Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results [Yahoo! Finance]
Carter Bankshares, Inc. (CARE)
NASDAQ:AMEX Investor Relations:
carterbankandtrust.com
Company Research
Source: Yahoo! Finance
Bank & Trust (the "Bank") today announced quarterly net income of $4.8 million, or $0.21 diluted earnings per share ("EPS"), for the second quarter of 2024 compared to net income of $5.8 million, or $0.25 diluted EPS, in the first quarter of 2024 and net income of $5.7 million, or $0.24 diluted EPS, for the second quarter of 2023. The pre-tax pre-provision income was $6.2 million for the second quarter of 2024, $7.2 million for the first quarter of 2024 and $6.2 million for the second quarter of 2023. For the six months ended June 30, 2024, net income was $10.6 million, or $0.46 diluted EPS, compared to net income of $21.6 million, or $0.91 diluted EPS for the same period in 2023. Pre-tax pre-provision income was $13.4 million and $28.1 million for the six months ended June 30, 2024 and 2023, respectively. During the second quarter of 2024 the federal court lawsuit filed against the Company and the Bank by West Virginia Governor James C. Justice II, his wife Cathy L. Justice, his
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News
- While institutions own 43% of Carter Bankshares, Inc. (NASDAQ:CARE), retail investors are its largest shareholders with 53% ownership [Yahoo! Finance]Yahoo! Finance
- Carter Bankshares, Inc. (NASDAQ: CARE) had its price target raised by analysts at Raymond James from $20.00 to $21.00. They now have an "outperform" rating on the stock.MarketBeat
- Is the Options Market Predicting a Spike in Carter Bankshares (CARE) Stock? [Yahoo! Finance]Yahoo! Finance
- Carter Bankshares, Inc. Announces Second Quarter 2024 Financial ResultsAccesswire
CARE
Earnings
- 7/25/24 - Beat
CARE
Sec Filings
- 8/28/24 - Form 8-K
- 8/1/24 - Form 10-Q
- 7/29/24 - Form 8-K
- CARE's page on the SEC website