Carter Bankshares, Inc. (CARE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 35.93M | 34.6M | 33.58M | 32.22M | 30.03M | 29.03M | 28.59M | 27.79M | 28.04M | 26.93M | 26.98M | 26.4M | 40.55M | 41.43M | 37.7M | 32.44M | 28.2M | 28.03M | 29.37M | 27.17M |
| NII Growth % | 19.68% | 19.21% | 17.44% | 15.95% | 7.08% | 7.77% | 5.97% | 5.27% | -30.84% | -34.99% | -28.44% | -18.62% | 43.77% | 47.84% | 28.36% | 19.38% | 6.45% | 7.36% | 15.65% | 3.73% |
| Net Interest Margin % | 0.75% | 0.71% | 0.69% | 0.67% | 0.64% | 0.62% | 0.62% | 0.61% | 0.62% | 0.6% | 0.61% | 0.6% | 0.93% | 0.99% | 0.92% | 0.79% | 0.68% | 0.68% | 0.71% | 0.66% |
| Interest Income | 59.19M | 59.3M | 59.03M | 57.61M | 55.9M | 56.38M | 56.38M | 54.28M | 53.67M | 51.38M | 48.47M | 43.4M | 51.72M | 48.13M | 42.3M | 36.94M | 32.66M | 32.91M | 34.88M | 33.06M |
| Interest Expense | 23.25M | 24.69M | 25.45M | 25.39M | 25.87M | 27.35M | 27.8M | 26.49M | 25.63M | 24.44M | 21.49M | 17M | 11.17M | 6.69M | 4.6M | 4.5M | 4.46M | 4.88M | 5.51M | 5.89M |
| Loan Loss Provision | -34.13M | -2.26M | 3.23M | -2.67M | -2.14M | -5.03M | -241K | 255K | -27K | 3.48M | 975K | 445K | 1.5M | 371K | 80K | 2.08M | 394K | 615K | -473K | 364K |
| Non-Interest Income | 70.97M | 5.22M | 4.55M | 4.06M | 6.02M | 4.52M | 4.74M | 5.03M | 4.67M | 1.82M | 4.87M | 4.57M | 4.5M | 4.73M | 4.47M | 4.97M | 4.34M | 4.87M | 5.64M | 3.95M |
| Non-Interest Income % | 54.53% | 8.1% | 7.16% | 6.58% | 9.72% | 7.42% | 7.76% | 8.48% | 8% | 3.42% | 9.13% | 9.53% | 8% | 8.96% | 9.55% | 11.85% | 11.73% | 12.89% | 13.91% | 10.68% |
| Total Revenue | 130.16M | 64.52M | 63.58M | 61.66M | 61.92M | 60.9M | 61.13M | 59.31M | 58.34M | 53.2M | 53.34M | 47.97M | 56.21M | 52.86M | 46.77M | 41.91M | 37M | 37.78M | 40.52M | 37.02M |
| Revenue Growth % | 110.22% | 5.95% | 4.01% | 3.97% | 6.13% | 14.48% | 14.6% | 23.63% | 3.78% | 0.64% | 14.05% | 14.48% | 51.93% | 39.93% | 15.42% | 13.21% | -9.91% | -2.98% | 0.7% | -10.87% |
| Non-Interest Expense | 31.01M | 31M | 27.75M | 28.31M | 27.05M | 27.9M | 26.54M | 26.64M | 25.5M | 27.16M | 26.47M | 24.77M | 23.1M | 26.72M | 22.67M | 22.75M | 21.5M | 25.3M | 23.38M | 24.44M |
| Efficiency Ratio | 23.83% | 48.05% | 43.64% | 45.91% | 43.69% | 45.81% | 43.42% | 44.91% | 43.71% | 51.06% | 49.62% | 51.62% | 41.09% | 50.54% | 48.47% | 54.29% | 58.1% | 66.98% | 57.69% | 66.03% |
| Operating Income | 110.03M | 11.08M | 7.15M | 10.63M | 11.14M | 10.68M | 7.03M | 5.92M | 7.23M | -1.89M | 4.41M | 5.76M | 20.45M | 19.08M | 19.42M | 12.57M | 10.65M | 6.97M | 12.1M | 6.32M |
