Carter Bankshares, Inc. (CARE) Financials

$17.38

north_east
$0.35 (2.06%)
Day's range
$17.31
Day's range
$17.63

CARE Income statement / Annual

Last year (2023), Carter Bankshares, Inc.'s total revenue was $136.61 M, an increase of 187,041.10% from the previous year. In 2023, Carter Bankshares, Inc.'s net income was $23.38 M. See Carter Bankshares, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $136.61 M $73,000.00 $133.67 M $127.95 M $121.73 M $119.91 M $112.26 M $100.04 M $116.79 M $113.92 M
Cost of Revenue $2.43 M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Gross Profit $134.19 M $73,000.00 $133.67 M $127.95 M $121.73 M $119.91 M $112.26 M $100.04 M $116.79 M $113.92 M
Gross Profit Ratio 0.98 1 1 1 1 1 1 1 1 1
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $60.76 M $54.41 M $62.28 M $59.65 M $58.43 M $56.65 M $53.90 M $42.44 M $39.81 M $40.07 M
Selling & Marketing Expenses $1.69 M $1.43 M $952,000.00 $1.63 M $1.45 M $884,000.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $62.45 M $55.85 M $63.23 M $61.29 M $58.43 M $56.65 M $53.90 M $42.44 M $39.81 M $40.07 M
Other Expenses $74.16 M -$27.32 M -$161.20 M -$234.32 M -$152.38 M -$124.13 M -$147.26 M -$78.48 M -$59.40 M -$65.37 M
Operating Expenses $136.61 M $5.82 M -$97.97 M -$173.03 M -$93.95 M -$67.48 M -$93.36 M -$36.04 M -$19.59 M -$25.30 M
Cost And Expenses $136.61 M $5.82 M -$97.97 M -$173.03 M -$93.95 M -$67.48 M -$93.36 M -$36.04 M -$19.59 M -$25.30 M
Interest Income $194.96 M $160.18 M $133.90 M $140.94 M $158.98 M $152.02 M $143.59 M $147.42 M $152.38 M $146.73 M
Interest Expense $74.11 M $20.25 M $22.71 M $35.83 M $46.77 M $38.11 M $37.11 M $46.38 M $47.80 M $45.33 M
Depreciation & Amortization $6.25 M $6.06 M $6.23 M $6.14 M $5.34 M $3.68 M $3.15 M $3.32 M $5.74 M $10.52 M
EBITDA $0.00 $67.78 M $41.93 M $0.00 $33.12 M $0.00 $0.00 $33,000.00 $55.13 M $0.00
EBITDA Ratio 0 1205.95 0.31 -0.3 0.27 0.47 0.2 0.67 0.88 0.87
Operating Income Ratio 0.21 1122.89 0.27 -0.35 0.23 0.44 0.17 0.64 0.83 0.78
Total Other Income/Expenses Net $0.00 -$17.37 M -$20.69 M -$45.09 M -$20.49 M -$25.05 M -$23.93 M -$26.13 M -$16.91 M -$24.87 M
Income Before Tax $28.72 M $61.72 M $35.70 M -$45.09 M $27.78 M $14.31 M -$18.21 M $17.62 M $49.40 M $43.29 M
Income Before Tax Ratio 0.21 845.44 0.27 -0.35 0.23 0.12 -0.16 0.18 0.42 0.38
Income Tax Expense $5.34 M $11.60 M $4.11 M $772,000.00 $1.21 M $2.40 M -$17.53 M $1.65 M $10.24 M $9.83 M
Net Income $23.38 M $50.12 M $31.59 M -$45.86 M $26.58 M $11.91 M -$681,000.00 $15.98 M $39.16 M $33.46 M
Net Income Ratio 0.17 686.55 0.24 -0.36 0.22 0.1 -0.01 0.16 0.34 0.29
EPS 1 2.03 1.19 -1.74 1.01 0.45 -0.0259 0.61 1.49 1.27
EPS Diluted 1 2.03 1.19 -1.74 1.01 0.45 -0.0259 0.61 1.49 1.27
Weighted Average Shares Out $23.24 M $24.60 M $26.34 M $26.38 M $26.32 M $26.26 M $26.26 M $26.26 M $26.26 M $26.26 M
Weighted Average Shares Out Diluted $23.24 M $24.60 M $26.34 M $26.38 M $26.34 M $26.26 M $26.26 M $26.26 M $26.26 M $26.26 M
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