Carter Bankshares

CARE

Market cap $405M

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) announced today an expansion into Greenville, S.C., strengthening the bank's footprint across Virginia and the Carolinas. This latest expansion builds on recent growth in Charlotte, Winston-Salem, Raleigh, and Gastonia. “We're excited to continue our expansion in the Carolinas and bring Carter Bank's relationship-driven approach to the Greenville market,” Carter Bank President and Chief Strategy Officer Brad Langs said. “Greenville'.

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bankshares, Inc. (the “Company”) (Nasdaq: CARE) today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond. The Company is already regulated by the Federal Reserve Bank of Richmond. The Company and Carter Bank will also continue to be.

AHEXY, CARE and CTLP have been added to the Zacks Rank #5 (Strong Sell) List on October 29, 2025.

Although the revenue and EPS for Carter Bankshares (CARE) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.23 per share a year ago.

MARTINSVILLE, VA / ACCESS Newswire / October 23, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $5.4 million, or $0.24 diluted earnings per share ("EPS"), for the third quarter of 2025 compared to net income of $8.5 million, or $0.37 diluted EPS, for the second quarter of 2025 and net income of $5.6 million, or $0.24 diluted EPS, for the third quarter of 2024. Net interest income was $33.7 million for the third quarter of 2025, $32.4 million for the second quarter of 2025, and $28.8 million for the third quarter of 2024.

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) has opened a new Loan Production Office in Gastonia, N.C., reinforcing the bank's commitment to growth in North Carolina. This expansion follows recent openings and expansions in Winston-Salem, Raleigh, and Mooresville. “Our new location in Gastonia highlights our dedication to supporting thriving business communities,” said Brad Langs, President and Chief Strategy Officer of Carter Bank. “Over the past 18 months, we've successfully.

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) today announced the promotion of two employees, underscoring the company's commitment to community banking and recognizing their essential contributions to the bank's continued growth. President and Chief Strategy Officer Brad Langs shared that Andy Meece has been promoted to Senior Vice President, Director of Strategy and Finance, while Charlie Sword has been promoted to Senior Vice President, Controller. "Andy and Charlie have tru.

Carter Bankshares, Inc. (CARE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Carter Bankshares (CARE 0.74%), a regional bank focused on commercial and consumer lending across Virginia and the Carolinas, released its earnings for Q2 2025 on July 24, 2025. The most notable news was a strong beat on reported earnings per share (GAAP), which landed at $0.37 in Q2 2025 -- outpacing the consensus forecast of $0.34 (GAAP).