CARENasdaqNational Commercial BanksFiscal year ends December 31

Carter Bankshares, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$29.75−0.46 (-1.52%)

Close on Oct 19, 2026

Market cap: $649.70M
P/E (TTM): 5.1
Dividend yield: –

Carter Bankshares, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Revenue	20	19	17	18	17	18	13
Advertising Expenses	3.17	2.54	1.69	1.43	0.95	1.63	1.45
Interest Expense	–	–	74	20	23	36	47
Asset Impairment Charges	–	–	–	0	0	62	0
Pretax Income	40	31	29	62	36	-45	28
Income Tax Expense	8.64	6.35	5.34	12	4.11	0.77	1.21
Net Income	31	25	23	50	32	-46	27
Net Income to Common	31	24	23	50	31	-46	27
EPS (Basic)(per share)	1.38	1.06	1.00	2.03	1.19	-1.74	1.01
EPS (Diluted)(per share)	1.38	1.06	1.00	2.03	1.19	-1.74	1.01
Shares Outstanding (Basic, Weighted)(shares)	22	23	23	25	26	26	26
Shares Outstanding (Diluted, Weighted)(shares)	22	23	23	25	26	26	26
Dividend per Share(per share)	–	–	–	–	–	0.14	–
Total Interest Income	232	222	196	160	134	141	159
Net Interest Income	131	114	122	140	111	105	112
Non-Interest Income	22	21	18	22	29	27	17
Provision for Credit Losses	-3.83	-5.05	6.40	2.93	2.08	18	3.40
Non-Interest Expense	117	110	105	97	102	159	98

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 50.5%
Return on equity, FY2025: 7.8%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 5.1
Price to sales: 2.55
Price to book: 1.21
Dividend yield: –