---
schema_version: "secwatch.filing_event.v1"
accession: "0001829576-26-000007"
form_type: "8-K"
ticker: "CARE"
cik: "0001829576"
company_name: "Carter Bankshares, Inc."
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:32:17.260136+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carter Bankshares Q4 net income $8.5M, EPS $0.38; NPLs improve to $244M

## Summary
- Q4 net income $8.5M ($0.38 EPS) vs $5.4M in Q3 and $8.3M in Q4 2024.
- Full-year 2025 net income $31.4M ($1.38 EPS) vs $24.5M ($1.06) in 2024, up 28%.
- Net interest margin improved to 2.92% in Q4 from 2.86% in Q3 and 2.57% in Q4 2024.
- Nonperforming loans fell to $244M (6.29% of portfolio) vs $258.7M at Q3; Justice Entities curtailment payments of $14.5M in Q4.
- Total portfolio loans grew $43.9M (4.5% annualized) to $3.9B; deposits stable at $4.2B.

## SEC filing metadata
- accession: 0001829576-26-000007
- form_type: 8-K
- ticker: CARE
- cik: 0001829576
- company_name: Carter Bankshares, Inc.
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829576/000182957626000007/0001829576-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829576/000182957626000007/care-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829576-26-000007
- JSON: https://secwatch.observer/filing/0001829576-26-000007.json
- Plain text: https://secwatch.observer/filing/0001829576-26-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.