Carter Bankshares Reports Q3 Net Income of $5.4 Million
Carter Bankshares Inc. reported a Q3 2025 net income of $5.4 million, or $0.24 per share, down from $8.5 million in the previous quarter. Net interest income rose to $33.7 million. Pre-tax pre-provision income increased to $10.4 million. As of September 30, 2025, the bank had $4.8 billion in assets, $727.9 million in securities available-for-sale, and $3.8 billion in portfolio loans.
Carter Bankshares Inc. reported third quarter 2025 net income of $5.4 million, or $0.24 diluted earnings per share, compared to $8.5 million, or $0.37 per share, in the previous quarter and $5.6 million, or $0.24 per share, in the third quarter of 2024. Net interest income was $33.7 million for the third quarter of 2025, up from $32.4 million in the prior quarter and $28.8 million in the same quarter of 2024. Pre-tax pre-provision income was $10.4 million, rising from $8.0 million in the second quarter of 2025 and $6.8 million in the third quarter of 2024. As of September 30, 2025, Carter Bankshares reported $4.8 billion in assets and operated 64 branches in Virginia and North Carolina. The company had $727.9 million in securities available-for-sale and $3.8 billion in portfolio loans at the end of the period. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carter Bankshares Inc. published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
