Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
16.05
-0.13 (-0.80%)
At close: Apr 1, 2025, 4:00 PM
16.36
+0.31 (1.92%)
After-hours: Apr 1, 2025, 4:48 PM EDT

Carter Bankshares Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Interest Income on Loans
188.65162.46138.66120.18124.92
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Interest Income on Investments
33.0833.9621.5213.7216.02
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Total Interest Income
221.73196.42160.18133.9140.94
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Interest Paid on Deposits
95.4352.6318.6222.2535.39
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Interest Paid on Borrowings
11.8421.481.640.470.44
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Total Interest Expense
107.2774.1120.2522.7135.83
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Net Interest Income
114.46122.31139.93111.18105.12
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Net Interest Income Growth (YoY)
-6.42%-12.59%25.85%5.77%-6.44%
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Gain (Loss) on Sale of Assets
--0.07--0.1
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Gain (Loss) on Sale of Investments
0.07-1.52-0.585.165.79
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Other Non-Interest Income
21.319.821.622.0119.36
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Total Non-Interest Income
21.3718.2821.127.1725.39
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Non-Interest Income Growth (YoY)
16.91%-13.36%-22.36%7.01%76.13%
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Revenues Before Loan Losses
135.83140.59161.03138.36130.51
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Provision for Loan Losses
-5.056.42.932.0818.01
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Revenue
140.87134.19158.1136.28112.5
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Revenue Growth (YoY)
4.98%-15.12%16.01%21.13%-8.80%
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Salaries and Employee Benefits
55.9654.651.0953.1251.37
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Occupancy Expenses
15.4813.9813.5313.5613.27
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Federal Deposit Insurance
6.24.92.022.162.31
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Selling, General & Administrative
16.614.9714.413.2112.71
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Other Non-Interest Expense
15.7617.0115.3614.9113.64
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Total Non-Interest Expense
110105.4796.38100.5895.4
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EBT Excluding Unusual Items
30.8728.7261.7235.717.11
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Pretax Income
30.8728.7261.7235.7-45.09
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Income Tax Expense
6.355.3411.64.110.77
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Net Income
24.5223.3850.1231.59-45.86
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Preferred Dividends & Other Adjustments
0.250.20.30.13-
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Net Income to Common
24.2823.1949.8231.46-45.86
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Net Income Growth
4.87%-53.34%58.65%--
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Basic Shares Outstanding
2323252626
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Diluted Shares Outstanding
2323252626
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Shares Change (YoY)
-1.82%-5.51%-6.63%-0.14%0.46%
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EPS (Basic)
1.061.002.031.19-1.74
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EPS (Diluted)
1.061.002.031.19-1.74
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EPS Growth
6.25%-50.75%70.22%--
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Effective Tax Rate
20.56%18.58%18.79%11.51%-
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Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.
SEC Filings: 10-K · 10-Q