Carter Bankshares (CARE) Research & Development (2020 - 2026)

Carter Bankshares has reported Research & Development for 7 years, with the latest figure at $1.9 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 28.32% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2026 stood at $6.1 million (up 11.6% YoY), and the FY2025 full-year result was $5.7 million, up 15.84% from the prior year.
• Research & Development for Q1 2026 stood at $1.9 million, up from $1.5 million in the prior quarter.
• The five-year high for Research & Development was $1.9 million in Q1 2026, with the low at $720000.0 in Q1 2023.
• Historically, Research & Development has averaged $1.2 million across 5 years, with a median of $1.2 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development jumped 83.12% — and 2023, when it tumbled 33.96%.
• Carter Bankshares' Research & Development stood at $1.6 million in 2022, then plunged by 33.96% to $1.0 million in 2023, then jumped by 39.29% to $1.5 million in 2024, then gained by 2.4% to $1.5 million in 2025, then gained by 24.2% to $1.9 million in 2026.
• The last three Research & Development figures came in at $1.9 million (Q1 2026), $1.5 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.