When did Carter Bankshares, Inc. report Q4 2024 earnings?

Carter Bankshares, Inc. (CARE) reported Q4 2024 earnings on January 23, 2025 before market open.

What were Carter Bankshares, Inc.'s Q4 2024 revenue and EPS?

Carter Bankshares, Inc. reported revenue of $33.5M and eps of $0.37 for Q4 2024.

Did Carter Bankshares, Inc. beat estimates in Q4 2024?

Revenue missed the consensus estimate of $35.6M by $2.1M. EPS beat the consensus estimate of $0.21 by $0.16.

Where can I find Carter Bankshares, Inc.'s Q4 2024 SEC filings?

You can read the 10-K periodic report (0001829576-25-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.

Carter Bankshares, Inc. CARE Q4 2024 Annual earnings

Reported January 23, 2025 · Before market open

Revenue$33.5MMiss by $2.1M

EPS$0.37Beat by $0.16

Revenue estimate$35.6M

EPS estimate$0.21

Next report

Oct 22, 2026 (in 3 months)

Revenue estimate$47.2M

EPS estimate$0.53

Financials

Q4 2024

Income statement

See full

Revenue$34.5M+12.6%

Net income$8.3M—

EPS (diluted)$0.36—

Balance sheet

See full

Total debt$10.4M+34.6%

Total equity$384.3M+9.4%

Total assets$4.7B+3.2%

Cash flow

See full

Operating cash flow$11.5M+45.4%

CapEx$3.1M+72.5%

Free cash flow$8.3M+37.3%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$405.84M+18.1%

Enterprise value$416.24M+18.5%

P/E16.5×+3.0×

P/S3×+0.5×

Profitability

See full

Net margin18.1%+0.1pp

Returns & leverage

See full

Return on equity6.7%-0.8pp

Debt / equity0×0.0×

Segments

By product

See full

Service Charges on Deposit Accounts$1.5M+5.8%

Annual Commission on Investment$869.0K+91.6%

Other Fees and Other Income$495.8K+5.2%

Customer Commissions$41.5K+26.7%

Special Production Payout$10.8K—

Versus estimates

Revenue

Q2 2026$68.7MBeat by $12.8M Q1 2026$106.9MMiss by $13.6M Q4 2025$39.8MMiss by $829.0K Q3 2025$38.1MMiss by $2.6M Q2 2025$39.9MBeat by $1.3M Q1 2025$36.0MMiss by $3.1M

Diluted EPS

Q2 2026$1.31Miss by $0.13 Q1 2026$0.40Miss by $3.51 Q4 2025$0.41Beat by $0.08 Q3 2025$0.26Miss by $0.13 Q2 2025$0.41Beat by $0.10 Q1 2025$0.32Beat by $0.02

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Questions, answered.

When did Carter Bankshares, Inc. report Q4 2024 earnings?: Carter Bankshares, Inc. (CARE) reported Q4 2024 earnings on January 23, 2025 before market open.
What were Carter Bankshares, Inc.'s Q4 2024 revenue and EPS?: Carter Bankshares, Inc. reported revenue of $33.5M and eps of $0.37 for Q4 2024.
Did Carter Bankshares, Inc. beat estimates in Q4 2024?: Revenue missed the consensus estimate of $35.6M by $2.1M. EPS beat the consensus estimate of $0.21 by $0.16.
Where can I find Carter Bankshares, Inc.'s Q4 2024 SEC filings?: You can read the 10-K periodic report (0001829576-25-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.