Carter Bankshares Q3 2026 net income drops 73% quarter-on-quarter to $7.76 million

CARE•2026-11-04

Carter Bankshares’ third-quarter 2026 net income fell 73% from the previous quarter to $7.76 million, while net interest income rose 22% year over year to $41.23 million.

1. Quarterly results

Carter Bankshares’ third-quarter 2026 net income fell 73% from the previous quarter to $7.76 million. Net interest income rose 22% year over year to $41.23 million, while the provision for credit losses increased from the previous quarter to $10.5 million and noninterest income dropped 83% to $4.98 million.

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Sources

Carter Bankshares Q3 2026 net income drops 73% quarter-on-quarter to $7.76 million

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