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

Carter Bankshares has reported Rent Expense for 7 years, with the latest figure 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.
• The five-year high for Rent Expense was $4.9 million in Q1 2026, with the low at $3.3 million in Q2 2022.
• Historically, Rent Expense has averaged $3.9 million across 5 years, with a median of $3.7 million in 2024.
• Annual changes were most pronounced in 2022 — Rent Expense retreated 4.61% — and 2025, when it climbed 19.32%.
• Carter Bankshares' Rent Expense 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.