CARE Carter Bankshares, Inc.
Carter Bankshares Beat Consensus Estimates
Carter Bankshares (CARE) reported earnings of $0.53 per share on revenue of $90.22 million for the second quarter ended June 2026. The consensus earnings estimate was $0.41 per share on revenue of $66.73 million. The company beat consensus estimates by 29.27% while revenue grew 44.00% on a year-over-year basis.
Carter Bankshares Inc. is a bank holding company and the parent company of Carter Bank & Trust. It offer checking, savings, retirement, money market accounts, longer-term certificates of deposit as well as loans. Carter Bankshares Inc., formerly known as Carter Bank & Trust, is headquartered in Martinsville, Virginia.
Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.