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Carter Bankshares, Inc. CARE Occupancy and equipment

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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$703.04M+78.1%
P/E5.5×-7.1×
P/S2.8×0.0×

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:OccupancyNet.

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
Total Noninterest Income28,7304,90899,70411,809
NONINTEREST EXPENSE
Salaries and Employee Benefits14,05114,08228,96627,739
Occupancy Expense, net4,5844,2309,4458,702
FDIC Insurance Expense(241)1,4361,2692,866
Other Taxes7769221,7011,869
Advertising Expense8207081,7461,619
Telephone Expense278307570611

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s occupancy and equipment?
Carter Bankshares, Inc. (CARE) reported occupancy and equipment of $4.58M in Q2 2026.
How has Carter Bankshares, Inc.'s occupancy and equipment changed year-over-year?
Carter Bankshares, Inc.'s occupancy and equipment increased by 8.4% year-over-year, from $4.23M to $4.58M.
What is the long-term trend for Carter Bankshares, Inc.'s occupancy and equipment?
Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s occupancy and equipment has grown at a 6.8% compound annual growth rate (CAGR), from $13.56M to $17.62M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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