Carter Bankshares, Inc. Q2 2026 Earnings

As seen on the 24/7 Wall St. homepage on July 23, 2026.

CARE Carter Bankshares, Inc.
Q2 2026
EPS
$0.53
est $0.43 +24.2%
Revenue
$69M
est $56M +22.9%

Carter Bankshares crushed Q2 earnings by 24% as a portfolio overhaul and wholesale borrowing elimination sent net interest margins soaring 58 basis points. The Virginia bank swapped lower-yielding securities for higher-quality assets yielding 5.27%, driving net interest income up 23.5% year over year.

Mentioned: CARE