CARE
Carter Bankshares, Inc.
Price Chart
Latest Quote
$30.96
+0.06 (+0.19%)
Current Price
| Previous Close | $30.90 |
| Open | $31.40 |
| Day High | $31.40 |
| Day Low | $30.54 |
| Volume | 984,471 |
Stock Information
| Quarterly Dividend / Yield | $0.40 / 1.33% |
| Shares Outstanding | 22.22M |
| Quarterly Dividend Yield | 1.33% |
| Quarterly Dividend | $0.40 |
| Total Debt | $10.14M |
| Cash Equivalents | $238.55M |
| Revenue | $258.92M |
| Net Income | $106.83M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $687.99M |
| P/E Ratio | 6.36 |
| EPS (TTM) | $4.87 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $438.25M |
| Sales | $258.92M |
| Income | $106.83M |
| Book/sh | $22.78 |
| Cash/sh | $10.73 |
| Employees | 687 |
Financial Ratios
| EPS Growth TTM | 857.90% |
Returns & Margins
| ROA | 2.28% |
| ROE | 23.86% |
| Operating Margin | 79.08% |
| Profit Margin | 41.78% |
Ownership
| Insider Ownership | 2.25% |
| Institutional Ownership | 59.13% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 12.06 |
| P/S | 2.66 |
| P/B | 1.36 |
Analyst Data
| Recommendation | none |
| Target Price | $28.50 |
Technical Indicators
| SMA20 | $28.50 |
| SMA50 | $26.56 |
| SMA200 | $21.47 |
| RSI | 77.81 |
| ATR | 0.8800 |
| Shares Float | 19.84M |
| Short Float | 5.42% |
| Short Ratio | 3.87 |
| Volatility | 0.55 |
| Rel Volume | 3.00 |
Performance History
| Week | +4.74% |
| Month | +16.83% |
| Quarter | +56.56% |
| 6 Months | +54.46% |
| YTD | +59.95% |
| Year | +90.20% |
| 3 Years | +95.46% |
| 5 Years | +117.79% |
| 10 Years | +148.43% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $30.96 | 1,046,900 |
| 2026-06-17 | $30.90 | 565,700 |
| 2026-06-16 | $30.00 | 338,200 |
| 2026-06-15 | $29.58 | 350,300 |
| 2026-06-12 | $29.88 | 447,400 |
| 2026-06-11 | $29.56 | 339,300 |
| 2026-06-10 | $29.12 | 199,400 |
| 2026-06-09 | $28.72 | 272,000 |
| 2026-06-08 | $28.68 | 225,700 |
| 2026-06-05 | $28.54 | 239,900 |
| 2026-06-04 | $28.40 | 298,800 |
| 2026-06-03 | $27.33 | 459,200 |
| 2026-06-02 | $28.33 | 391,300 |
| 2026-06-01 | $27.14 | 250,500 |
| 2026-05-29 | $27.30 | 326,400 |
| 2026-05-28 | $26.97 | 216,300 |
| 2026-05-27 | $26.84 | 217,200 |
| 2026-05-26 | $27.35 | 254,700 |
| 2026-05-22 | $27.44 | 266,500 |
| 2026-05-21 | $26.95 | 265,100 |
| 2026-05-20 | $26.69 | 190,900 |
| 2026-05-19 | $26.50 | 321,500 |
About Carter Bankshares, Inc.
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans, such as secured and unsecured, real estate construction and acquisition, and commercial and industrial loans; consumer loans, such as automobiles, home improvements, education, overdraft protection, and personal, and residential mortgages loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it offers other banking services that include safe deposit boxes, direct deposit of payroll, social security checks, and debit cards; online banking products, including online and mobile banking, online account opening, bill payment, electronic statement, mobile deposit, Zelle, credit monitoring tools, digital wallet, MoneyPass, 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.
đ° Latest News
Should Value Investors Buy Carter Bankshares (CARE) Stock?
Zacks âĸ 2026-06-04T13:40:02Z
Are Investors Undervaluing Carter Bankshares (CARE) Right Now?
Zacks âĸ 2026-05-18T13:40:04Z
What Makes Carter Bankshares, Inc. (CARE) a Strong Momentum Stock: Buy Now?
