What is Carter Bankshares, Inc.'s revenue?

Carter Bankshares, Inc. (CARE) generated $223.1M in revenue over the trailing twelve months, up 60.0% year over year.

Is Carter Bankshares, Inc. profitable?

Carter Bankshares, Inc. reported $108.2M in net income over the trailing twelve months, a 48.5% net margin.

What is Carter Bankshares, Inc.'s earnings per share?

Carter Bankshares, Inc.'s diluted EPS over the trailing twelve months is $4.87.

Where does Carter Bankshares, Inc.'s income statement data come from?

Every line is extracted from Carter Bankshares, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Carter Bankshares, Inc. CARE Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Net interest income	$130.82M+14.3%	$114.46M-6.4%	$122.31M-12.6%	$139.93M+25.9%
Net interest income after provision for credit losses	$134.65M+12.7%	$119.5M+3.1%	$115.91M-15.4%	$137M+25.6%
Total noninterest income	$22.4M+4.8%	$21.37M+16.9%	$18.28M-15.8%	$21.72M-24.8%
Total interest income	$232.22M+4.7%	$221.73M+12.9%	$196.42M+22.6%	$160.18M+19.6%
Total interest expense (banking)	$96.18M+0.8%	$95.43M+81.3%	$52.63M+183%	$18.62M-16.3%
Compensation and benefits	$57.74M-0.3%	$57.91M+3.7%	$55.86M+6.6%	$52.4M-3.2%
Occupancy and equipment	$17.62M+12.9%	$15.61M+11.3%	$14.03M+3.7%	$13.53M-0.2%
Professional fees	$6.88M+21.2%	$5.68M-8.6%	$6.21M+6.7%	$5.82M+10.7%
Advertising	$3.17M+24.8%	$2.54M+50.0%	$1.69M+18.1%	$1.43M+50.6%
Depreciation and amortization	$7.86M+11.4%	$7.06M+12.9%	$6.25M+3.1%	$6.06M-2.7%
Provision for credit losses	-$5.86M-14.4%	-$5.12M-668%	$901K-69.2%	$2.93M+987%
Other operating expenses	$11.08M+26.2%	$8.78M-19.1%	$10.85M+16.8%	$9.29M+3.1%
Total noninterest expense	$117.05M+6.4%	$110M+4.3%	$105.47M+8.7%	$97M-5.2%
Interest expense	$101.4M-5.5%	$107.27M+44.7%	$74.11M+266%	$20.25M-10.8%
Interest income	$616K-39.1%	$1.01M-30.5%	$1.46M+845%	$154K+27.3%
Other income (expense), net	$2.87M+217%	$906K-32.8%	$1.35M-54.8%	$2.99M+23.0%
Net investment gains (losses)	$46K-32.4%	$68K+104%	-$1.52M-3,269%	$48K-99.3%
Income before income taxes	$40M+29.6%	$30.87M+0.8%	$30.61M-50.4%	$61.72M+72.9%
Income tax expense	$8.64M+36.1%	$6.35M+18.9%	$5.34M-54.0%	$11.6M+182%
Net income	$31.36M+27.9%	$24.52M-3.0%	$25.27M-49.6%	$50.12M+58.7%
Diluted earnings per share	$1.38+30.2%	$1.06-0.9%	$1.07-47.5%	$2.04+70.0%
Basic earnings per share	$1.38+30.2%	$1.06-0.9%	$1.07-47.5%	$2.04+70.0%
Weighted-average shares, diluted	90.4M-0.9%	91.2M-2.4%	93.5M-5.7%	99.1M-5.9%
Weighted-average shares, basic	90.4M-0.9%	91.2M-2.4%	93.5M-5.7%	99.1M-5.9%
Other taxes and duties	$3.61M+1.5%	$3.56M+8.0%	$3.29M-0.8%	$3.32M+6.1%
Gain on retained interest in Sandisk	$250K—	——	——	$0—
Accretion (Amortization) of Discounts and Premiums, Investments	——	——	——	-$5.75M—
Share-based compensation expense related to employee stock plans	——	——	——	$1.31M—
Advertising costs	$3.17M+24.8%	$2.54M+50.0%	$1.69M+18.1%	$1.43M+50.6%
1035 Exchange Fee on Bank Owned Life Insurance	——	——	——	——
Bank Owned Life Insurance Income	$1.51M+2.6%	$1.47M+6.7%	$1.38M+1.8%	$1.36M-1.7%
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	-$230.93M—
Communication	$1.22M-12.7%	$1.39M-24.4%	$1.84M+3.4%	$1.78M-19.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	——	——	——	-$37.2M—
Debit Card Expense	$4.19M+22.5%	$3.42M+19.1%	$2.88M+4.5%	$2.75M-1.0%
Debit Card Interchange Fees	$7.94M+1.2%	$7.84M+0.2%	$7.83M+5.4%	$7.43M+2.8%
Impairment related to investment securities	——	$0—	——	——
Tax Impact	——	——	——	$10K—
Total net securities (losses)	$46K-32.4%	$68K+104%	-$1.52M-3,269%	$48K-99.3%
Debt Securities, Available-for-Sale, Realized Loss	——	——	——	$162K—
Deferred taxes	——	$2.69M—	——	$3.63M+16.6%
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net	——	——	——	$605K—
Effective tax rates	——	——	——	$0.19+63.5%
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate	——	——	——	——
Effective Income Tax Rate Reconciliation, Income From Bank Owned Life Insurance, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Income From Bank Owned Life Insurance, Amount	——	——	——	——
