CARE
Carter Bankshares, Inc.
NASDAQ · Financial Services · Banks - Regional · US
$29.64
+3.85%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 352.0M | 254.6M | 239.7M | 211.8M | 179.2M |
| Cost of Revenue | 65.7M | 97.6M | 102.2M | 80.5M | 23.2M |
| Gross Profit | 286.2M | 157.1M | 137.4M | 131.3M | 156.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 79.6M | 75.4M | 66.6M | 62.5M | 55.8M |
| General & Admin Expense | 79.6M | 75.4M | 64.1M | 60.8M | 54.4M |
| Selling & Marketing Expense | — | — | 2.5M | 1.7M | 1.4M |
| Other Expenses | 41.9M | 41.7M | 39.9M | 40.1M | 38.4M |
| Total Operating Expenses | 121.5M | 117.1M | 106.6M | 102.6M | 94.3M |
| Cost and Expenses | 187.2M | 214.6M | 208.8M | 183.1M | 117.4M |
| Operating Income (EBIT) | 164.7M | 40.0M | 30.9M | 28.7M | 61.7M |
| Non-Operating | |||||
| Interest Income | 242.1M | 232.2M | 220.7M | 195.0M | 160.0M |
| Interest Expense | 90.3M | 101.4M | 107.3M | 74.1M | 20.3M |
| Net Interest Income | 151.7M | 130.8M | 113.4M | 120.9M | 139.8M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 164.7M | 40.0M | 30.9M | 28.7M | 61.7M |
| Income Tax Expense | 33.8M | 8.6M | 6.3M | 5.3M | 11.6M |
| Bottom Line | |||||
| Net Income | 130.9M | 31.4M | 24.5M | 23.4M | 50.1M |
| Earnings from Cont. Ops | 130.9M | 31.4M | 24.5M | 23.4M | 50.1M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 130.9M | 31.4M | 24.5M | 23.2M | 49.8M |
| Per Share | |||||
| Basic EPS | $6.00 | $1.40 | $1.06 | $1.00 | $2.03 |
| Diluted EPS | $6.00 | $1.40 | $1.06 | $1.00 | $2.03 |
| Revenue Per Share | $16.14 | $11.34 | $10.31 | $9.11 | $7.28 |
| Shares | |||||
| Basic Shares Outstanding | 21.8M | 22.5M | 23.2M | 23.2M | 24.6M |
| Diluted Shares Outstanding | 21.8M | 22.5M | 23.2M | 23.2M | 24.6M |
| Profitability Metrics | |||||
| EBITDA | 171.1M | 47.9M | 37.9M | 35.0M | 67.8M |
| D&A | 6.3M | 7.9M | 7.1M | 6.2M | 6.1M |
| EBIT | 164.7M | 40.0M | 30.9M | 28.7M | 61.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026