CARE
Income statement / Annual
Last year (2024), Carter Bankshares, Inc.'s total revenue was $221.73 M,
an increase of 62.30% from the previous year.
In 2024, Carter Bankshares, Inc.'s net income was $24.52 M.
See Carter Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$221.73 M |
$136.61 M |
$73,000.00 |
$133.67 M |
$127.95 M |
$121.73 M |
$119.91 M |
$112.26 M |
$100.04 M |
$116.79 M |
| Cost of Revenue |
$0.00
|
$2.43 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$221.73 M
|
$134.19 M
|
$73,000.00
|
$133.67 M
|
$127.95 M
|
$121.73 M
|
$119.91 M
|
$112.26 M
|
$100.04 M
|
$116.79 M
|
| Gross Profit Ratio |
1
|
0.98
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$5.68 M
|
$60.76 M
|
$54.41 M
|
$62.28 M
|
$59.65 M
|
$58.43 M
|
$56.65 M
|
$53.90 M
|
$42.44 M
|
$39.81 M
|
| Selling & Marketing Expenses |
$0.00
|
$1.69 M
|
$1.43 M
|
$952,000.00
|
$1.63 M
|
$1.45 M
|
$884,000.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$5.68 M
|
$62.45 M
|
$55.85 M
|
$63.23 M
|
$61.29 M
|
$58.43 M
|
$56.65 M
|
$53.90 M
|
$42.44 M
|
$39.81 M
|
| Other Expenses |
$0.00
|
$74.16 M
|
-$27.32 M
|
-$161.20 M
|
-$234.32 M
|
-$152.38 M
|
-$124.13 M
|
-$147.26 M
|
-$78.48 M
|
-$59.40 M
|
| Operating Expenses |
$5.68 M
|
$136.61 M
|
$5.82 M
|
-$97.97 M
|
-$173.03 M
|
-$93.95 M
|
-$67.48 M
|
-$93.36 M
|
-$36.04 M
|
-$19.59 M
|
| Cost And Expenses |
$5.68 M
|
$136.61 M
|
$5.82 M
|
-$97.97 M
|
-$173.03 M
|
-$93.95 M
|
-$67.48 M
|
-$93.36 M
|
-$36.04 M
|
-$19.59 M
|
| Interest Income |
$220.72 M
|
$194.96 M
|
$160.18 M
|
$133.90 M
|
$140.94 M
|
$158.98 M
|
$152.02 M
|
$143.59 M
|
$147.42 M
|
$152.38 M
|
| Interest Expense |
$95.43 M
|
$74.11 M
|
$20.25 M
|
$22.71 M
|
$35.83 M
|
$46.77 M
|
$38.11 M
|
$37.11 M
|
$46.38 M
|
$47.80 M
|
| Depreciation & Amortization |
$0.00
|
$6.25 M
|
$6.06 M
|
$6.23 M
|
$6.14 M
|
$5.34 M
|
$3.68 M
|
$3.15 M
|
$3.32 M
|
$5.74 M
|
| EBITDA |
$0.00 |
$0.00 |
$67.78 M |
$41.93 M |
$0.00 |
$33.12 M |
$0.00 |
$0.00 |
$33,000.00 |
$55.13 M |
| EBITDA Ratio |
0
|
0
|
1205.95
|
0.31
|
-0.3
|
0.27
|
0.47
|
0.2
|
0.67
|
0.88
|
| Operating Income Ratio |
0.97
|
0.21
|
1122.89
|
0.27
|
-0.35
|
0.23
|
0.44
|
0.17
|
0.64
|
0.83
|
| Total Other Income/Expenses Net |
-$185.19 M
|
$0.00
|
-$17.37 M
|
-$20.69 M
|
-$45.09 M
|
-$20.49 M
|
-$25.05 M
|
-$23.93 M
|
-$26.13 M
|
-$16.91 M
|
| Income Before Tax |
$30.87 M
|
$28.72 M
|
$61.72 M
|
$35.70 M
|
-$45.09 M
|
$27.78 M
|
$14.31 M
|
-$18.21 M
|
$17.62 M
|
$49.40 M
|
| Income Before Tax Ratio |
0.14
|
0.21
|
845.44
|
0.27
|
-0.35
|
0.23
|
0.12
|
-0.16
|
0.18
|
0.42
|
| Income Tax Expense |
$6.35 M
|
$5.34 M
|
$11.60 M
|
$4.11 M
|
$772,000.00
|
$1.21 M
|
$2.40 M
|
-$17.53 M
|
$1.65 M
|
$10.24 M
|
| Net Income |
$24.52 M
|
$23.38 M
|
$50.12 M
|
$31.59 M
|
-$45.86 M
|
$26.58 M
|
$11.91 M
|
-$681,000.00
|
$15.98 M
|
$39.16 M
|
| Net Income Ratio |
0.11
|
0.17
|
686.55
|
0.24
|
-0.36
|
0.22
|
0.1
|
-0.01
|
0.16
|
0.34
|
| EPS |
1.07 |
1 |
2.03 |
1.19 |
-1.74 |
1.01 |
0.45 |
-0.0259 |
0.61 |
1.49 |
| EPS Diluted |
1.07 |
1 |
2.03 |
1.19 |
-1.74 |
1.01 |
0.45 |
-0.0259 |
0.61 |
1.49 |
| Weighted Average Shares Out |
$22.82 M
|
$23.24 M
|
$24.60 M
|
$26.34 M
|
$26.38 M
|
$26.32 M
|
$26.26 M
|
$26.26 M
|
$26.26 M
|
$26.26 M
|
| Weighted Average Shares Out Diluted |
$22.82 M
|
$23.24 M
|
$24.60 M
|
$26.34 M
|
$26.38 M
|
$26.34 M
|
$26.26 M
|
$26.26 M
|
$26.26 M
|
$26.26 M
|
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