Carter Bankshares (CARE) Expected to Announce Earnings on Thursday

Carter Bankshares (NASDAQ:CARE) is anticipated to announce its Q4 2025 results before the market opens on Thursday, January 22nd. Analysts expect the company to announce earnings of $0.33 per share and revenue of $40.6580 million for the quarter. Investors can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Friday, January 30, 2026 at 12:00 AM ET.

Carter Bankshares (NASDAQ:CARE) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.13). Carter Bankshares had a net margin of 12.37% and a return on equity of 7.65%. The business had revenue of $39.09 million during the quarter, compared to the consensus estimate of $39.20 million. On average, analysts expect Carter Bankshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Carter Bankshares Trading Down 1.5%

Shares of CARE stock opened at $20.08 on Wednesday. Carter Bankshares has a 1 year low of $13.60 and a 1 year high of $20.66. The firm’s fifty day simple moving average is $19.22 and its 200 day simple moving average is $18.80. The firm has a market capitalization of $443.57 million, a P/E ratio of 14.76 and a beta of 0.59. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded Carter Bankshares from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 28th. Wall Street Zen lowered Carter Bankshares from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reissued a “hold (c+)” rating on shares of Carter Bankshares in a report on Monday, December 29th. Freedom Capital upgraded shares of Carter Bankshares to a “strong-buy” rating in a research note on Thursday, December 25th. Finally, Raymond James Financial set a $22.00 price objective on shares of Carter Bankshares and gave the stock an “outperform” rating in a report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Insider Buying and Selling

In other news, Director Robert M. Bolton sold 1,901 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $17.23, for a total value of $32,754.23. Following the transaction, the director owned 10,827 shares of the company’s stock, valued at approximately $186,549.21. This represents a 14.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Carter Bankshares

A number of institutional investors have recently modified their holdings of the business. Curi Capital LLC grew its holdings in shares of Carter Bankshares by 388.0% during the second quarter. Curi Capital LLC now owns 93,295 shares of the company’s stock worth $1,618,000 after purchasing an additional 74,178 shares during the last quarter. Mendon Capital Advisors Corp increased its holdings in Carter Bankshares by 106.0% in the second quarter. Mendon Capital Advisors Corp now owns 142,392 shares of the company’s stock valued at $2,469,000 after purchasing an additional 73,275 shares during the period. First Trust Advisors LP raised its position in shares of Carter Bankshares by 457.6% during the third quarter. First Trust Advisors LP now owns 82,410 shares of the company’s stock worth $1,600,000 after acquiring an additional 67,630 shares during the last quarter. Kennedy Capital Management LLC lifted its stake in shares of Carter Bankshares by 12.9% in the third quarter. Kennedy Capital Management LLC now owns 441,076 shares of the company’s stock worth $8,561,000 after acquiring an additional 50,519 shares during the period. Finally, Group One Trading LLC boosted its stake in shares of Carter Bankshares by 403.4% in the 2nd quarter. Group One Trading LLC now owns 52,661 shares of the company’s stock valued at $913,000 after purchasing an additional 42,200 shares during the last quarter. Institutional investors and hedge funds own 41.48% of the company’s stock.

About Carter Bankshares

Carter Bankshares, Inc is a bank holding company headquartered in Suffolk, Virginia, operating primarily through its subsidiary, Carter Bank & Trust. The company offers a full range of commercial and retail banking services, serving individuals, small and mid-sized businesses, and nonprofit organizations. Its financial products are designed to meet the needs of local customers across southeastern Virginia and northeastern North Carolina.

Carter Bank & Trust provides deposit accounts, including checking, savings and money market products, as well as certificates of deposit.