Carter Bankshares Inc. (CARE)

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	186.09M	207.65M	206.17M	177.02M	162.97M	107.93M	118.08M	124.57M	112.3M	145.12M	138.13M	131.79M	133.66M	132.36M	129.04M	130.09M	127.95M	124.53M	124.16M	123.42M	121.73M	119.93M	117.64M	119.53M	119.96M	121.61M	121.39M	114.68M	112.25M	103.52M	102.21M	100.39M	100.04M	110.16M	111.3M	115.87M
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	186.09M	207.65M	206.17M	177.02M	162.97M	107.93M	118.08M	124.57M	112.3M	145.12M	138.13M	131.79M	133.66M	132.36M	129.04M	130.09M	127.95M	124.53M	124.16M	123.42M	121.73M	119.93M	117.64M	119.53M	119.96M	121.61M	121.39M	114.68M	112.25M	103.52M	102.21M	100.39M	100.04M	110.16M	111.3M	115.87M
Operating Income	23.44M	68.4M	65M	63.27M	83.84M	64.65M	85.04M	91.85M	73.01M	54.22M	42.3M	36.05M	35.7M	31.8M	-37.1M	-39.45M	-45.09M	-44.73M	20.13M	24.49M	27.78M	27.69M	13.27M	14.18M	14.31M	-5.8M	-4.43M	-17.89M	-18.21M	-9.25M	1.96M	14.07M	17.62M	39.1M	45.49M	49.56M
Interest Income	220.72M	215.71M	208.21M	197.65M	195.94M	192.77M	186.21M	179.46M	160.18M	144.9M	137.49M	133.62M	133.9M	134.47M	133.5M	135.96M	140.77M	146.97M	153.12M	157.61M	158.97M	159.13M	157.24M	155.56M	152.02M	148.61M	145.31M	142.91M	143.59M	142.69M	144.66M	145.87M	147.42M	150.46M	151.63M	152.54M
Pretax Income	30.87M	18.3M	15.68M	15.51M	28.11M	49.08M	64.09M	70.9M	61.72M	49.61M	42.3M	36.05M	35.7M	31.8M	-37.1M	-39.45M	-45.09M	-44.73M	20.13M	24.49M	27.78M	27.69M	13.27M	14.18M	14.31M	-5.8M	-4.43M	-17.89M	-18.21M	-9.25M	1.96M	14.07M	17.62M	39.1M	45.49M	49.56M
Net Income	24.52M	14.36M	12.35M	13.25M	23.38M	40.88M	51.66M	56.74M	50.12M	40.12M	36.88M	31.54M	31.59M	28.92M	-39.93M	-40.91M	-45.86M	-45.19M	20.09M	23.46M	26.57M	26.38M	11.24M	10.62M	11.9M	3.43M	10.53M	1.85M	-681K	525K	6.19M	13.95M	15.98M	32.14M	36.38M	39.04M
Selling & General & Admin	66.99M	66.97M	65.94M	64.06M	62.45M	60.81M	60.84M	60.69M	59.75M	61.12M	60.54M	62.01M	63.23M	61.65M	61.92M	60.41M	61.29M	62.45M	60.63M	60.25M	58.43M	56.4M	56.72M	56.59M	56.65M	57.55M	56.94M	53.73M	51M	46.13M	43.83M	43.19M	42.44M	41.34M	40.56M	40.41M
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	16.83M	-9.48M	-22.47M	-53.92M	-76.69M	-23.97M	-33.12M	-32.65M	-38.28M	-87.81M	-90M	-60.78M	-24.98M	27.77M	35.48M	45.79M	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	82.83M	59.43M	29.72M	-4.03M	-26.98M	-32.78M	-35.1M	-34.78M	-41.35M	-38.73M	-32.34M	2.86M	48.11M	64.71M	144.01M	156.4M	157.72M	163.91M	99.08M	98.66M	95.58M	94.39M	96.55M	96.22M	96.38M	99.35M	95.97M	94.35M	90.61M	82.81M	80.57M	79.11M	78.16M	69.9M	67.04M	65.53M
