Carter Bankshares (CARE) Research & Development (2020 - 2026)
Carter Bankshares' (CARE) quarterly Research & Development came in at $1.9 million in Q1 2026, up 28.32% YoY from $1.4 million in Q1 2025, and up 24.2% on a QoQ basis from $1.5 million in Q4 2025.
Carter Bankshares (CARE) Research & Development (2020 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 7 years of Research & Development data on file, last reported at $1.9 million in Q1 2026.
- Quarterly Research & Development rose 28.32% year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.1 million (up 11.6% YoY) and the FY2025 annual result came in at $5.7 million, up 15.84% from the prior year.
- Research & Development advanced to $1.9 million in Q1 2026, from $1.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.9 million in Q1 2026 to a low of $720000.0 in Q1 2023.
- A 5-year average of $1.2 million and a median of $1.2 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 74.64% — and 2023, when it tumbled 33.96%.
- Tracing CARE's Research & Development over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Carter Bankshares | 680.27 Mn | 403.74 Mn | - | 2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18 Mn |
| Mar 31, 2026 | 1.85 Mn |
| Dec 31, 2025 | 1.49 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.40 Mn |
| Mar 31, 2025 | 1.44 Mn |
| Dec 31, 2024 | 1.46 Mn |
| Sep 30, 2024 | 1.34 Mn |
| Jun 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 891,000.00 |
| Dec 31, 2023 | 1.05 Mn |
| Sep 30, 2023 | 1.08 Mn |
| Jun 30, 2023 | 1.06 Mn |
| Mar 31, 2023 | 720,000.00 |
| Dec 31, 2022 | 1.58 Mn |
| Sep 30, 2022 | 833,000.00 |
| Jun 30, 2022 | 842,000.00 |
| Mar 31, 2022 | 841,000.00 |
| Dec 31, 2021 | 907,000.00 |
| Sep 30, 2021 | 1.02 Mn |