| Operating Margin % | 84.54% | 17.18% | 11.25% | 17.24% | 17.99% | 17.54% | 11.5% | 9.99% | 12.4% | -3.55% | 8.26% | 12% | 36.37% | 36.09% | 41.52% | 30% | 28.79% | 18.46% | 29.87% | 17.07% |
| Operating Income Growth % | 888.07% | 3.74% | 1.79% | 79.41% | 53.94% | 665.54% | 59.47% | 2.88% | -64.62% | -109.9% | -77.3% | -54.19% | 91.94% | 173.52% | 60.42% | 98.96% | 3.41% | 126.46% | 121.31% | 59.26% |
| Pretax Income | 110.03M | 11.08M | 7.15M | 10.63M | 11.14M | 10.68M | 7.03M | 5.92M | 7.23M | -1.89M | 4.41M | 5.76M | 20.45M | 19.08M | 19.42M | 12.57M | 10.65M | 6.97M | 12.1M | 6.32M |
| Pretax Margin % | 84.54% | 17.18% | 11.25% | 17.24% | 17.99% | 17.54% | 11.5% | 9.99% | 12.4% | -3.55% | 8.26% | 12% | 36.37% | 36.09% | 41.52% | 30% | 28.79% | 18.46% | 29.87% | 17.07% |
| Income Tax | 24.27M | 2.6M | 1.74M | 2.12M | 2.18M | 2.4M | 1.4M | 1.12M | 1.42M | -1K | 780K | 54K | 4.5M | 3.47M | 5.01M | 1.79M | 1.33M | 1.36M | 931K | 886K |
| Effective Tax Rate % | 22.06% | 23.49% | 24.25% | 19.93% | 19.6% | 22.49% | 19.91% | 18.92% | 19.67% | 0.05% | 17.7% | 0.94% | 22.03% | 18.18% | 25.8% | 14.26% | 12.48% | 19.57% | 7.69% | 14.02% |
| Net Income | 85.76M | 8.48M | 5.42M | 8.51M | 8.95M | 8.28M | 5.63M | 4.8M | 5.81M | -1.89M | 3.63M | 5.7M | 15.94M | 15.61M | 14.41M | 10.78M | 9.32M | 5.61M | 11.17M | 5.43M |
| Net Margin % | 65.89% | 13.14% | 8.52% | 13.8% | 14.46% | 13.6% | 9.21% | 8.1% | 9.96% | -3.55% | 6.8% | 11.89% | 28.36% | 29.53% | 30.81% | 25.72% | 25.2% | 14.85% | 27.57% | 14.67% |
| Net Income Growth % | 857.86% | 2.42% | -3.73% | 77.18% | 54.07% | 538.56% | 55.2% | -15.8% | -63.55% | -112.1% | -74.83% | -47.08% | 70.99% | 178.24% | 28.95% | 98.42% | -0.55% | 90.69% | 119.37% | 21.93% |
| Net Income (Continuing) | 85.76M | 8.48M | 5.42M | 8.51M | 8.95M | 8.28M | 5.63M | 4.8M | 5.81M | -1.89M | 3.63M | 5.7M | 15.94M | 15.61M | 14.41M | 10.78M | 9.32M | 5.61M | 11.17M | 5.43M |
| EPS (Diluted) | 3.93 | 0.39 | 0.24 | 0.37 | 0.39 | 0.36 | 0.24 | 0.21 | 0.25 | -0.08 | 0.16 | 0.24 | 0.67 | 0.65 | 0.59 | 0.44 | 0.36 | 0.21 | 0.42 | 0.21 |
| EPS Growth % | 907.69% | 8.33% | 0% | 76.19% | 56% | 540.1% | 50% | -12.5% | -62.69% | -112.58% | -72.88% | -45.45% | 86.11% | 209.52% | 40.48% | 109.52% | 0% | 90.91% | 119.18% | 23.53% |
| EPS (Basic) | 3.93 | 0.39 | 0.24 | 0.37 | 0.39 | 0.36 | 0.24 | 0.21 | 0.25 | -0.08 | 0.16 | 0.24 | 0.67 | 0.65 | 0.59 | 0.44 | 0.36 | 0.21 | 0.42 | 0.21 |
| Diluted Shares Outstanding | 21.85M | 21.86M | 22.29M | 22.81M | 22.87M | 23.24M | 23.07M | 22.83M | 22.77M | 22.96M | 22.95M | 23.51M | 23.77M | 23.91M | 24.27M | 24.49M | 25.74M | 26.35M | 26.35M | 26.34M |