Carter Bankshares CARE
NASDAQ CARE
$31.40 +0.04 (+0.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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