Carter Bankshares, INC 8-K filings

Carter Bankshares, Inc. has established a new Dividend Reinvestment and Stock Purchase Plan, allowing shareholders to acquire up to 1,000,000 additional shares.

Carter Bankshares, Inc. released its second quarter 2026 financial results, highlighting improved net interest income and adjusted net income, alongside strategic portfolio adjustments.

Carter Bankshares, Inc. announced its board of directors has declared a quarterly cash dividend of $0.10 per share, payable on August 24, 2026.

Carter Bankshares, Inc. announced its second quarter 2026 financial results, reporting a net income of $28.9 million, or $1.31 diluted EPS, with strategic portfolio repositioning enhancing future earnings.

Carter Bankshares, Inc. entered into amended and restated employment and change of control agreements with key executives to align with current best practices and regulatory changes.

Carter Bankshares, Inc. has completed a $139.4 million securities portfolio repositioning to enhance future interest income.

Carter Bankshares, Inc. successfully concluded its 2026 Annual Meeting of Shareholders, confirming the election of all 11 director nominees and the ratification of its independent auditors.

Carter Bankshares, Inc. announced its Board of Directors has declared a quarterly cash dividend of $0.10 per share, payable May 25, 2026.

Carter Bankshares, Inc. announced a significant surge in first quarter 2026 net income, largely due to the successful sale of a nonperforming loan portfolio.

Carter Bankshares, Inc. announced the sale of $209.48 million in nonperforming loans for $289.48 million in cash, significantly improving its asset quality metrics.

Carter Bankshares, Inc. announced its Board of Directors authorized a common share repurchase program of up to $10 million over twelve months, pending Federal Reserve non-objection.

Carter Bankshares, Inc. announced strong fourth quarter and full year 2025 financial results, despite the continued impact of a significant nonaccrual loan relationship.

Carter Bank, a subsidiary of Carter Bankshares, Inc., received approval to become a state member bank of the Federal Reserve System, aiming to streamline regulation and enhance operational efficiency.

Carter Bankshares reported a decrease in net income for Q3 2025, driven by a significant increase in provision for credit losses, despite growth in net interest income and loans.

Carter Bankshares, Inc. announced third quarter 2025 net income of $5.4 million, or $0.24 diluted EPS, reflecting continued loan growth and margin expansion despite ongoing impact from a large nonperforming credit relationship.

Carter Bankshares, Inc. CEO Litz H. Van Dyke informed employees of an upcoming abdominal surgery requiring a few weeks of recuperation.

Carter Bankshares, Inc. announced robust second-quarter 2025 financial results, driven by significant loan and deposit growth, improved net interest margin, and strategic branch expansion, despite ongoing challenges with a large nonperforming loan relationship.

Carter Bankshares, Inc. announced improved second quarter 2025 financial results, driven by net interest margin expansion and loan growth, despite the ongoing impact of a significant nonaccrual loan relationship.

Carter Bankshares, Inc. announced the successful re-election of all 11 directors, advisory approval of executive compensation, and ratification of Crowe LLP as independent auditors at its 2025 Annual Meeting of Shareholders.

Carter Bankshares, Inc. has successfully completed the acquisition of deposits from two First Reliance Bank branches in North Carolina, adding $55.9 million in deposits and expanding its market presence.

Carter Bankshares, Inc. has authorized a common share repurchase program to buy back up to $20 million of its common stock through May 14, 2026.

Carter Bankshares, Inc. announces positive financial results for Q1 2025, highlighting growth in loans and deposits, alongside a strong liquidity and capital position.

Carter Bankshares, Inc. announced a net income of $9.0 million, or $0.39 diluted earnings per share, for the first quarter of 2025, driven by loan and deposit growth.

E. Warren Matthews, a director of Carter Bankshares, Inc., will retire and not seek re-election at the company's 2025 Annual Meeting of Shareholders.

Carter Bankshares, Inc. announces an amendment to its agreement with First Reliance Bank to acquire two North Carolina branches, including their facilities, aiming to close the deal in the first half of 2025 pending regulatory approvals.

Carter Bankshares, Inc. announced its fourth quarter and year-end 2024 results, highlighting strong financial performance, strategic growth initiatives, and a focus on community engagement.

Carter Bankshares, Inc. announced a net income of $8.3 million for the fourth quarter of 2024, a significant improvement compared to the previous quarter and the same period last year, despite continued challenges with a large nonperforming loan relationship.

Carter Bankshares will acquire two North Carolina branches from First Reliance Bank, including approximately $56 million in deposits, for a 4.6% deposit premium.

Carter Bankshares, Inc. announced strong deposit growth and an improved liquidity position in its third quarter 2024 investor presentation.

Carter Bankshares, Inc. announced a net income of $5.6 million for the third quarter of 2024, an increase from both the previous quarter and the same period last year, while also resolving a significant lawsuit.