Zacks âĸ 2026-05-04T16:00:04Z
3 Undiscovered Gems In The US Market With Strong Potential
Simply Wall St. âĸ 2026-04-30T11:32:55Z
Carter Bankshares, Inc. (CARE) Lags Q1 Earnings and Revenue Estimates
Zacks âĸ 2026-04-23T13:20:02Z
Carter Bankshares, Inc. (CARE) Earnings Expected to Grow: What to Know Ahead of Q1 Release
Zacks âĸ 2026-04-16T14:00:15Z
Unity Bancorp (UNTY) Surpasses Q1 Earnings and Revenue Estimates
Zacks âĸ 2026-04-14T11:15:02Z
US Market's Hidden Gems: 3 Undiscovered Stocks
Simply Wall St. âĸ 2026-03-27T17:33:42Z
Implied Volatility Surging for Carter Bankshares Stock Options
Zacks âĸ 2026-02-18T15:10:00Z
Undiscovered Gems in the US Market for February 2026
Simply Wall St. âĸ 2026-02-02T11:33:07Z
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $149,032,000 | $132,402,000 | $137,713,000 | $158,896,000 |
| Operating Revenue | $149,032,000 | $132,402,000 | $137,713,000 | $158,896,000 |
| Expenses | ||||
| Interest Expense | $101,402,000 | $107,272,000 | $74,110,000 | $20,254,000 |
| Selling And Marketing Expense | $3,171,000 | $2,540,000 | $1,693,000 | $1,434,000 |
| General And Administrative Expense | $63,586,000 | $64,108,000 | $60,760,000 | $54,414,000 |
| Professional Expense And Contract Services Expense | $6,877,000 | $5,675,000 | $6,210,000 | $5,818,000 |
| Other Non Interest Expense | $21,608,000 | $18,648,000 | $19,900,000 | $19,058,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Interest Income | $130,204,000 | $113,445,000 | $120,854,000 | $139,774,000 |
| Interest Income | $231,606,000 | $220,717,000 | $194,964,000 | $160,028,000 |
| Normalized Income | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Income From Continuing And Discontinued Operation | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Income Common Stockholders | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Income | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Income Including Noncontrolling Interests | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Net Income Continuous Operations | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Pretax Income | $40,001,000 | $30,869,000 | $28,721,000 | $61,717,000 |
| Special Income Charges | - | - | $0 | $73,000 |
| Per Share | ||||
| Diluted EPS | $1.38 | $1.06 | $1.00 | $2.03 |
| Basic EPS | $1.38 | $1.06 | $1.00 | $2.03 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $7,859,000 | $7,055,000 | $6,248,000 | $6,063,000 |
| Diluted Average Shares | $22,456,705 | $23,240,543 | $23,240,543 | $24,595,789 |
| Basic Average Shares | $22,456,705 | $23,240,543 | $23,240,543 | $24,595,789 |
| Diluted NI Availto Com Stockholders | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Tax Provision | $8,639,000 | $6,346,000 | $5,337,000 | $11,599,000 |
| Gain On Sale Of Security | $46,000 | $68,000 | $-1,521,000 | $46,000 |
| Selling General And Administration | $66,757,000 | $66,648,000 | $62,453,000 | $55,848,000 |
| Insurance And Claims | $5,843,000 | $6,200,000 | $4,904,000 | $2,015,000 |
| Salaries And Wages | $57,743,000 | $57,908,000 | $55,856,000 | $52,399,000 |
| Occupancy And Equipment | $17,620,000 | $15,608,000 | $14,028,000 | $13,527,000 |
| Total Unusual Items | - | - | $-1,100,000 | $-359,000 |
| Total Unusual Items Excluding Goodwill | - | - | $-1,100,000 | $-359,000 |
| Other Special Charges | - | - | - | $-73,000 |
| Impairment Of Capital Assets | - | - | - | $0 |
| Other Gand A | - | - | - | - |
Fetched: 2026-06-17
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $417,564,000 | $384,313,000 | $351,243,000 | $328,627,000 |
| Total Assets | $4,851,922,000 | $4,659,189,000 | $4,512,539,000 | $4,204,519,000 |
| Goodwill And Other Intangible Assets | $2,133,000 | $0 | - | - |
| Other Intangible Assets | $940,000 | - | - | - |