Other	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Investment Amortization, Amount	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Rehabilitation Credits, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Rehabilitation Credits, Amount	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Investment Amortization, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Exempt Income	——	——	——	——
Taxes and Penalty on Surrender of Bank Owned Life Insurance	——	——	——	——
Taxes and Penalty on Surrender of Bank Owned Life Insurance	——	——	——	——
FDIC assessments	$5.84M-5.8%	$6.2M+26.4%	$4.9M+143%	$2.02M-6.6%
Weighted Average Interest Rate	——	——	——	——
Fully secured facilities amount with financial institutions	$45M0.0%	$45M—	——	——
Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties	——	——	——	——
Unsecured facilities amount with financial institutions	$30M0.0%	$30M—	——	——
Gross charge-offs	$887K—	——	——	$5.16M-78.9%
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery)	——	——	——	——
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Recovery	——	——	——	——
Provision for credit losses	-$3.64M+27.8%	-$5.04M-192%	$5.5M—	——
Number of Contracts	——	——	——	——
Amortized Cost	——	——	——	——
Prior	——	$208K—	——	——
Revolving Loans	——	$0—	——	——
Term loan by year, year 4	——	$399K—	——	——
Term loan by year, year 1	——	$15.25M—	——	——
Term loan by year, year 2	——	$120K—	——	——
Term loan by year, year 3	——	$966K—	——	——
Term loan by year, year 5	——	$45K—	——	——
Percent of total loans	——	——	——	——
Tax-free BOLI death benefit	——	——	——	——
Gain Loss On Oil And Gas Hedging Activity	——	——	——	$605K+580%
Net gains/(losses) on sales of loans	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	——	——	——	-$309K+41.6%
Income Tax Reconciliation Change In Enacted Tax Rate	——	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	——	——	$12.96M+72.9%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	——	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	——	——	$73K-27.0%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	——	——	——	$657K+3,185%
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount	——	——	——	$873K-22.8%
Increase (decrease) in FHLB advance	——	——	——	——
Decrease in Certificates of Deposits	——	——	——	-$82.79M—
Increase Decrease In Derivative Assets	——	-$125K—	——	$0—
Increase (decrease) in fully secured facilities amount with financial institutions	——	——	——	——
Increase (decrease) in pre-tax income	——	——	——	——
Increase Decrease In Mortgage Loans Held For Sale	——	——	——	——
Net increase in all other deposits	——	$93.79M—	——	$14.65M-96.0%
Increase (Decrease) in Other Operating Assets	——	——	——	$3.27M+145%
Other liabilities	——	$1.69M-56.2%	$3.85M+8.5%	$3.55M+322%
Data processing and equipment	$5.7M+15.8%	$4.92M+25.5%	$3.92M-3.2%	$4.05M+7.8%
Insurance Commissions Income	$2.73M-26.0%	$3.69M+89.5%	$1.95M-0.8%	$1.96M+3.2%
Interest and Dividend Income, Operating	$232.22M+4.7%	$221.73M+12.9%	$196.42M+22.6%	$160.18M+19.6%
Non-Taxable	$2.26M-14.7%	$2.65M-15.7%	$3.14M-12.9%	$3.61M-23.7%
Taxable	$199.99M+7.5%	$186M+16.7%	$159.32M+18.0%	$135.06M+17.0%
Interest Expense, Deposits	$96.18M+0.8%	$95.43M+81.3%	$52.63M+183%	$18.62M-16.3%
Interest Expense Long Term Debt And Capital Securities	$5.22M-55.9%	$11.84M-43.9%	$21.11M+1,356%	$1.45M+210%
Interest Income, Deposits with Financial Institutions	$268K+215%	$85K+32.8%	$64K+121%	$29K-71.6%
Interest Income (Expense), after Provision for Loan Loss	$134.65M+12.7%	$119.5M+3.1%	$115.91M-15.4%	$137M+25.6%
Interest Income (Expense), Operating	$130.82M+14.3%	$114.46M-6.4%	$122.31M-12.6%	$139.93M+25.9%
Federal Reserve Bank Excess Reserves	$2.54M+15.2%	$2.2M+120%	$1M+221%	$312K+84.6%
Interest Paid, Excluding Capitalized Interest, Operating Activity	$102.65M-3.5%	$106.34M+53.9%	$69.12M+257%	$19.34M-17.6%
