10-Q quarterly report · filed Aug 6, 2026

Carter Bankshares, Inc. (CARE) Q2 2026 10-Q Quarterly Report

Short answer

Carter Bankshares, Inc. (CARE) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $61M (up 6.5% year over year) with net income of $29M.

Q2 2026 key financials · XBRL

Revenue
$61M
+6.5% YoY · +3.9% QoQ
Net income
$29M
+239.7% YoY · −66.3% QoQ
EPS (diluted)
$1.30
+251.4% YoY · −66.5% QoQ

Source: XBRL data from the Carter Bankshares, Inc. (CARE) Q2 2026 10-Q on SEC EDGAR. USD.

Carter Bankshares, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Share repurchases 108,601 shares for $2.9 million, $26.50 weighted average cost
  • $20.0 million 2025 repurchase program fully utilized October 30, 2025
  • FHLB advances repaid during six months ended June 30, 2026

Risk Factors

  • No material changes in risk factors from the December 31, 2025 Form 10-K
  • Carried-forward regulatory risk, including Federal Reserve requirements governing capital actions
  • Share-repurchase liquidity risk, with $7.1 million remaining under the $10.0 million program
  • Market-price risk, with 108,601 shares repurchased at a weighted average $26.50 per share

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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