| Cash And Cash Equivalents | $105,163,000 | $131,171,000 | $54,529,000 | $46,869,000 |
| Cash Financial | $36,936,000 | $39,608,000 | $39,676,000 | $42,364,000 |
| Cash Cash Equivalents And Federal Funds Sold | $121,993,000 | $137,658,000 | $54,529,000 | $46,869,000 |
| Receivables | - | $63,450,000 | $59,360,000 | - |
| Notes Receivable | - | $63,450,000 | $59,360,000 | - |
| Debt | ||||
| Net Debt | $73,337,000 | - | $338,871,000 | $133,681,000 |
| Total Debt | $178,500,000 | $70,000,000 | $393,400,000 | $180,550,000 |
| Long Term Debt And Capital Lease Obligation | $178,500,000 | $70,000,000 | $393,400,000 | $180,550,000 |
| Long Term Debt | $178,500,000 | $70,000,000 | $393,400,000 | $180,550,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $4,432,225,000 | $4,274,876,000 | $4,161,296,000 | $3,875,892,000 |
| Equity | ||||
| Common Stock Equity | $419,697,000 | $384,313,000 | $351,243,000 | $328,627,000 |
| Total Equity Gross Minority Interest | $419,697,000 | $384,313,000 | $351,243,000 | $328,627,000 |
| Stockholders Equity | $419,697,000 | $384,313,000 | $351,243,000 | $328,627,000 |
| Gains Losses Not Affecting Retained Earnings | $-42,160,000 | $-64,521,000 | $-71,439,000 | $-85,616,000 |
| Other Equity Adjustments | $-42,160,000 | $-64,521,000 | $-71,439,000 | $-85,616,000 |
| Retained Earnings | $364,968,000 | $333,606,000 | $309,083,000 | $285,593,000 |
| Other | ||||
| Ordinary Shares Number | $22,083,007 | $23,069,175 | $22,956,304 | $23,956,772 |
| Share Issued | $22,083,007 | $23,069,175 | $22,956,304 | $23,956,772 |
| Tangible Book Value | $417,564,000 | $384,313,000 | $351,243,000 | $328,627,000 |
| Invested Capital | $598,197,000 | $454,313,000 | $744,643,000 | $509,177,000 |
| Total Capitalization | $598,197,000 | $454,313,000 | $744,643,000 | $509,177,000 |
| Additional Paid In Capital | $74,806,000 | $92,159,000 | $90,642,000 | $104,693,000 |
| Capital Stock | $22,083,000 | $23,069,000 | $22,957,000 | $23,957,000 |
| Common Stock | $22,083,000 | $23,069,000 | $22,957,000 | $23,957,000 |
| Long Term Provisions | $2,992,000 | $3,186,000 | $3,193,000 | $2,292,000 |
| Investments And Advances | $701,903,000 | $728,441,000 | $719,643,000 | $836,273,000 |
| Available For Sale Securities | $318,395,000 | $10,041,000 | - | - |
| Goodwill | $1,193,000 | $0 | - | - |
| Net PPE | $72,497,000 | $74,329,000 | $73,707,000 | $72,114,000 |
| Accumulated Depreciation | $-48,289,000 | $-47,522,000 | $-41,453,000 | $-39,024,000 |
| Gross PPE | $120,786,000 | $121,851,000 | $115,160,000 | $111,138,000 |
| Leases | $3,156,000 | $3,023,000 | $1,579,000 | $1,618,000 |
| Other Properties | $60,458,000 | $59,857,000 | $58,983,000 | $54,872,000 |
| Machinery Furniture Equipment | $39,389,000 | $40,361,000 | $35,772,000 | $34,945,000 |
| Land And Improvements | $17,783,000 | $18,610,000 | $18,826,000 | $19,703,000 |
| Other Short Term Investments | $383,508,000 | $718,400,000 | $719,643,000 | $836,273,000 |
| Treasury Shares Number | - | - | $0 | - |
| Properties | - | - | - | - |
Fetched: 2026-06-17
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $31,807,000 | $28,805,000 | $36,932,000 | $64,901,000 |
| Operating Activities | ||||
| Operating Cash Flow | $39,862,000 | $36,938,000 | $46,730,000 | $70,791,000 |
| Cash Flow From Continuing Operating Activities | $39,862,000 | $36,938,000 | $46,730,000 | $70,791,000 |
| Operating Gains Losses | $44,000 | $-69,000 | $1,631,000 | $-1,047,000 |
| Investing Activities | ||||
| Capital Expenditure | $-8,055,000 | $-8,133,000 | $-9,798,000 | $-5,890,000 |
| Investing Cash Flow | $-155,911,000 | $-68,402,000 | $-307,011,000 | $-382,071,000 |
| Cash Flow From Continuing Investing Activities | $-155,911,000 | $-68,402,000 | $-307,011,000 | $-382,071,000 |
