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Carter Bankshares, Inc. CARE Interest Expense, Deposits

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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:InterestExpenseDeposits.

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
Dividend Income128140373252
Total Interest Income61,49157,747120,676113,754
Interest Expense
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)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s interest expense, deposits?
Carter Bankshares, Inc. (CARE) reported interest expense, deposits of $21.4M in Q2 2026.
How has Carter Bankshares, Inc.'s interest expense, deposits changed year-over-year?
Carter Bankshares, Inc.'s interest expense, deposits decreased by 11.0% year-over-year, from $24.06M to $21.4M.
What is the long-term trend for Carter Bankshares, Inc.'s interest expense, deposits?
Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s interest expense, deposits has grown at a 44.2% compound annual growth rate (CAGR), from $22.25M to $96.18M.
What does interest expense, deposits mean?
Interest Expense, Deposits

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