CARE
Income statement / Annual
Last year (2025), Carter Bankshares Inc's total revenue was $254.63 M,
an increase of 6.24% from the previous year.
In 2025, Carter Bankshares Inc's net income was $31.36 M.
See Carter Bankshares Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
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 |
| Operating Revenue |
$254.63 M |
$239.67 M |
$211.82 M |
$179.15 M |
$156.38 M |
$163.77 M |
$168.38 M |
$157.89 M |
$144.33 M |
$146.66 M |
| Cost of Revenue |
$97.57 M
|
$102.23 M
|
$80.51 M
|
$23.18 M
|
$24.80 M
|
$53.83 M
|
$50.18 M
|
$54.98 M
|
$80.31 M
|
$64.10 M
|
| Gross Profit |
$157.06 M
|
$137.45 M
|
$131.31 M
|
$155.97 M
|
$131.58 M
|
$109.94 M
|
$118.21 M
|
$102.91 M
|
$64.02 M
|
$82.56 M
|
| Gross Profit Ratio |
0.62
|
0.57
|
0.62
|
0.87
|
0.84
|
0.67
|
0.7
|
0.65
|
0.44
|
0.56
|
| 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 |
$75.36 M
|
$64.11 M
|
$60.76 M
|
$54.41 M
|
$56.31 M
|
$54.70 M
|
$58.62 M
|
$56.91 M
|
$53.93 M
|
$47.51 M
|
| Selling & Marketing Expenses |
$0.00
|
$2.54 M
|
$1.69 M
|
$1.43 M
|
$952.00 K
|
$1.63 M
|
$1.45 M
|
$884.00 K
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$75.36 M
|
$66.65 M
|
$62.45 M
|
$55.85 M
|
$57.27 M
|
$56.34 M
|
$60.06 M
|
$57.80 M
|
$53.93 M
|
$47.51 M
|
| Other Expenses |
$41.69 M
|
$39.93 M
|
$40.14 M
|
$38.40 M
|
$38.62 M
|
$98.69 M
|
$30.36 M
|
$30.80 M
|
$28.30 M
|
$17.43 M
|
| Operating Expenses |
$117.05 M
|
$106.58 M
|
$102.59 M
|
$94.25 M
|
$95.89 M
|
$155.03 M
|
$90.42 M
|
$88.60 M
|
$82.23 M
|
$64.94 M
|
| Cost And Expenses |
$214.63 M
|
$208.81 M
|
$183.10 M
|
$117.43 M
|
$120.68 M
|
$208.86 M
|
$140.60 M
|
$143.58 M
|
$162.54 M
|
$129.04 M
|
| Interest Income |
$232.22 M
|
$220.72 M
|
$194.96 M
|
$160.03 M
|
$133.78 M
|
$140.72 M
|
$158.98 M
|
$152.02 M
|
$144.08 M
|
$147.65 M
|
| Interest Expense |
$101.40 M
|
$107.27 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
|
| Depreciation & Amortization |
$0.00
|
$7.06 M
|
$6.25 M
|
$6.06 M
|
$6.23 M
|
$6.14 M
|
$5.34 M
|
$3.68 M
|
$3.15 M
|
$3.29 M
|
| EBITDA |
$40.00 M |
$37.92 M |
$34.97 M |
$67.78 M |
$41.93 M |
-$38.94 M |
$33.12 M |
$17.99 M |
-$15.06 M |
$20.91 M |
| EBITDA Ratio |
0.16
|
0.16
|
0.17
|
0.38
|
0.27
|
-0.24
|
0.2
|
0.11
|
-0.1
|
0.14
|
| Operating Income Ratio |
0.16
|
0.13
|
0.14
|
0.34
|
0.23
|
-0.28
|
0.17
|
0.09
|
-0.13
|
0.12
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$40.00 M
|
$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
|
| Income Before Tax Ratio |
0.16
|
0.13
|
0.14
|
0.34
|
0.23
|
-0.28
|
0.17
|
0.09
|
-0.13
|
0.12
|
| Income Tax Expense |
$8.64 M
|
$6.35 M
|
$5.34 M
|
$11.60 M
|
$4.11 M
|
$772.00 K
|
$1.21 M
|
$2.40 M
|
-$17.53 M
|
$1.65 M
|
| Net Income |
$31.36 M
|
$24.52 M
|
$23.38 M
|
$50.12 M
|
$31.59 M
|
-$45.86 M
|
$26.58 M
|
$11.91 M
|
-$681.00 K
|
$15.98 M
|
| Net Income Ratio |
0.12
|
0.1
|
0.11
|
0.28
|
0.2
|
-0.28
|
0.16
|
0.08
|
-0
|
0.11
|
| EPS |
1.4 |
1.06 |
1 |
2.03 |
1.2 |
-1.74 |
1.01 |
0.45 |
-0.03 |
0.61 |
| EPS Diluted |
1.4 |
1.06 |
1 |
2.03 |
1.2 |
-1.74 |
1.01 |
0.45 |
-0.03 |
0.61 |
| Weighted Average Shares Out |
$22.46 M
|
$23.24 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
|
| Weighted Average Shares Out Diluted |
$22.46 M
|
$23.24 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
|
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