Carter Bankshares, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $20.3M | $19.4M | $17.3M | $18.3M | $17.5M | $18.0M | $12.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $40.0M | $30.9M | $102.8M | $82.0M | $58.4M | $-9.3M | $74.6M |
| Operating Margin | — | 196.9% | 159.0% | 595.5% | 447.1% | 334.1% | -51.5% | 583.3% |
| Interest Expense | — | — | — | $74.1M | $20.3M | $22.7M | $35.8M | $46.8M |
| Pretax Income | — | $40.0M | $30.9M | $28.7M | $61.7M | $35.7M | $-45.1M | $27.8M |
| Income Tax Expense | — | $8.6M | $6.3M | $5.3M | $11.6M | $4.1M | $772.0K | $1.2M |
| Net Income | — | $31.4M | $24.5M | $23.4M | $50.1M | $31.6M | $-45.9M | $26.6M |
| Net Margin | — | 154.4% | 126.3% | 135.4% | 273.4% | 180.7% | -254.9% | 207.9% |
| EPS (Basic) | — | $1.38 | $1.06 | $1.00 | $2.03 | $1.19 | $-1.74 | $1.01 |
| EPS (Diluted) | — | $1.38 | $1.06 | $1.00 | $2.03 | $1.19 | $-1.74 | $1.01 |
| Shares Outstanding (Basic) | 22.2M | 22.5M | 22.8M | 23.2M | 24.6M | 26.3M | 26.4M | 26.3M |
| Shares Outstanding (Diluted) | 22.2M | 22.5M | 22.8M | 23.2M | 24.6M | 26.3M | 26.4M | 26.3M |
| Dividends Per Share | — | — | — | — | — | — | $0.14 | — |