Carter Bankshares (CARE) Revenue (2019 - 2026)
Carter Bankshares' (CARE) quarterly Revenue came in at $7.4 million in Q1 2026, up 180.52% YoY from $2.6 million in Q1 2025, and down 96.51% on a QoQ basis from $211.5 million in Q4 2025.
Carter Bankshares (CARE) Revenue (2019 - 2026) Analysis & Trends
Carter Bankshares (CARE) has 8 years of Revenue data on file, last reported at $7.4 million in Q1 2026.
- Quarterly Revenue rose 180.52% year-over-year to $7.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $217.2 million (up 3252.09% YoY) and the FY2025 annual result came in at $152.0 million, up 11.89% from the prior year.
- Revenue fell to $7.4 million in Q1 2026, from $211.5 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $211.5 million in Q4 2025 to a low of -$34.0 million in Q1 2024.
- A 5-year average of $15.4 million and a median of $1.8 million in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue soared 46150.0% — and 2024, when it tumbled 19632.76%.
- Tracing CARE's Revenue over 5 years: stood at $47.1 million in 2022, then slumped by 35.77% to $30.2 million in 2023, then jumped by 46.19% to $44.2 million in 2024, then surged by 378.46% to $211.5 million in 2025, then tumbled by 96.51% to $7.4 million in 2026.
- The last three Revenue figures came in at $7.4 million (Q1 2026), $211.5 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.88 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 7.69 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 5.55 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 10.66 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 5.51 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 5.27 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 3.27 Bn |
| 10 | Carter Bankshares | 682.89 Mn | 406.36 Mn | - | 68.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.62 Mn |
| Mar 31, 2026 | 7.37 Mn |
| Dec 31, 2025 | 211.46 Mn |
| Sep 30, 2025 | 2.68 Mn |
| Jun 30, 2025 | -4.34 Mn |
| Mar 31, 2025 | -9.16 Mn |
| Dec 31, 2024 | 44.20 Mn |
| Sep 30, 2024 | -9.70 Mn |
| Jun 30, 2024 | -32.23 Mn |
| Mar 31, 2024 | -33.99 Mn |
| Dec 31, 2023 | 30.23 Mn |
| Sep 30, 2023 | 1.78 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 174,000.00 |
| Dec 31, 2022 | 47.07 Mn |
| Sep 30, 2022 | 18,000.00 |
| Jun 30, 2022 | 1.85 Mn |
| Mar 31, 2022 | 1.93 Mn |
| Dec 31, 2021 | 19.82 Mn |
| Sep 30, 2021 | 7,000.00 |