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Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2026, Carter Bankshares, Inc. (CARE - Free Report) reported revenue of $46.62 million, up 18.8% over the same period last year. EPS came in at $0.35, compared to $0.26 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $47.08 million, representing a surprise of -0.98%. The company delivered an EPS surprise of -35.19%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Carter Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 63.8% compared to the 65.2% average estimate based on two analysts.
Net Interest Margin: 3.6% compared to the 3.4% average estimate based on two analysts.
Total Noninterest Income: $4.98 million compared to the $5.57 million average estimate based on two analysts.
Shares of Carter Bankshares have returned +1.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Carter Bankshares (CARE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2026, Carter Bankshares, Inc. (CARE - Free Report) reported revenue of $46.62 million, up 18.8% over the same period last year. EPS came in at $0.35, compared to $0.26 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $47.08 million, representing a surprise of -0.98%. The company delivered an EPS surprise of -35.19%, with the consensus EPS estimate being $0.54.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Carter Bankshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Carter Bankshares here>>>
Shares of Carter Bankshares have returned +1.1% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.