Carter Bankshares(CARE) - 2025 Q2 - Quarterly Results

Exhibit 99.1 FOR IMMEDIATE RELEASE – July 24, 2025 Carter Bankshares, Inc. Announces Second Quarter 2025 Financial Results Martinsville, VA, July 24, 2025 – Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $8.5 million, or $0.37 diluted earnings per share ("EPS"), for the second quarter of 2025 compared to net income of $9.0 million, or $0.39 diluted EPS, for the first quarter of 2025 and net income of $4.8 million ...