Carter Bankshares (CARE) Research & Development (2020 - 2026)
Carter Bankshares' (CARE) quarterly Research & Development came in at $2.2 million in Q2 2026, up 56.06% on a YoY basis from $1.4 million in Q2 2025, and up 17.49% quarter-over-quarter from $1.9 million in Q1 2026.
Analysis
Carter Bankshares (CARE) Research & Development (2020 - 2026) Analysis & Trends
Carter Bankshares (CARE) has reported Research & Development for 7 consecutive years, with $2.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 56.06% year-over-year to $2.2 million; the trailing twelve-month figure through Jun 2026 stood at $6.9 million (up 22.33% YoY), and the FY2025 full-year result was $5.7 million, up 15.88% from the prior year.
- Research & Development advanced to $2.2 million in Q2 2026 per CARE's latest filing, from $1.9 million in the prior quarter.
- Across five years, Research & Development topped out at $2.2 million in Q2 2026 and bottomed at $720000.0 in Q1 2023.
- Historically, Research & Development has averaged $1.3 million across 5 years, with a median of $1.3 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 74.64% in 2022, then sank 32.7% in 2023.
- Over 5 years, Research & Development stood at $1.6 million in 2022, then sank by 32.7% to $1.1 million in 2023, then soared by 36.68% to $1.5 million in 2024, then advanced by 2.54% to $1.5 million in 2025, then surged by 45.72% to $2.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.2 million, $1.9 million, and $1.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | - |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | - |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | - |
| 10 | Carter Bankshares | 708.75 Mn | 432.21 Mn | - | 2.18 Mn |
Historic Data
Download Data
Historic 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 | 1.07 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 |