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

Bitget2026/11/04 16:48

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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.
Provision for credit losses increased from the previous quarter to $10.5 million.
Noninterest income dropped 83% from the previous quarter to $4.98 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carter Bankshares Inc. published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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