Carter Bankshares, Inc. has announced its financial results for the third quarter of 2026, indicating the company's performance during a challenging economic landscape.

Company Overview

Carter Bankshares, Inc. is a Virginia-based financial institution classified under the SIC code 6021, which pertains to National Commercial Banks. The company trades on the Nasdaq under the ticker symbol CARE. As an accelerated filer, it is subject to the reporting requirements of the Securities Exchange Act of 1934.

What the Filing Says

According to the recent filing dated October 29, 2026, the company reported its financial results for the three and nine months ended September 30, 2026. A press release detailing these results is attached as Exhibit 99.1. The filing notes, "On October 29, 2026, Carter Bankshares, Inc. announced by press release its financial results for the three and nine months ended September 30, 2026."

Impact

The financial results disclosed in the filing may impact various stakeholders, including investors, analysts, and competitors in the national commercial banking sector. The results could influence market perceptions of the bank's operational performance and financial health.

What's Next

The filing does not say what happens next.

Financial Highlights

The filing does not provide specific numerical details regarding the financial performance of Carter Bankshares, Inc. for the third quarter of 2026. However, it indicates that the results were announced in a press release, which is attached as Exhibit 99.1. This exhibit is expected to contain comprehensive financial data, including revenue, net income, and other key performance indicators.

Forward-Looking Statements

The filing includes a section on forward-looking statements, which outlines various risks and uncertainties that may affect the company's future performance. These include market interest rates, inflation, regulatory changes, and the impact of economic conditions on customer behavior and loan demand. The company highlights that actual results may differ significantly from those projected due to these factors.

Exhibits

In addition to the press release, the filing references Exhibit 99.1, which provides further details on the financial results. The filing does not include any additional exhibits or financial statements beyond what is stated in the press release.