Carter Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	136.62	130.82	114.46	122.31	139.93	111.18
Net Interest Income Growth	17.59%	14.30%	-6.42%	-12.59%	25.85%	5.77%
Non-Interest Income	86.48	22.4	21.37	18.28	21.72	28.88
Non-Interest Income Growth	272.36%	4.85%	16.91%	-15.84%	-24.80%	8.66%
Revenues Before Loan Losses	223.09	153.22	135.83	140.59	161.65	140.06
Provision for Credit Losses	-35.53	-3.64	-5.04	5.5	2.42	3.35
Revenue	258.62	156.86	140.86	135.09	159.23	136.71
Revenue Growth (YoY)	76.56%	11.36%	4.28%	-15.16%	16.47%	20.25%
Compensation Expenses	59	57.74	57.91	55.86	52.4	54.16
Selling, General & Admin	49.41	48.23	43.32	38.76	34.7	33.79
Other Non-Interest Expenses	11.61	11.08	8.78	10.85	9.91	14.34
Total Non-Interest Expense	120.02	117.05	110	105.47	97	102.29
Pretax Income	138.9	40	30.87	28.72	61.72	35.7
Provision for Income Taxes	30.73	8.64	6.35	5.34	11.6	4.11
Net Income	108.17	31.36	24.52	23.38	50.12	31.59
Net Income to Common	108.17	31.36	24.52	23.38	50.12	31.59
Net Income Growth	290.99%	27.89%	4.87%	-53.34%	58.65%	-
Shares Outstanding (Basic)	22	22	23	23	25	26
Shares Outstanding (Diluted)	22	22	23	23	25	26
Shares Change (YoY)	-2.80%	-1.58%	-1.82%	-5.51%	-6.63%	-0.14%
EPS (Basic)	4.87	1.38	1.06	1.00	2.03	1.19
EPS (Diluted)	4.87	1.38	1.06	1.00	2.03	1.19
EPS Growth	305.83%	30.19%	6.00%	-50.74%	70.59%	-
Shares Outstanding	22.16	22.08	23.07	22.96	23.96	26.43
Free Cash Flow	329.33	31.81	28.81	36.93	64.9	69.05
Free Cash Flow Growth	935.41%	10.42%	-22.00%	-43.09%	-6.01%	-
Free Cash Flow Per Share	14.83	1.42	1.26	1.59	2.64	2.62
Profit Margin	41.82%	19.99%	17.41%	17.31%	31.48%	23.11%
FCF Margin	127.34%	20.28%	20.45%	27.34%	40.76%	50.51%
EBITDA	11.01	11.03	10.65	12.6	11.81	11.03
EBITDA Margin	4.26%	7.03%	7.56%	9.33%	7.42%	8.07%
Effective Tax Rate	22.12%	21.60%	20.56%	18.58%	18.79%	11.51%

SEC Filings: 10-K · 10-Q