Carter Bankshares Inc. (CARE)

NASDAQ: CARE · Real-Time Price · USD

15.50

0.19 (1.24%)

At close: Apr 28, 2025, 3:59 PM

15.43

-0.45%

After-hours: Apr 28, 2025, 04:02 PM EDT

Carter Bankshares Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	33.55M	33.33M	60.12M	59.09M	55.11M	31.85M	30.97M	45.04M	73K	41.99M	37.46M	32.77M	32.9M	35.01M	31.13M	34.64M	31.59M	31.69M	32.17M	32.49M	28.18M	31.31M	31.44M	30.8M	26.37M	29.03M	33.33M	31.23M	28.03M	28.8M	26.62M	28.8M	19.29M	27.49M	24.8M	28.45M
Cost of Revenue	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross Profit	33.55M	33.33M	60.12M	59.09M	55.11M	31.85M	30.97M	45.04M	73K	41.99M	37.46M	32.77M	32.9M	35.01M	31.13M	34.64M	31.59M	31.69M	32.17M	32.49M	28.18M	31.31M	31.44M	30.8M	26.37M	29.03M	33.33M	31.23M	28.03M	28.8M	26.62M	28.8M	19.29M	27.49M	24.8M	28.45M
Operating Income	n/a	7.03M	7.49M	8.92M	44.96M	3.63M	5.76M	29.49M	25.77M	24.02M	12.57M	10.65M	6.97M	12.1M	6.32M	10.3M	3.08M	-56.8M	3.97M	4.67M	3.43M	8.06M	8.33M	7.96M	3.34M	-6.37M	9.24M	8.09M	-16.77M	-5M	-4.22M	7.77M	-7.8M	6.21M	7.89M	11.33M
Interest Income	56.38M	56.38M	54.28M	53.67M	51.38M	48.89M	43.72M	51.95M	48.22M	42.33M	36.96M	32.68M	32.93M	34.91M	33.09M	32.96M	33.5M	33.95M	35.55M	37.77M	39.7M	40.1M	40.04M	39.13M	39.86M	38.21M	38.36M	35.59M	36.45M	34.91M	35.96M	36.27M	35.55M	36.88M	37.17M	37.82M
Pretax Income	10.68M	7.03M	5.92M	7.23M	-1.89M	4.41M	5.76M	19.83M	19.08M	19.42M	12.57M	10.65M	6.97M	12.1M	6.32M	10.3M	3.08M	-56.8M	3.97M	4.67M	3.43M	8.06M	8.33M	7.96M	3.34M	-6.37M	9.24M	8.09M	-16.77M	-5M	-4.22M	7.77M	-7.8M	6.21M	7.89M	11.33M
Net Income	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	9.38M	2.94M	-57.68M	4.46M	4.42M	3.61M	7.6M	7.83M	7.54M	3.41M	-7.53M	7.2M	8.83M	-5.07M	-429K	-1.48M	6.3M	-3.87M	5.23M	6.28M	8.33M
Selling & General & Admin	17.38M	16.72M	16.65M	16.24M	17.35M	15.69M	14.78M	14.63M	15.71M	15.71M	14.64M	13.69M	17.08M	15.13M	16.11M	14.92M	15.5M	15.4M	14.59M	15.79M	16.66M	13.59M	14.21M	13.97M	14.63M	13.91M	14.08M	14.04M	15.53M	13.29M	10.88M	11.3M	10.65M	10.99M	10.24M	10.56M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	16.17M	16.61M	-8.54M	-7.41M	-10.15M	3.63M	-39.99M	-30.18M	42.57M	-5.51M	-39.53M	-35.81M	-6.96M	-7.7M	-10.31M	n/a	45.79M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	33.55M	33.33M	8.54M	7.41M	10.15M	3.63M	-25.21M	-15.55M	4.35M	1.31M	-24.89M	-22.11M	6.96M	7.7M	10.31M	23.13M	23.56M	87.01M	22.69M	24.46M	29.75M	22.18M	22.27M	21.38M	28.56M	24.34M	21.94M	21.54M	31.52M	20.96M	20.32M	17.8M	23.73M	18.72M	18.86M	16.85M
