Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025 4.6% Revenue growth, 20253 Where the money goes Where each dollar of revenue went, fiscal 2025 Income tax Profit
Income tax 22¢ $8.6M Profit 78¢ $31.4M Out of $20.3M in revenue.3
Where each dollar of operating cash went, fiscal 2025 Capital spending Share buybacks Kept or used elsewhere
Capital spending 20¢ $8.1M Share buybacks 50¢ $20.0M Kept or used elsewhere 30¢ $11.8M Out of $39.9M of cash from operations.3
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 3 $20.3M in 2025+59% since 2019 0 $10.0M $20.0M $30.0M 2019: $12.8M $12.8M 2019 2020: $18.0M $18.0M 2020 +41% 2021: $17.5M $17.5M 2021 −3% 2022: $18.3M $18.3M 2022 +5% 2023: $17.3M $17.3M 2023 −6% 2024: $19.4M $19.4M 2024 +12% 2025: $20.3M $20.3M 2025 +5% Net income4 5 6 7 3 $31.4M in 2025+18% since 2019 -$50.0M -$25.0M 0 $25.0M $50.0M $75.0M 2019: $26.6M $26.6M 2019 2020: -$45.9M -$45.9M 2020 2021: $31.6M $31.6M 2021 2022: $50.1M $50.1M 2022 +59% 2023: $23.4M $23.4M 2023 −53% 2024: $24.5M $24.5M 2024 +5% 2025: $31.4M $31.4M 2025 +28% Net income8 9 $28.9M in Q2 FY2026−66% since Q1 FY2026 0 $25.0M $50.0M $75.0M $100.0M Q1 FY2026: $85.8M $85.8M Q1 FY2026 Q2 FY2026: $28.9M $28.9M Q2 FY2026 −66% Fiscal year 2019 2020 2021 2022 2023 2024 2025 Revenue $12.8M4 $18.0M5 $17.5M6 $18.3M7 $17.3M3 $19.4M3 $20.3M3 Interest $46.8M4 $35.8M5 $22.7M6 $20.3M6 $74.1M6 Income tax $1.2M4 $772.0K5 $4.1M6 $11.6M7 $5.3M3 $6.3M3 $8.6M3 Net income $26.6M4 -$45.9M5 $31.6M6 $50.1M7 $23.4M3 $24.5M3 $31.4M3 Earnings per share $1.014 -$1.745 $1.196 $2.037 $1.003 $1.063 $1.383 Earnings per share (diluted) $1.014 -$1.745 $1.196 $2.037 $1.003 $1.063 $1.383
Total assets4 5 6 7 3 $4.9B in 2025+16% since 2020 0 $2.0B $4.0B $6.0B 2020: $4.2B $4.2B 2020 2021: $4.1B $4.1B 2021 −1% 2022: $4.2B $4.2B 2022 +2% 2023: $4.5B $4.5B 2023 +7% 2024: $4.7B $4.7B 2024 +3% 2025: $4.9B $4.9B 2025 +4% Total liabilities4 5 6 7 3 $4.4B in 2025+19% since 2020 0 $2.0B $4.0B $6.0B 2020: $3.7B $3.7B 2020 2021: $3.7B $3.7B 2021 −0% 2022: $3.9B $3.9B 2022 +4% 2023: $4.2B $4.2B 2023 +7% 2024: $4.3B $4.3B 2024 +3% 2025: $4.4B $4.4B 2025 +4% Shareholders’ equity5 6 7 3 $419.7M in 2025−11% since 2019 0 $200.0M $400.0M $600.0M 2019: $473.1M $473.1M 2019 2020: $440.2M $440.2M 2020 −7% 2021: $407.6M $407.6M 2021 −7% 2022: $328.6M $328.6M 2022 −19% 2023: $351.2M $351.2M 2023 +7% 2024: $384.3M $384.3M 2024 +9% 2025: $419.7M $419.7M 2025 +9% Cash5 4 3 $105.2M in 2025−16% since 2019 0 $100.0M $200.0M $300.0M 2019: $125.8M $125.8M 2019 2020: $241.9M $241.9M 2020 +92% 2021: $277.8M $277.8M 2021 +15% 2022: $46.9M $46.9M 2022 −83% 2023: $54.5M $54.5M 2023 +16% 2024: $131.2M $131.2M 2024 +141% 2025: $105.2M $105.2M 2025 −20% Total assets8 9 $4.8B in Q2 FY2026−1% since Q1 FY2025 0 $2.0B $4.0B $6.0B Q1 FY2025: $4.9B $4.9B Q1 FY2025 Q2 FY2025: $4.9B $4.9B Q2 FY2025 +0% Q1 FY2026: $4.8B $4.8B Q1 FY2026 −1% Q2 FY2026: $4.8B $4.8B Q2 FY2026 +0% Total liabilities8 9 $4.3B in Q2 FY2026−4% since Q1 FY2025 0 $2.0B $4.0B $6.0B Q1 FY2025: $4.4B $4.4B Q1 FY2025 Q2 FY2025: $4.4B $4.4B Q2 FY2025 +0% Q1 FY2026: $4.3B $4.3B Q1 FY2026 −3% Q2 FY2026: $4.3B $4.3B Q2 FY2026 −1% Shareholders’ equity8 9 $539.1M in Q2 FY2026+28% since Q1 FY2025 0 $200.0M $400.0M $600.0M Q1 FY2025: $419.7M $419.7M Q1 FY2025 Q2 FY2025: $419.7M $419.7M Q2 FY2025 +0% Q1 FY2026: $504.9M $504.9M Q1 FY2026 +20% Q2 FY2026: $504.9M $504.9M Q2 FY2026 +0% Q2 FY2026: $539.1M $539.1M Q2 FY2026 +7% Cash8 9 $276.5M in Q2 FY2026+163% since Q1 FY2025 0 $100.0M $200.0M $300.0M Q1 FY2025: $105.2M $105.2M Q1 FY2025 Q2 FY2025: $105.2M $105.2M Q2 FY2025 +0% Q1 FY2026: $228.3M $228.3M Q1 FY2026 +117% Q2 FY2026: $276.5M $276.5M Q2 FY2026 +21% Fiscal year 2019 2020 2021 2022 2023 2024 2025 Cash $125.8M5 $241.9M4 $277.8M4 $46.9M3 $54.5M3 $131.2M3 $105.2M3 Total assets $4.2B4 $4.1B5 $4.2B6 $4.5B7 $4.7B3 $4.9B3 Total liabilities $3.7B4 $3.7B5 $3.9B6 $4.2B7 $4.3B3 $4.4B3 Shareholders’ equity $473.1M5 $440.2M6 $407.6M7 $328.6M3 $351.2M3 $384.3M3 $419.7M3 Shares outstanding 26.4M shares4 26.4M shares5 24.0M shares6 23.0M shares7 23.1M shares3 22.1M shares3
Cash from operations4 5 6 7 3 $39.9M in 2025+4% since 2019 0 $20.0M $40.0M $60.0M $80.0M 2019: $38.3M $38.3M 2019 2020: $7.7M $7.7M 2020 −80% 2021: $77.5M $77.5M 2021 +906% 2022: $70.8M $70.8M 2022 −9% 2023: $46.7M $46.7M 2023 −34% 2024: $36.9M $36.9M 2024 −21% 2025: $39.9M $39.9M 2025 +8% Capital spending4 5 6 7 3 $8.1M in 2025−5% since 2019 0 $5.0M $10.0M $15.0M 2019: $8.5M $8.5M 2019 2020: $10.1M $10.1M 2020 +20% 2021: $8.5M $8.5M 2021 −16% 2022: $5.9M $5.9M 2022 −31% 2023: $9.8M $9.8M 2023 +66% 2024: $8.1M $8.1M 2024 −17% 2025: $8.1M $8.1M 2025 −1% Free cash flow4 5 6 7 3 $31.8M in 2025+7% since 2019 -$20.0M 0 $20.0M $40.0M $60.0M $80.0M 2019: $29.8M $29.8M 2019 2020: -$2.4M -$2.4M 2020 2021: $69.1M $69.1M 2021 2022: $64.9M $64.9M 2022 −6% 2023: $36.9M $36.9M 2023 −43% 2024: $28.8M $28.8M 2024 −22% 2025: $31.8M $31.8M 2025 +10% Dividends paid4 5 $0 in 20220 $1.0M $2.0M $3.0M $4.0M 2019: $0 $0 2019 2020: $3.7M $3.7M 2020 2021: $0 $0 2021 2022: $0 $0 2022 Share buybacks4 5 6 7 3 $20.0M in 20250 $20.0M $40.0M $60.0M 2019: $0 $0 2019 2020: $0 $0 2020 2021: $157.0K $157.0K 2021 2022: $42.9M $42.9M 2022 +27242% 2023: $16.4M $16.4M 2023 −62% 2024: $0 $0 2024 2025: $20.0M $20.0M 2025 Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2019 2020 2021 2022 2023 2024 2025 Cash from operations $38.3M4 $7.7M5 $77.5M6 $70.8M7 $46.7M3 $36.9M3 $39.9M3 Capital spending $8.5M4 $10.1M5 $8.5M6 $5.9M7 $9.8M3 $8.1M3 $8.1M3 Free cash flow $29.8M -$2.4M $69.1M $64.9M $36.9M $28.8M $31.8M Dividends paid $04 $3.7M5 $05 $05 Share buybacks $04 $05 $157.0K6 $42.9M7 $16.4M3 $03 $20.0M3 Dividend per share $0.145
Compare Carter Bankshares, Inc. with another company
Recent filings
Oct 8, 2026 SCHEDULE 13G/A Sep 11, 2026 4 Sep 11, 2026 4/A Aug 17, 2026 8-K Aug 14, 2026 SCHEDULE 13G/A Aug 11, 2026 S-3D Aug 11, 2026 8-K Aug 6, 2026 10-Q Aug 5, 2026 4 Jul 31, 2026 SCHEDULE 13G/A Jul 30, 2026 4 Jul 30, 2026 4 Jul 27, 2026 8-K Jul 23, 2026 8-K Jul 23, 2026 8-K Every filing from the last three years, summarized . The full record is on SEC EDGAR.1
