Carter Bankshares Files 8-K on Financials
Ticker: CARE · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1829576
| Field | Detail |
|---|---|
| Company | Carter Bankshares, Inc. (CARE) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, sec-filing
TL;DR
Carter Bankshares dropped an 8-K on financials, check it for the latest numbers.
AI Summary
Carter Bankshares, Inc. filed an 8-K on October 24, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's performance. No specific financial figures or significant events were detailed in the provided text excerpt.
Why It Matters
This filing provides an update on Carter Bankshares' financial performance and condition, which is crucial for investors to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — The provided text is a standard SEC filing notification and does not contain specific financial details or events that would indicate a high-risk situation.
Key Players & Entities
- Carter Bankshares, Inc. (company) — Registrant
- Virginia (location) — State of incorporation
- October 24, 2024 (date) — Date of report
FAQ
What is the primary purpose of this 8-K filing for Carter Bankshares, Inc.?
The primary purpose of this 8-K filing is to report on Carter Bankshares, Inc.'s results of operations and financial condition, and it includes financial statements and exhibits.
On what date was this 8-K filing reported?
The 8-K filing was reported on October 24, 2024.
In which state is Carter Bankshares, Inc. incorporated?
Carter Bankshares, Inc. is incorporated in Virginia.
What is the principal executive office address for Carter Bankshares, Inc.?
The principal executive office address for Carter Bankshares, Inc. is 1300 Kings Mountain Road, Martinsville, Virginia 24112.
What is the IRS Employer Identification Number for Carter Bankshares, Inc.?
The IRS Employer Identification Number for Carter Bankshares, Inc. is 85-3365661.
Filing Stats: 1,545 words · 6 min read · ~5 pages · Grade level 18.3 · Accepted 2024-10-24 08:30:22
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value CARE NASDAQ Global Select Mar
Filing Documents
- care-20241024.htm (8-K) — 42KB
- care-3q24_ex991xer.htm (EX-99.1) — 740KB
- 0001829576-24-000062.txt ( ) — 956KB
- care-20241024.xsd (EX-101.SCH) — 2KB
- care-20241024_lab.xml (EX-101.LAB) — 23KB
- care-20241024_pre.xml (EX-101.PRE) — 13KB
- care-20241024_htm.xml (XML) — 3KB
02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On October 24, 2024, Carter Bankshares, Inc. announced by press release its financial results for the three and nine months ended September 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1 . The information contained in this Report on Form 8-K is furnished pursuant to Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Exhibit 99.1 Press Release announcing Third Quarter 2024 Financial Results. Important Note Regarding Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements made in Mr. Van Dyke's quotes and may include statements relating to our financial condition, market conditions, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality and nonaccrual and nonperforming loans. Forward looking statements are typically identified by words or phrases such as "will likely result," "expect," "anticipate," "estimate," "forecast," "project," "intend," " believe," "assume," "strategy," "trend," "plan," "outlook," "outcome," "continue," "remain," "potential," "opportunity," "comfortable," "current," "position," "maintain," "sustain," "seek," "achieve" and variations of such words and similar expressions, or future or conditional verbs such as will, would, should, could or may. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumption that are difficult to predict and often are beyond the Company's control. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements including, but not limited to the effects of: market interest rates and the impacts of market int
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARTER BANKSHARES, INC. (Registrant) Date: October 24, 2024 By: /s/ Wendy S. Bell Name: Wendy S. Bell Title: Chief Financial Officer