| Net Other Investing Changes | $7,000 | $15,139,000 | $-11,886,000 | $-7,388,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-20,000,000 | $0 | $-16,416,000 | $-42,927,000 |
| Financing Cash Flow | $90,041,000 | $108,106,000 | $267,941,000 | $80,350,000 |
| Cash Flow From Continuing Financing Activities | $90,041,000 | $108,106,000 | $267,941,000 | $80,350,000 |
| Net Common Stock Issuance | $-20,000,000 | $0 | $-16,416,000 | $-42,927,000 |
| Cash Dividends Paid | - | - | - | $0 |
| Common Stock Dividend Paid | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-501,500,000 | $-2,193,400,000 | $-3,228,835,000 | $-127,000,000 |
| Issuance Of Debt | $610,000,000 | $1,870,000,000 | $3,441,685,000 | $300,550,000 |
| Interest Paid Supplemental Data | $102,649,000 | $106,342,000 | $69,116,000 | $19,338,000 |
| Income Tax Paid Supplemental Data | $3,717,000 | $303,000 | $5,693,000 | $5,793,000 |
| End Cash Position | $105,163,000 | $131,171,000 | $54,529,000 | $46,869,000 |
| Beginning Cash Position | $131,171,000 | $54,529,000 | $46,869,000 | $277,799,000 |
| Changes In Cash | $-26,008,000 | $76,642,000 | $7,660,000 | $-230,930,000 |
| Common Stock Payments | $-20,000,000 | $0 | $-16,416,000 | $-42,927,000 |
| Net Issuance Payments Of Debt | $108,500,000 | $-323,400,000 | $212,850,000 | $173,550,000 |
| Net Long Term Debt Issuance | $108,500,000 | $-323,400,000 | $212,850,000 | $173,550,000 |
| Long Term Debt Payments | $-501,500,000 | $-2,193,400,000 | $-3,228,835,000 | $-127,000,000 |
| Long Term Debt Issuance | $610,000,000 | $1,870,000,000 | $3,441,685,000 | $300,550,000 |
| Net Investment Purchase And Sale | $52,249,000 | $56,281,000 | $67,286,000 | $-31,164,000 |
| Sale Of Investment | $115,933,000 | $81,407,000 | $92,224,000 | $104,470,000 |
| Purchase Of Investment | $-63,684,000 | $-25,126,000 | $-24,938,000 | $-135,634,000 |
| Net Investment Properties Purchase And Sale | $1,618,000 | $4,199,000 | $6,794,000 | $4,840,000 |
| Sale Of Investment Properties | $1,618,000 | $4,199,000 | $6,794,000 | $4,840,000 |
| Net Business Purchase And Sale | $53,573,000 | $0 | $0 | $0 |
| Sale Of Business | $53,573,000 | $0 | $0 | - |
| Net PPE Purchase And Sale | $-8,055,000 | $-8,133,000 | $-9,798,000 | $-5,482,000 |
| Purchase Of PPE | $-8,055,000 | $-8,133,000 | $-9,798,000 | $-5,890,000 |
| Change In Working Capital | $-1,981,000 | $1,828,000 | $-1,427,000 | $-722,000 |
| Change In Other Working Capital | $-1,511,000 | $-1,473,000 | $-1,381,000 | $-1,357,000 |
| Change In Other Current Liabilities | $-2,329,000 | $1,687,000 | $3,803,000 | $3,549,000 |
| Change In Other Current Assets | $1,859,000 | $1,614,000 | $-3,849,000 | $-2,914,000 |
| Other Non Cash Items | $-1,404,000 | $138,000 | $109,000 | $2,137,000 |
| Stock Based Compensation | $2,071,000 | $1,752,000 | $1,561,000 | $1,314,000 |
| Unrealized Gain Loss On Investment Securities | $-250,000 | $-41,000 | $0 | $0 |
| Amortization Of Securities | $3,172,000 | $3,592,000 | $6,354,000 | $5,749,000 |
| Deferred Tax | $2,820,000 | $3,206,000 | $2,469,000 | $4,251,000 |
| Deferred Income Tax | $2,820,000 | $3,206,000 | $2,469,000 | $4,251,000 |
| Depreciation Amortization Depletion | $7,859,000 | $7,055,000 | $6,248,000 | $6,063,000 |
| Depreciation And Amortization | $7,859,000 | $7,055,000 | $6,248,000 | $6,063,000 |
| Depreciation | $7,859,000 | $7,055,000 | $6,248,000 | $6,063,000 |
| Gain Loss On Investment Securities | $-46,000 | $-68,000 | $1,521,000 | $-46,000 |
| Net Income From Continuing Operations | $31,362,000 | $24,523,000 | $23,384,000 | $50,118,000 |
| Sale Of PPE | - | $0 | $0 | $408,000 |
| Purchase Of Business | - | - | $0 | $0 |
| Asset Impairment Charge | - | - | $1,117,000 | $741,000 |
| Gain Loss On Sale Of PPE | - | - | $0 | $-73,000 |
| Gain Loss On Sale Of Business | - | - | $0 | $0 |
Fetched: 2026-06-17