Carter Bankshares (CARE) Revenue & Revenue Breakdown
Carter Bankshares Revenue Highlights
Latest Revenue (Y)
$254.63M
Latest Revenue (Q)
$64.54M
Main Segment (Y)
Bank Owned Life Insurance Income
Carter Bankshares Revenue by Period
Carter Bankshares Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $254.63M | 6.24% |
| 2024-12-31 | $239.67M | 13.15% |
| 2023-12-31 | $211.82M | 18.24% |
| 2022-12-31 | $179.15M | 14.56% |
| 2021-12-31 | $156.38M | -4.51% |
| 2020-12-31 | $163.77M | -2.74% |
| 2019-12-31 | $168.38M | 6.65% |
| 2018-12-31 | $157.89M | 9.40% |
| 2017-12-31 | $144.33M | -1.59% |
| 2016-12-31 | $146.66M | -10.88% |
| 2015-12-31 | $164.57M | 3.43% |
| 2014-12-31 | $159.12M | 0.57% |
| 2013-12-31 | $158.22M | -5.91% |
| 2012-12-31 | $168.15M | 2.16% |
| 2011-12-31 | $164.60M | -0.71% |
| 2010-12-31 | $165.78M | 4.85% |
| 2009-12-31 | $158.11M | 4.79% |
| 2008-12-31 | $150.89M | -4.03% |
| 2007-12-31 | $157.22M | 631.46% |
| 2006-12-31 | $21.49M | - |
Carter Bankshares generated $254.63M in revenue during NA 2025, up 6.24% compared to the previous quarter, and up 155.47% compared to the same period a year ago.
Carter Bankshares Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $64.54M | 61.62% |
| 2025-06-30 | $39.93M | -35.51% |
| 2025-03-31 | $61.92M | 1.67% |
| 2024-12-31 | $60.90M | -0.37% |
| 2024-09-30 | $61.13M | 3.07% |
| 2024-06-30 | $59.31M | 1.66% |
| 2024-03-31 | $58.34M | 9.66% |
| 2023-12-31 | $53.20M | -0.26% |
| 2023-09-30 | $53.34M | 11.19% |
| 2023-06-30 | $47.97M | -14.66% |
| 2023-03-31 | $56.21M | 6.34% |
| 2022-12-31 | $52.86M | 13.03% |
| 2022-09-30 | $46.77M | 11.60% |
| 2022-06-30 | $41.91M | 13.27% |
| 2022-03-31 | $37.00M | -2.07% |
| 2021-12-31 | $37.78M | -6.77% |
| 2021-09-30 | $40.52M | 9.47% |
| 2021-06-30 | $37.02M | -9.86% |
| 2021-03-31 | $41.06M | 5.46% |
| 2020-12-31 | $38.94M | -3.23% |
| 2020-09-30 | $40.24M | -3.11% |
| 2020-06-30 | $41.53M | -3.56% |
| 2020-03-31 | $43.06M | 8.99% |
| 2019-12-31 | $39.51M | -8.62% |
| 2019-09-30 | $43.24M | -0.32% |
| 2019-06-30 | $43.38M | 3.28% |
| 2019-03-31 | $42.00M | 13.07% |
| 2018-12-31 | $37.15M | -5.01% |
| 2018-09-30 | $39.11M | -7.86% |
| 2018-06-30 | $42.44M | 7.92% |
| 2018-03-31 | $39.33M | 40.30% |
| 2017-12-31 | $28.03M | -2.69% |
| 2017-09-30 | $28.80M | 8.21% |
| 2017-06-30 | $26.62M | -7.59% |
| 2017-03-31 | $28.80M | 49.30% |
| 2016-12-31 | $19.29M | -29.83% |
| 2016-09-30 | $27.49M | 10.85% |
| 2016-06-30 | $24.80M | -12.84% |
| 2016-03-31 | $28.45M | -3.23% |
| 2015-12-31 | $29.41M | 2.68% |
| 2015-09-30 | $28.64M | -2.49% |
| 2015-06-30 | $29.37M | -0.02% |
| 2015-03-31 | $29.38M | -0.91% |
| 2014-12-31 | $29.65M | 6.33% |
| 2014-09-30 | $27.88M | -3.61% |
| 2014-06-30 | $28.92M | 5.30% |
| 2014-03-31 | $27.47M | 1.60% |
| 2013-12-31 | $27.04M | 3.13% |
| 2013-09-30 | $26.21M | 4.10% |
| 2013-06-30 | $25.18M | -6.72% |
| 2013-03-31 | $27.00M | -2.91% |
| 2012-12-31 | $27.81M | -1.88% |
| 2012-09-30 | $28.34M | 3.37% |
| 2012-06-30 | $27.41M | -2.42% |
| 2012-03-31 | $28.09M | 34.20% |
| 2007-09-30 | $20.93M | 4.82% |
| 2007-06-30 | $19.97M | -1.23% |
| 2007-03-31 | $20.22M | - |
Carter Bankshares generated $64.54M in revenue during Q3 2025, up 61.62% compared to the previous quarter, and up 108.82% compared to the same period a year ago.
Carter Bankshares Revenue Breakdown
Carter Bankshares Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Other Revenue | $532.00K | $414.00K | $1.01M | $1.21M | - |
| Bank Owned Life Insurance Income | $1.51M | $1.47M | $1.38M | $1.36M | - |
| Commercial Loan Swap Fee Income | - | - | $139.00K | - | - |
| Insurance | - | - | - | - | $1.90M |
| Deposit Accounts, Commissions, And Fees | - | - | - | - | $6.66M |
Latest
Carter Bankshares's latest annual revenue breakdown by segment (product or service), as of Dec 25: Bank Owned Life Insurance Income (73.96%), and Other Revenue (26.04%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial Loan Swap Fee Income | $23.00K | - | - | $116.00K | $18.00K | $756.00K | - | $359.00K | $1.10M | $742.00K | $219.00K |
| Debit Card | - | $1.90M | $1.93M | $2.10M | $1.79M | $1.85M | $1.93M | $1.77M | $1.75M | $1.87M | $1.83M |
| Insurance | - | $868.00K | $508.00K | $174.00K | $876.00K | $568.00K | $269.00K | $802.00K | $427.00K | $378.00K | $294.00K |
| Deposit Accounts, Commissions And Fees | - | $1.78M | - | - | - | - | - | - | - | - | - |
| Deposit Accounts, Commissions, And Fees | - | - | $1.76M | $1.84M | $1.75M | $1.75M | $1.95M | $1.70M | $1.66M | $1.49M | $1.81M |
| Other Real Estate Owned Income | - | - | - | - | $13.00K | $12.00K | $10.00K | $8.00K | $7.00K | $4.00K | $71.00K |
Latest
Carter Bankshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Commercial Loan Swap Fee Income (100.00%).
Carter Bankshares Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CARE | Carter Bankshares | $254.63M | $64.54M |
| SFST | Southern First Bancshares | $224.62M | $58.59M |
| BSRR | Sierra Bancorp | $201.98M | $-95.00M |
| WTBA | West Ban | $198.49M | $48.92M |
| CWBC | Community West Bancshares | $194.60M | $27.26M |
| FRBA | First Bank | $173.24M | $55.44M |
| GCBC | Greene County Bancorp | $132.94M | $36.65M |
| BSVN | Bank7 | $131.54M | $29.27M |
| VBNK | VersaBank | $108.64M | $73.50M |
| USCB | USCB Financial | $63.60M | $41.40M |
| KRNY | Kearny Financial | $33.37M | $86.22M |