Carter Bankshares, INC 10-Q quarterly reports

Carter Bankshares, Inc. announced a substantial increase in net income and earnings per share for the second quarter of 2026, driven by strategic transactions and improved net interest income.

Carter Bankshares, Inc. announced a significant increase in net income for the first quarter of 2026, largely due to a substantial gain from the sale of a loan portfolio.

Carter Bankshares, Inc. reports a significant increase in net interest income for Q3 2025, driven by loan growth and lower funding costs, despite a provision for credit losses.

Carter Bankshares, Inc. reported significant increases in net income and net interest income for the second quarter and first half of 2025, driven by loan growth and improved asset quality metrics.

Carter Bankshares, Inc. announces a rise in net income to $9.0 million for the first quarter of 2025, driven by increased net interest income and a recovery in credit losses.

Carter Bankshares experienced a slight increase in net interest income and a decrease in provision for credit losses in Q3 2024, while navigating challenges with nonperforming loans.

Carter Bankshares reports a slight increase in net interest income for Q2 2024, but faces ongoing challenges from a large non-performing loan and increased expenses.

Carter Bankshares' first quarter 2024 net income was significantly impacted by a large commercial loan moving to nonaccrual status, despite growth in deposits and loans.