MARTINSVILLE, VA / ACCESS Newswire / August 11, 2026 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE) today announced the establishment of its Dividend Reinvestment and Stock Purchase Plan (the "Plan"). The Company will offer up to 1,000,000 shares of common stock to existing shareholders of the Company for purchase under the Plan. The Plan provides enrolled participants with the opportunity to purchase additional shares of common stock through the reinvestment of dividends and through additional cash purchases. About Carter Bankshares, Inc.Headquartered in Martinsville, VA, Carter Bankshares, Inc. (NASDAQ:CARE) provides a full range of commercial banking, consumer banking, mortgage and other services through its subsidiary Carter Bank. Contact:Brooks TaylorVP, Corporate Communications OfficerBrooks.Taylor@carterbank.com276-806-5445SOURCE: Carter Bankshares, Inc.View the original press release on ACCESS Newswire:https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/carter-bankshares-inc.-establishes-dividend-reinvestment-and-stock-p-1206277