• Revenue and Earnings: Carter Bankshares reported a Q2 2025 revenue of $37.44 million and an EPS of $0.41, indicating a positive earnings surprise.
• Net Income and EPS Growth: The company's net income for Q2 2025 was $8.5 million, with a diluted EPS of $0.37, showcasing growth from the same quarter in the previous year.
• Stock Performance: As of the latest trading day, CARE's stock price stood at $17.93, with a year-to-date performance ranging between $13.61 and $20.40.

Carter Bankshares, Inc. (NASDAQ:CARE) is a financial holding company that operates through its subsidiary, Carter Bank. It is part of the Zacks Banks - Northeast industry. The company provides a range of banking services, including loans, deposits, and other financial products. As of July 28, 2025, Haskins James W., a director of CARE, sold 2,000 shares of the company's common stock at $17.84 each, retaining 61,900 shares.

In the second quarter of 2025, Carter Bankshares reported a revenue of $37.44 million, marking a 10.7% increase from the previous year. However, this figure fell short of the Zacks Consensus Estimate of $37.77 million, resulting in a slight negative surprise of 0.88%. Despite this, the company's earnings per share (EPS) of $0.41 exceeded expectations, with a positive surprise of 32.26% against the consensus estimate of $0.31.

The company's net income for the second quarter of 2025 was $8.5 million, translating to $0.37 in diluted EPS. This is a decrease from the first quarter of 2025, where the net income was $9 million, or $0.39 diluted EPS. However, it shows significant growth compared to the second quarter of 2024, when the net income was $4.8 million, or $0.21 diluted EPS.

The stock price of CARE is currently $17.93, reflecting a decrease of 0.94% or $0.17. During the trading day, the stock reached a low of $17.78 and a high of $18.12. Over the past year, CARE has seen a high of $20.40 and a low of $13.61. The company's market capitalization stands at approximately $415.2 million, with a trading volume of 109,157 shares on the NASDAQ exchange.