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Carter Bankshares Q2 2023 Earnings Report

Carter Bankshares logo
$17.76 +0.16 (+0.91%)
(As of 12/24/2024 01:47 PM ET)

Carter Bankshares EPS Results

Actual EPS
$0.24
Consensus EPS
$0.62
Beat/Miss
Missed by -$0.38
One Year Ago EPS
N/A

Carter Bankshares Revenue Results

Actual Revenue
$31.74 million
Expected Revenue
$44.96 million
Beat/Miss
Missed by -$13.22 million
YoY Revenue Growth
N/A

Carter Bankshares Announcement Details

Quarter
Q2 2023
Time
N/A
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Carter Bankshares Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Carter Parent out with Q3 Figures
See More Carter Bankshares Headlines
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About Carter Bankshares

Carter Bankshares (NASDAQ:CARE) operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

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