Carter Bank and Trust Overview
Industry: Banks Regional
Sector: Financial Services
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia. Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates Read MoreReported Results
What the company reported, with filing details kept small.
Quarterly result summary
Net income was $28.9M.
What changed
- Review the SEC source filing for the full reported results and management commentary.
Guidance / outlook
We expect these strategic actions to enhance future earnings through increased asset yields and a stronger balance sheet.
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
Other recent earnings materials
Prediction-grade evidence
Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Trump administration accuses hospitals of improper billing over gender care for minors
Headline from Reuters: Trump administration accuses hospitals of improper billing over gender care for minors.
US bars federal funding of gender-affirming care for low-income minors
Headline from Reuters: US bars federal funding of gender-affirming care for low-income minors.
Trump administration ends Medicaid, CHIP funding for gender-affirming care for children
Headline from CNBC: Trump administration ends Medicaid, CHIP funding for gender-affirming care for children.
Baby products company Frida is expanding into kids’ personal care
Headline from CNBC: Baby products company Frida is expanding into kids’ personal care.
Don’t Fear Long-Term-Care Expenses. Prepare for Them
Headline from Morningstar: Don’t Fear Long-Term-Care Expenses. Prepare for Them.
Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re
Headline from PR Newswire: Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re.
Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.