Carter Bankshares (CARE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

By Zacks Equity Research | April 24, 2025, 10:00 AM

For the quarter ended March 2025, Carter Bankshares, Inc. (CARE) reported revenue of $37.22 million, up 11.2% over the same period last year. EPS came in at $0.32, compared to $0.24 in the year-ago quarter.

The reported revenue represents a surprise of +6.92% over the Zacks Consensus Estimate of $34.81 million. With the consensus EPS estimate being $0.30, the EPS surprise was +6.67%.

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: 75.7% versus 80.2% estimated by two analysts on average.
  • Net Interest Margin: 2.7% compared to the 2.6% average estimate based on two analysts.
  • Total Noninterest Income: $6.90 million versus $5.37 million estimated by two analysts on average.
View all Key Company Metrics for Carter Bankshares here>>>

Shares of Carter Bankshares have returned -8% over the past month versus the Zacks S&P 500 composite's -5.1% 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.

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This article originally published on Zacks Investment Research (zacks.com).

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