Interest Expense	107.27M	86.35M	80.04M	70.56M	56.1M	56.36M	39.47M	26.97M	20.25M	18.44M	19.35M	20.74M	22.71M	25.18M	28.22M	31.68M	35.83M	39.81M	43.34M	46.1M	46.77M	46.21M	44.21M	41.21M	38.11M	36.01M	35.05M	35.42M	37.11M	39.17M	41.63M	44.18M	46.38M	48.22M	48.89M	48.6M
Selling & Marketing Expenses	2.54M	2.03M	1.81M	1.71M	1.69M	1.69M	1.7M	1.53M	1.43M	1.24M	1.07M	1.02M	952K	809K	1.02M	1.2M	1.63M	2.15M	1.95M	1.88M	1.45M	702K	497K	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	172.93M	196.38M	166.68M	87.27M	19.86M	-32.78M	-35.1M	-34.78M	-41.35M	-14.08M	14.33M	73.64M	118.89M	110.83M	168.12M	156.4M	157.72M	163.91M	99.08M	98.66M	95.58M	94.39M	96.55M	96.22M	96.38M	99.35M	95.97M	94.35M	90.61M	82.81M	80.57M	79.11M	78.16M	69.9M	67.04M	65.53M
Income Tax Expense	6.35M	3.94M	3.32M	2.26M	4.72M	8.2M	12.42M	14.16M	11.6M	9.49M	5.42M	4.51M	4.11M	2.88M	2.83M	1.45M	772K	459K	42K	1.03M	1.21M	1.32M	2.02M	3.56M	2.4M	-9.23M	-14.96M	-19.74M	-17.53M	-9.77M	-4.23M	115K	1.65M	6.97M	9.1M	10.52M
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)	1.08	0.63	0.55	0.58	0.99	1.72	2.15	2.35	2.04	1.60	1.43	1.20	1.20	1.10	-1.51	-1.55	-1.74	-1.71	0.77	0.90	1.02	1.01	0.43	0.40	0.45	0.13	0.40	0.07	-0.03	0.02	0.24	0.54	0.62	1.23	1.39	1.49
EPS (Diluted)	1.08	0.63	0.55	0.58	0.99	1.72	2.15	2.35	2.04	1.60	1.43	1.20	1.20	1.10	-1.51	-1.55	-1.74	-1.71	0.77	0.90	1.02	1.01	0.43	0.40	0.45	0.14	0.41	0.08	-0.02	0.02	0.24	0.54	0.62	1.23	1.39	1.49
EBITDA	7.67M	7.67M	13.69M	13.34M	34.69M	55.33M	70.25M	76.99M	67.78M	55.67M	48.39M	42.2M	41.93M	38.02M	-30.86M	-33.23M	-38.94M	-38.72M	25.91M	30.03M	33.12M	32.71M	17.85M	18.29M	17.99M	3.18M	4.37M	-9.11M	-9.57M	-6.2M	5.11M	8.51M	41K	7.03M	n/a	n/a
EBIT	9.44M	9.72M	7.1M	6.93M	28.44M	49.08M	64.09M	70.9M	61.72M	49.61M	42.3M	36.05M	35.7M	31.8M	-37.1M	-39.45M	-45.09M	-44.73M	20.13M	24.49M	27.78M	27.69M	13.27M	14.18M	14.31M	-219K	1.15M	-12.31M	-12.63M	-9.25M	1.96M	5.33M	-3.28M	3.73M	-3.26M	-3.86M
Depreciation & Amortization	5.26M	4.98M	6.59M	6.41M	6.25M	6.26M	6.17M	6.1M	6.06M	6.05M	6.09M	6.15M	6.23M	6.22M	6.24M	6.22M	6.14M	6.01M	5.78M	5.54M	5.33M	5.02M	4.58M	4.11M	3.68M	3.4M	3.31M	3.29M	3.15M	3.14M	3.15M	3.18M	3.32M	3.3M	3.26M	3.86M