Carter Bank & Trust Stock News

Through the purchase, the bank will enter the Winston-Salem market for the first time, while expanding operations near Charlotte. MARTINSVILLE, VA / ACCESS Newswire / May 27, 2025 / Carter Bankshares, Inc. (Nasdaq:CARE), the holding company for Carter Bank (the "Bank"), announced today the completion of the previously announced Purchase and Assumption for the deposits associated with two branch...

MARTINSVILLE, VA / ACCESS Newswire / April 24, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $9.0 million, or $0.39 diluted earnings per share ("EPS"), for the first quarter of 2025 compared to net income of $8.3 million, or $0.36 diluted EPS, for the fourth quarter of 2024 and net income of ...

MARTINSVILLE, Va.--(BUSINESS WIRE)--It is with profound sadness that Carter Bank (Nasdaq: CARE), announces the unexpected passing of Executive Vice President of Mortgage Banking and Corporate Sales Director, Richard Owen on January 25, 2025. A Roanoke native with a track record of success in financial services, Owen oversaw the day-to-day operations of both the bank's mortgage and corporate sal...

MARTINSVILLE, VA / ACCESS Newswire / January 23, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $8.3 million, or $0.36 diluted earnings per share ("EPS"), for the fourth quarter of 2024 compared to net income of $5.6 million, or $0.24 diluted EPS, for the third quarter of 2024 and a net loss o...

MARTINSVILLE, VA and FLORENCE, SC / ACCESSWIRE / December 10, 2024 / Carter Bankshares, Inc. (NASDAQ:CARE) and First Reliance Bancshares, Inc. (OTC PINK:FSRL), announced today that their wholly owned subsidiaries, Carter Bank and First Reliance Bank, entered into a definitive Purchase and Assumption Agreement (the "Agreement") under which Carter Bank will acquire deposits associated with First ...

Investors bid up bank stocks following President-elect Donald Trump's victory in the 2024 presidential election. The median total return in November for the 211 banks in a S&P Global Market Intelligence analysis was 13.4%, surpassing the S&P 500's 5.9% return.