Carter Bankshares EPS Jumps 76% in Q2

Carter Bankshares (NASDAQ:CARE), a regional bank focused on commercial and consumer lending across Virginia and the Carolinas, released its earnings for Q2 2025 on July 24, 2025. The most notable news was a strong beat on reported earnings per share (GAAP), which landed at $0.37 in Q2 2025 -- outpacing the consensus forecast of $0.34 (GAAP). The quarter showed improved net interest margin and credit metrics, though revenue headwinds and efficiency challenges remain. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. The company operates as a regional bank serving communities in Virginia and North Carolina. Its core business centers on providing commercial real estate loans, residential mortgages, and deposit products through a branch network. The bank has focused on differentiating itself through brand enhancement and personalized relationships, hoping to stand out from larger rivals and non-bank lenders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool