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Carter Bankshares (CARE)
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Carter Bankshares Income Statement 2025-2011 | CARE
Brief overview of revenue and earnings at Carter Bankshares
The comparison covers a five-year financial horizon. The revenue attributed to Carter Bankshares moved from 18 million dollars to 20.3 million dollars between the two endpoints. The cumulative result was +12.9%, corresponding to roughly 2.5% per year. Revenue was effectively stagnant over the period.
Net profit was 2.9 million dollars at the start and 31.4 million dollars at the end. Net profitability strengthened faster than the top line.
Market value was 312 million dollars at the start and 466 million dollars at the end. Market value lagged the financial performance.
Summary assessment
The financial profile remains mixed, with strengths and risks moving in different directions. Key strengths include a stronger final result. Caution is warranted because of limited revenue growth. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.
Annual Income Statement Carter Bankshares
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
466 M | 376 M | 305 M | 378 M | 439 M | 312 M | 441 M | 440 M | 462 M | 410 M | 358 M | 331 M | 301 M | 244 M | 210 M |
Shares |
22.5 M | 22.8 M | 23.2 M | 24.6 M | 26.3 M | 26.4 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M | 26.3 M |
Historical Prices |
20.8 | 16.5 | 13.1 | 15.4 | 16.7 | 11.8 | 16.8 | 17.1 | 16.7 | 15.5 | 13 | 12.4 | 10.1 | 8.11 | 7.28 |
Net Income |
31.4 M | 24.5 M | 23.4 M | 50.1 M | 31.6 M | 2.94 M | 3.61 M | 11.9 M | -681 K | 16 M | 39.2 M | 33.5 M | 26.1 M | 30.3 M | 30.1 M |
Revenue |
20.3 M | 19.4 M | 17.3 M | 18.3 M | 17.5 M | 18 M | 12.8 M | 120 M | 112 M | 100 M | 117 M | 114 M | 105 M | 112 M | 108 M |
Cost of Revenue |
57.7 M | 57.9 M | 55.9 M | 52.4 M | 54.2 M | 52.4 M | 52.9 M | - | - | - | - | - | - | - | - |
Gross Profit |
-37.4 M | -38.5 M | -38.6 M | -34.1 M | -36.7 M | -34.4 M | -40.1 M | - | - | - | - | - | - | - | - |
Interest Expense |
131 M | 114 M | 74.1 M | 20.3 M | 22.7 M | 7.35 M | 11.3 M | - | - | - | - | - | - | - | - |
EBITDA |
7.86 M | 7.06 M | 6.25 M | 6.06 M | 6.23 M | 6.14 M | 5.34 M | - | - | - | - | - | - | - | - |
Operating Expenses |
-37.4 M | -38.5 M | -38.6 M | -34.1 M | -36.7 M | -34.4 M | -40.1 M | 155 M | 171 M | 143 M | - | - | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | 58.4 M | 56.7 M | 53.9 M | 42.4 M | 39.8 M | 40.1 M | 41.6 M | 42.5 M | 43.5 M |
Annual performance
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All numbers in USD currency
Quarterly Income Statement Carter Bankshares
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
21.8 M | 21.8 M | 21.8 M | -199 K | 22.3 M | 22.8 M | 22.9 M | 7.04 M | 22.8 M | 22.8 M | 22.8 M | -167 K | 22.9 M | 23.5 M | 23.8 M | 24 M | 24.3 M | 24.5 M | 25.7 M | 26.4 M | 26.3 M | 26.3 M | 26.3 M | 26.4 M | 26.4 M | 26.3 M | 26.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
7.64 M | 28.9 M | 85.8 M | 8.38 M | 5.35 M | 8.41 M | 8.95 M | 8.2 M | 5.57 M | 4.76 M | 5.81 M | -1.88 M | 3.59 M | 5.66 M | 15.9 M | 15.6 M | 14.4 M | 10.7 M | 9.32 M | 5.61 M | 11.2 M | 5.41 M | 9.38 M | 2.94 M | -57.7 M | 4.46 M | 4.42 M | 3.61 M | 7.6 M | 7.83 M | 7.54 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
16.3 M | 14.1 M | 14.9 M | 16 M | 14 M | 14.1 M | 13.7 M | 14.9 M | 14.6 M | 14.2 M | 14.2 M | 14.6 M | 14 M | 13.6 M | 13.7 M | - | 13.5 M | 12.4 M | 11.8 M | - | 12.8 M | 13.7 M | 12.6 M | - | 13 M | 12.5 M | 13.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
41.2 M | 40 M | 35.9 M | 34.6 M | 33.7 M | 32.4 M | 30.1 M | 29.1 M | 28.8 M | 28.1 M | 28.4 M | 27.4 M | 27.4 M | 26.7 M | 11.2 M | 41.5 M | 4.6 M | 32.5 M | 4.46 M | 28 M | 5.51 M | 27.2 M | 6.43 M | 7.35 M | 8.55 M | 9.36 M | 10.6 M | 11.3 M | 12.1 M | 12.1 M | 11.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
- | 4.28 M | 2.13 M | - | 1.96 M | - | 1.91 M | - | 1.79 M | - | 1.67 M | - | 1.61 M | - | 1.51 M | - | 4.49 M | - | 1.48 M | - | 4.67 M | - | 1.56 M | - | 4.59 M | 3.02 M | 1.48 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Carter Bankshares (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.