Carter Bankshares (CARE) Rent Expense (2020 - 2026)
Carter Bankshares' (CARE) quarterly Rent Expense came in at $4.9 million in Q1 2026, up 8.7% YoY from $4.5 million in Q1 2025, and up 12.11% on a QoQ basis from $4.3 million in Q4 2025.
Carter Bankshares (CARE) Rent Expense (2020 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 7 years of Rent Expense data on file, last reported at $4.9 million in Q1 2026.
- Quarterly Rent Expense rose 8.7% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.0 million (up 10.27% YoY) and the FY2025 annual result came in at $17.6 million, up 12.89% from the prior year.
- Rent Expense climbed to $4.9 million in Q1 2026, from $4.3 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $4.9 million in Q1 2026 to a low of $3.3 million in Q2 2022.
- A 5-year average of $3.9 million and a median of $3.7 million in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense retreated 4.61% — and 2025, when it climbed 19.32%.
- Tracing CARE's Rent Expense over 5 years: stood at $3.5 million in 2022, then climbed by 0.37% to $3.5 million in 2023, then rose by 18.48% to $4.1 million in 2024, then climbed by 5.17% to $4.3 million in 2025, then climbed 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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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.89 Bn | 84.69 Bn | - | - |
| 2 | Pnc Financial Services | 98.09 Bn | 98.09 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.82 Bn | -144.27 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.96 Bn | -81.36 Bn | - | - |
| 7 | Nu Holdings | 70.44 Bn | 56.75 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.94 Bn | 61.94 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.71 Bn | 25.99 Bn | - | 154.00 Mn |
| 10 | Carter Bankshares | 682.68 Mn | 406.14 Mn | - | 4.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.58 Mn |
| Jun 30, 2026 | 4.58 Mn |
| Mar 31, 2026 | 4.86 Mn |
| Mar 31, 2026 | 4.86 Mn |
| Dec 31, 2025 | 4.34 Mn |
| Dec 31, 2025 | 4.34 Mn |
| Sep 30, 2025 | 4.58 Mn |
| Sep 30, 2025 | 4.58 Mn |
| Jun 30, 2025 | 4.23 Mn |
| Jun 30, 2025 | 4.23 Mn |
| Mar 31, 2025 | 4.47 Mn |
| Mar 31, 2025 | 4.47 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 3.94 Mn |
| Sep 30, 2024 | 3.94 Mn |
| Jun 30, 2024 | 3.79 Mn |
| Jun 30, 2024 | 3.79 Mn |
| Mar 31, 2024 | 3.75 Mn |
| Mar 31, 2024 | 3.75 Mn |