Carter Bankshares Reports Q3 Net Income of $5.4 Million on $33.7 Million Net Interest Income
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Carter Bankshares Inc. reported a Q3 2025 net income of $5.4 million, down from $8.5 million in Q2 2025 and $5.6 million in Q3 2024. Net interest income rose to $33.7 million from $32.4 million in the previous quarter. For the nine months ending September 30, 2025, net income was $22.9 million, up from $16.2 million in 2024. The results were impacted by loans associated with James C. Justice, II, totaling $228.6 million, which negatively affected interest income by $6.5 million in Q3 2025.
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