Portfolio Loans Transferred to Held-for-Sale	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$92.46M—	——	$267.94M+233%	$80.35M+24.2%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$155.91M-128%	-$68.4M+77.7%	-$307.01M+19.6%	-$382.07M-259%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$39.86M+1.2%	$39.4M-15.7%	$46.73M-34.0%	$70.79M-8.7%
Tax Credit Amortization	——	——	——	——
Noninterest Expense	$117.05M+6.4%	$110M+4.3%	$105.47M+8.7%	$97M-5.2%
Total other income	$2.87M+217%	$906K-32.8%	$1.35M-54.8%	$2.99M+23.0%
Number of financial institutions entity has unsecured facilities with	30.0%	3—	——	——
Number of financial institutions entity has fully secured facilities	10.0%	1—	——	——
Number of operating segments	——	——	——	10.0%
Number of reportable segments	——	——	——	10.0%
Net unrealized gains on securities available for sale	——	——	——	-$24.27M—
Net unrealized debt securities gains (losses), net of tax	——	——	——	-$87.32M—
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent	——	——	——	-$111.59M—
Other comprehensive income/(loss)	——	——	——	-$87.32M—
Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale Of Securities Before Tax	——	——	——	$46K—
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent	——	——	——	-$24.27M—
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax	——	——	——	-$111.54M—
Payment for Origination and Purchase, Loan, Held-for-Sale	$29.52M+230%	$8.95M+32.5%	$6.76M-16.0%	$8.05M-98.3%
Payments For (Proceeds From) Other Restricted Assets	——	——	——	——
Payments to Acquire Debt Securities, Available-for-Sale	$63.68M+321%	$15.13M—	——	$135.63M-70.9%
Payments to Acquire Equity Securities, FV-NI	——	——	——	——
Payment for Acquisition, Loan, Held-for-Investment	$255.3M+87.9%	$135.89M-62.2%	$359.41M+4.8%	$342.88M—
Payments to Acquire Property, Plant, and Equipment	$8.06M-1.0%	$8.13M-17.0%	$9.8M+66.3%	$5.89M-30.6%
Payoffs and paydowns of loans held-for-sale	——	——	——	——
Short-term Federal Home Loan Bank borrowings	$610M-67.4%	$1.87B-46.1%	$3.47B+1,899%	$173.55M—
Proceeds from Death Benefit on Bank Owned Life Insurance	——	——	——	——
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$96.92M+52.7%	$63.45M+29.8%	$48.9M-42.3%	$84.69M-23.1%
Sale of investments	$19.01M+5.9%	$17.95M-58.6%	$43.32M+119%	$19.78M-90.0%
Proceeds From Sale Of Loans Held For Sale	$29.34M+223%	$9.09M+32.4%	$6.87M-32.6%	$10.18M-98.0%
Transfer from Bank Premises and Equipment, net to Other Real Estate Owned, net	——	——	——	$2.68M-77.7%
Payments of FHLBank Borrowings, Financing Activities	$501.5M-77.1%	$2.19B-32.2%	$3.24B+2,449%	$127M—
Revenue From Contract With Customer Excluding Assessed Tax	$20.32M+4.6%	$19.41M+12.4%	$17.27M-5.8%	$18.33M+4.8%
Service Charges, Commissions and Fees	$7.31M-1.1%	$7.39M+3.3%	$7.16M-0.2%	$7.17M+7.6%
Stock-based compensation	$2.07M+18.2%	$1.75M+12.2%	$1.56M+18.8%	$1.31M+26.3%
Restricted stock unit vesting (in shares)	——	——	——	——
Stock Issued During Period Shares Restricted Stock Award Forfeited	——	——	——	——
Stock Issued During Period Value Restricted Stock Award Forfeitures	——	——	——	$156K—
Restricted stock acquisition consideration	——	——	——	$0—
Undistributed Earnings Loss Allocated To Participating Securities Basic	——	——	——	$295K—
Add: dilutive effect of potential common shares (in shares)	——	——	——	$145.67K—
Weighted Average Shares Outstanding, including Shares Considered Participating Shares (in shares)	——	——	——	——

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Questions, answered.

What is Carter Bankshares, Inc.'s revenue?: Carter Bankshares, Inc. (CARE) generated $223.1M in revenue over the trailing twelve months, up 60.0% year over year.
Is Carter Bankshares, Inc. profitable?: Carter Bankshares, Inc. reported $108.2M in net income over the trailing twelve months, a 48.5% net margin.
What is Carter Bankshares, Inc.'s earnings per share?: Carter Bankshares, Inc.'s diluted EPS over the trailing twelve months is $4.87.
Where does Carter Bankshares, Inc.'s income statement data come from?: Every line is extracted from Carter Bankshares, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.