Carter Bankshares Operating Expenses Growth & History (CARE)
Carter Bankshares's operating expenses was $117.1M for fiscal 2025.
View full Carter Bankshares company overviewCarter Bankshares annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $117.1M | $7.1M | +6.41% |
| 2024 | 2024-12-31 | $110.0M | $4.5M | +4.30% |
| 2023 | 2023-12-31 | $105.5M | $8.5M | +8.73% |
| 2022 | 2022-12-31 | $97.0M | −$5.3M | −5.17% |
| 2021 | 2021-12-31 | $102.3M | −$56.5M | −35.58% |
| 2020 | 2020-12-31 | $158.8M | $60.7M | +61.97% |
| 2019 | 2019-12-31 | $98.0M | — | — |
Carter Bankshares quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $30.0M | $682,000 | +2.33% |
| Q1 2026 | 2026-03-31 | $31.0M | $3.0M | +10.59% |
| Q4 2025 | 2025-12-31 | $31.0M | $2.1M | +7.41% |
| Q3 2025 | 2025-09-30 | $28.7M | $1.3M | +4.63% |
| Q2 2025 | 2025-06-30 | $29.3M | $1.9M | +6.77% |
| Q1 2025 | 2025-03-31 | $28.0M | $1.8M | +6.80% |
| Q4 2024 | 2024-12-31 | $28.9M | −$206,000 | −0.71% |
| Q3 2024 | 2024-09-30 | $27.4M | $151,000 | +0.55% |
| Q2 2024 | 2024-06-30 | $27.4M | $1.9M | +7.48% |
| Q1 2024 | 2024-03-31 | $26.3M | $2.7M | +11.37% |
| Q4 2023 | 2023-12-31 | $29.1M | $1.5M | +5.27% |
| Q3 2023 | 2023-09-30 | $27.3M | $3.8M | +16.28% |
| Q2 2023 | 2023-06-30 | $25.5M | $2.1M | +9.08% |
| Q1 2023 | 2023-03-31 | $23.6M | $1.1M | +4.73% |
| Q4 2022 | 2022-12-31 | $27.6M | $1.4M | +5.26% |
| Q3 2022 | 2022-09-30 | $23.5M | −$1.2M | −4.95% |
| Q2 2022 | 2022-06-30 | $23.4M | −$4.3M | −15.67% |
| Q1 2022 | 2022-03-31 | $22.5M | −$1.1M | −4.63% |
| Q4 2021 | 2021-12-31 | $26.2M | $2.4M | +10.05% |
| Q3 2021 | 2021-09-30 | $24.7M | −$62.6M | −71.72% |
| Q2 2021 | 2021-06-30 | $27.8M | $4.9M | +21.29% |
| Q1 2021 | 2021-03-31 | $23.6M | −$1.1M | −4.62% |
| Q4 2020 | 2020-12-31 | $23.8M | −$6.6M | −21.80% |
| Q3 2020 | 2020-09-30 | $87.3M | $64.5M | +283.28% |
| Q2 2020 | 2020-06-30 | $22.9M | $230,000 | +1.02% |
| Q1 2020 | 2020-03-31 | $24.7M | $2.6M | +11.93% |
| Q4 2019 | 2019-12-31 | $30.5M | — | — |
| Q3 2019 | 2019-09-30 | $22.8M | — | — |
| Q2 2019 | 2019-06-30 | $22.7M | — | — |
| Q1 2019 | 2019-03-31 | $22.1M | — | — |
Carter Bankshares operating expenses trends
Over the last five fiscal years, Carter Bankshares's operating expenses decreased from $158.8M to $117.1M, a change of −$41.7M. The latest reported quarter, Q2 2026, shows $30.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carter Bankshares source filings ↗