bn | - | 131.00 Mn |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | 120.00 Mn |
| 5 | Huntington Bancshares | 33.40 Bn | 28.88 Bn | - | 132.00 Mn |
| 6 | Citizens Financial | 29.18 Bn | 29.18 Bn | - | 146.00 Mn |
| 7 | Regions Financial | 25.45 Bn | 25.45 Bn | - | 68.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -10.00 Mn |
| 9 | Keycorp | 23.17 Bn | -24.52 Bn | - | 111.00 Mn |
| 10 | Carter Bankshares | 682.02 Mn | 405.49 Mn | - | 2.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.01 Mn |
| Mar 31, 2026 | -34.14 Mn |
| Dec 31, 2025 | -2.18 Mn |
| Sep 30, 2025 | 2.90 Mn |
| Jun 30, 2025 | -2.33 Mn |
| Mar 31, 2025 | -2.14 Mn |
| Dec 31, 2024 | -5.11 Mn |
| Sep 30, 2024 | -432,000.00 |
| Jun 30, 2024 | 491,000.00 |
| Mar 31, 2024 | -27,000.00 |
| Dec 31, 2023 | 2.90 Mn |
| Sep 30, 2023 | 1.11 Mn |
| Jun 30, 2023 | 85,000.00 |
| Mar 31, 2023 | 1.50 Mn |
| Dec 31, 2022 | 52,000.00 |
| Sep 30, 2022 | -77,000.00 |
| Jun 30, 2022 | 1.81 Mn |
| Mar 31, 2022 | 630,000.00 |
| Dec 31, 2021 | 939,000.00 |
| Sep 30, 2021 | -413,000.00 |