Carter Bankshares, Inc. Announces Third Quarter 2026 Financial Results
Carter Bankshares, Inc. (CARE) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 FOR IMMEDIATE RELEASE – October 29, 2026 Carter Bankshares, Inc. Announces Third Quarter 2026 Financial Results Martinsville, VA, October 29, 2026 – Carter Bankshares, Inc. (the “Company”) (NASDAQ:CARE), the holding company of Carter Bank (the “Bank”) today announced
How this was made
The 30-second read
Why it matters
The release provides fresh earnings data and a new capital‑return mechanism, offering traders fresh information to assess valuation.
Market read
Primary earnings disclosure for a U.S. listed regional bank; relevant for investors in financial sector.
What to watch
Impact of recent loan sale and insurance transaction gains may mask underlying credit quality concerns.
Background
Carter Bankshares filed a Form 8‑K reporting its Q3 2026 financial results and launch of a dividend reinvestment and stock purchase plan.
Ticker impact
Q3 2026 earnings released with net income $7.8M, EPS $0.35 and new dividend reinvestment plan.
potential modest upside as market prices in earnings beat and new capital plan
First report of quarterly results with better-than-previous quarter metrics and a shareholder-friendly program.
Market effects
May signal strength in regional banking sector and could influence peer valuations.
Limited to U.S. regional banks; no broad market effect.
Low
Counterpoint
Earnings growth may be unsustainable given higher loan payoffs and modest net interest margin expansion.
Key entities
- companyCarter Bankshares, Inc.
Regional bank reporting Q3 results and DRIP launch.


