Carter Bankshares (CARE) Rent Expense (2020 - 2026)

Carter Bankshares (CARE) has 7 years of Rent Expense data on file, last reported at $4.9 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense rose 8.7% year-over-year to $4.9 million; the trailing twelve-month figure through Mar 2026 stood at $18.0 million (up 10.27% YoY), and the FY2025 full-year result was $17.6 million, up 12.89% from the prior year.
• Rent Expense for Q1 2026 stood at $4.9 million, up from $4.3 million in the prior quarter.
• Across five years, Rent Expense topped out at $4.9 million in Q1 2026 and bottomed at $3.3 million in Q2 2022.
• The 5-year median for Rent Expense is $3.7 million (2024), against an average of $3.9 million.
• The widest annual swing landed in 2022, when Rent Expense retreated 4.61%; it then climbed 19.32% in 2025.
• A 5-year view of Rent Expense shows it stood at $3.5 million in 2022, then grew by 0.37% to $3.5 million in 2023, then gained by 18.48% to $4.1 million in 2024, then grew by 5.17% to $4.3 million in 2025, then grew by 12.11% to $4.9 million in 2026.
• The last three Rent Expense figures came in at $4.9 million (Q1 2026), $4.3 million (Q4 2025), and $4.6 million (Q3 2025), per Business Quant data.

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