Interest Expense	27.35M	27.8M	26.49M	25.63M	6.43M	21.49M	17M	11.17M	6.69M	4.6M	4.5M	4.46M	4.88M	5.51M	5.89M	6.43M	7.35M	8.55M	9.36M	10.57M	11.33M	12.08M	12.11M	11.24M	10.77M	10.08M	9.11M	8.15M	8.67M	9.12M	9.48M	9.84M	10.73M	11.58M	12.03M	12.04M
Selling & Marketing Expenses	1.07M	585K	528K	357K	560K	363K	431K	339K	560K	368K	267K	239K	366K	196K	220K	170K	223K	404K	400K	606K	743K	205K	326K	171K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	33.55M	33.33M	54.19M	51.86M	57M	3.63M	-25.21M	-15.55M	4.35M	1.31M	-24.89M	-22.11M	31.62M	29.72M	34.42M	23.13M	23.56M	87.01M	22.69M	24.46M	29.75M	22.18M	22.27M	21.38M	28.56M	24.34M	21.94M	21.54M	31.52M	20.96M	20.32M	17.8M	23.73M	18.72M	18.86M	16.85M
Income Tax Expense	2.4M	1.4M	1.12M	1.42M	-1K	780K	54K	3.89M	3.47M	5.01M	1.79M	1.33M	1.36M	931K	886K	926K	138K	875K	-488K	247K	-175K	458K	504K	422K	-67K	1.16M	2.04M	-735K	-11.7M	-4.57M	-2.73M	1.47M	-3.94M	975K	1.61M	3M
Shares Outstanding (Basic)	22.82M	22.83M	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	26.28M	26.39M	26.34M	26.3M	26.36M	26.33M	26.33M	26.33M	26.29M	26.26M	25.96M	26.26M	26.26M	26.26M	21.45M	24.72M	26.26M	26.7M	26.16M	26.18M	26.26M
Shares Outstanding (Diluted)	22.82M	22.83M	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	26.28M	26.39M	26.39M	26.3M	26.46M	26.36M	26.35M	26.35M	26.3M	26.26M	26.26M	26.26M	26.26M	27.56M	21.45M	24.72M	26.26M	26.7M	26.16M	26.18M	26.26M
EPS (Basic)	0.37	0.24	0.21	0.26	-0.08	0.16	0.24	0.67	0.65	0.59	0.44	0.36	0.21	0.42	0.21	0.36	0.11	-2.19	0.17	0.17	0.14	0.29	0.30	0.29	0.13	-0.29	0.27	0.34	-0.19	-0.02	-0.06	0.24	-0.14	0.20	0.24	0.32
EPS (Diluted)	0.37	0.24	0.21	0.26	-0.08	0.16	0.24	0.67	0.65	0.59	0.44	0.36	0.21	0.42	0.21	0.36	0.11	-2.19	0.17	0.17	0.14	0.29	0.30	0.29	0.13	-0.29	0.27	0.34	-0.18	-0.02	-0.06	0.24	-0.14	0.20	0.24	0.32
EBITDA	n/a	n/a	7.67M	n/a	n/a	6.02M	7.33M	21.34M	20.65M	20.93M	14.07M	12.13M	8.54M	13.66M	7.87M	11.86M	4.63M	-55.23M	5.5M	6.15M	4.86M	9.4M	9.63M	9.24M	4.45M	-5.47M	10.07M	8.94M	-10.36M	-4.28M	-3.41M	8.47M	-6.99M	7.03M	n/a	n/a
EBIT	-1.84M	7.03M	5.92M	-1.67M	-1.56M	4.41M	5.76M	19.83M	19.08M	19.42M	12.57M	10.65M	6.97M	12.1M	6.32M	10.3M	3.08M	-56.8M	3.97M	4.67M	3.43M	8.06M	8.33M	7.96M	3.34M	-6.37M	9.24M	8.09M	-11.19M	-5M	-4.22M	7.77M	-7.8M	6.21M	-839K	-840K
Depreciation & Amortization	1.84M	n/a	1.75M	1.67M	1.56M	1.61M	1.57M	1.51M	1.57M	1.52M	1.5M	1.48M	1.56M	1.56M	1.55M	1.56M	1.55M	1.57M	1.54M	1.48M	1.43M	1.34M	1.29M	1.27M	1.11M	898K	829K	843K	827K	811K	812K	700K	817K	822K	839K	840K