CARE News and Press, Carter Bankshares Inc. From 01/14/21

Carter Bank ([[CARE]] +1.0%) entered into an agreement with Pendleton Community Bank regarding the sale of three Carter Bank branches in Staunton, Harrisonburg, and Bridgewater to Pendleton Community Bank.Under the pact, the three branches will expand Pendleton C...

Pendleton Community Bank will acquire three Carter Bank & Trust branches in 2021. MARTINSVILLE, VA & FRANKLIN, WV / ACCESSWIRE / January 14, 2021 / Carter Bankshares (NASDAQ:CARE) and Pendleton Community Bank announced today that they have entered into an agreement regarding the...

MARTINSVILLE, VA / ACCESSWIRE / November 23, 2020 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE) and Carter Bank & Trust (the "Bank") announced that, effective as of November 20, 2020, the Company and the Bank consummated the statutory merger pursuant to which the Company has be...

Carter Bank & Trust  (CARE): Q3 EPS of -$2.19 may not be comparable to consensus of $0.07.Revenue of $33.41M (+3.7% Y/Y) beats by $2.25M.Press Release For further details see: Carter Bank & Trust  EPS of -$2.19

MARTINSVILLE, VA / ACCESSWIRE / October 29, 2020 / Carter Bank & Trust (the "Bank") (NASDAQ:CARE) today announced a net loss of $57.7 million, or $2.19 per share, for the third quarter of 2020 due to a one-time goodwill impairment charge of $62.2 million ($2.36 per share) that was record...

MARTINSVILLE, VA / ACCESSWIRE / July 31, 2020 / Carter Bank & Trust (the "Bank") (NASDAQ:CARE) announced today that beginning July 28, 2020, certain directors and executive officers (each a "Participant" and, collectively, the "Participants") of Carter Bank & Trust (the "Bank") have ...

Carter Bank & Trust  (NASDAQ: CARE ) : Q2 GAAP EPS of $0.17 beats by $0.08 . More news on: Carter Bank & Trust, Earnings news and commentary, Financial stocks news, , Read more ...

MARTINSVILLE, VA / ACCESSWIRE / July 23, 2020 / Carter Bank & Trust (the "Bank") (NASDAQ:CARE) is pleased to announce its intent to form a bank holding company, subject to regulatory approval. If approved, the Bank would become a subsidiary of the newly-formed bank holding company. Curre...

MARTINSVILLE, VA / ACCESSWIRE / July 23, 2020 / Carter Bank & Trust (the "Bank") (NASDAQ:CARE) today announced net income of $4.5 million, or $0.17 diluted earnings per share, for the second quarter of 2020, as compared to net income of $4.4 million, or $0.17 diluted earnings per share, ...

The Virginia-based Financial Institution Seeks to Fill a Critical Need in Response to COVID-19 MARTINSVILLE, VA / ACCESSWIRE / May 21, 2020 / In alignment with its tradition of care, Carter Bank & Trust is donating $72,000 to food banks in communities throughout Virginia and North...