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Carter Bankshares, Inc.

Carter Bankshares, Inc.CAREEarnings & Financial Report

Nasdaq
NextMar 31, 2026

CARE Q3 2025 Key Financial Metrics

Revenue

$33.7M

Gross Profit

N/A

Operating Profit

$7.2M

Net Profit

$5.4M

Gross Margin

N/A

Operating Margin

21.2%

Net Margin

16.1%

YoY Growth

17.1%

EPS

$0.24

Financial Flow

Carter Bankshares, Inc. Q3 2025 Financial Summary

Carter Bankshares, Inc. reported revenue of $33.7M for Q3 2025, with a net profit of $5.4M (16.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$33.7M
Net Profit$5.4M
Gross MarginN/A
Operating Margin21.2%
Report PeriodQ3 2025

Carter Bankshares, Inc. Annual Revenue by Year

Carter Bankshares, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $114.5M).

YearAnnual Revenue
2024$114.5M
2023$122.3M
2022$139.9M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$27.4M$28.4M$28.1M$28.8M$29.1M$30.1M$32.4M$33.7M
YoY Growth-34.0%-30.3%5.2%5.1%6.3%6.0%15.2%17.1%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$4.51B$4.55B$4.53B$4.61B$4.66B$4.70B$4.78B$4.84B
Liabilities$4.16B$4.20B$4.17B$4.23B$4.27B$4.30B$4.38B$4.43B
Equity$351.2M$359.1M$364.4M$386.8M$384.3M$401.8M$405.6M$412.8M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$7.9M$17.6M$-2.5M$10.3M$11.5M$6.4M$9.6M$11.8M