secwatch.observer — SEC 8-K summary
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Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001829576-26-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000007/0001829576-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000007/care-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001829576-26-000007

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