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Carter Bankshares, Inc. CARE Net Interest Income

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Other financials

Income statement

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Revenue$68.7M+84.3%
Net income$28.9M+240%
EPS (diluted)$1.31+254%

Balance sheet

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Cash & equivalents$276.5M
Total debt$10.9M+5.0%
Total equity$539.1M+32.9%
Total assets$4.8B+0.4%

Cash flow

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Operating cash flow$303.9M+4,667%
CapEx$2.3M+22.5%
Free cash flow$302.4M+6,131%

Valuation

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Market cap$731.41M+85.3%
P/E5.7×-6.9×
P/S2.9×+0.1×

Profitability

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Net margin50.5%+28.6pp
FCF margin147.6%

Returns & leverage

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Return on equity27.2%+19.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Carter Bankshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The source filing: Carter Bankshares, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001829576-26-000077
(Dollars in Thousands Except per Share Data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest Expense on Deposits21,40224,05942,95749,082
Interest on Other Borrowings1391,3291,8352,175
Total Interest Expense21,54125,38844,79251,257
NET INTEREST INCOME39,95032,35975,88462,497
Provision (Recovery) for Credit Losses2,010(2,330)(31,907)(4,355)
Recovery for Unfunded Loan Commitments(554)(335)(772)(449)
Net Interest Income After Provision (Recovery) for Credit Losses38,49435,024108,56367,301
NONINTEREST INCOME

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s net interest income?
Carter Bankshares, Inc. (CARE) reported net interest income of $39.95M in Q2 2026.
How has Carter Bankshares, Inc.'s net interest income changed year-over-year?
Carter Bankshares, Inc.'s net interest income increased by 23.5% year-over-year, from $32.36M to $39.95M.
What is the long-term trend for Carter Bankshares, Inc.'s net interest income?
Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s net interest income has grown at a 4.1% compound annual growth rate (CAGR), from $111.18M to $130.82M.
What does net interest income mean?
Represents the difference between interest earned on assets and interest paid on liabilities, serving as the primary driver of a bank's core profitability. This metric indicates how effectively the bank manages its net interest margin and balance sheet composition. It is the fundamental measure of a bank's ability to generate revenue from its core intermediation business.

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