Symbols / CARE Stock $26.69 +0.72% Carter Bankshares, Inc.

Financial Services • Banks - Regional • United States • NMS
CARE (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Litz H. Van Dyke
Exch · Country NMS · United States
Market Cap 593.11M
Enterprise Value 364.69M
Income 106.83M
Sales 258.92M
FCF (ttm) —
Book/sh 22.78
Cash/sh 10.73
Employees 687
Insider 10d —
IPO Mar 15, 2007
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 5.48
Forward P/E 10.40
PEG —
P/S 2.29
P/B 1.17
P/C —
EV/EBITDA —
EV/Sales 1.41
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 4.87
EPS next Y 2.57
EPS Growth 9.01%
Revenue Growth 260.00%
EPS Gr Q/Q 8.58%
Rev Gr Q/Q —
Earnings (next) 2026-04-23
Earnings (prior) 2026-04-23
ROA 2.28%
ROE 23.86%
ROIC —
Gross Margin 0.00%
Oper. Margin 79.08%
Profit Margin 41.78%
Shs Outstand 22.22M
Shs Float 19.85M
Insider Own 2.25%
Instit Own 58.71%
Short Float 4.43%
Short Ratio 2.69
Short Interest 957.97K
52W High 27.24
vs 52W High -2.02%
52W Low 15.76
vs 52W Low 69.35%
Beta 0.51
Impl. Vol. 6.87%
Rel Volume 0.64
Avg Volume 285.81K
Volume 182.25K
Target (mean) $27.25
Tgt Median $27.00
Tgt Low $27.00
Tgt High $28.00
# Analysts 4
Recom Buy
Prev Close $26.50
Price $26.69
Change 0.72%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$27.25
Mean price target
2. Current target
$26.69
Latest analyst target
3. DCF / Fair value
$73.05
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$26.69
Low
$27.00
High
$28.00
Mean
$27.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-15 down Freedom Broker Buy → Hold $27
2026-02-13 main Freedom Broker Buy → Buy $25
2025-12-24 init Freedom Broker — → Buy $23
2023-05-01 up Raymond James Market Perform → Outperform $17
2022-10-06 down DA Davidson Buy → Neutral $19
2022-07-07 up Raymond James Market Perform → Outperform $16
2022-01-21 init Piper Sandler — → Neutral $17
2021-07-08 down Raymond James Outperform → Market Perform —
2021-03-30 up DA Davidson Neutral → Buy —
2021-02-03 main Raymond James — → Outperform $13
News
RSS: Latest CARE news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-12 LANGS BRADFORD N President — 5,500 $26.47 $145,558
2026-05-08 WALSH ELIZABETH L Director — 725 $0.00 $0
2026-05-06 WALSH ELIZABETH L Director — 4,575 $26.20 $119,865
2026-05-05 HASKINS JAMES W Director — 1,000 $26.04 $26,040
2026-04-27 DAVIS JANE ANN Officer — 1,850 $0.00 $0
2026-04-27 ADAMS ARTHUR LORAN Officer — 1,650 $0.00 $0
2026-02-25 ADAMS ARTHUR LORAN Officer — 1,002 $0.00 $0
2026-02-25 VAN DYKE LITZ H Chief Executive Officer — 12,068 $0.00 $0
2026-02-25 KALLSEN TONY E. Officer — 4,358 $0.00 $0
2026-02-25 SPEARE MATTHEW M Chief Operating Officer — 5,295 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
149.03
+12.56%
132.40
-3.86%
137.71
-13.33%
158.90
Operating Revenue
149.03
+12.56%
132.40
-3.86%
137.71
-13.33%
158.90
Selling General And Administration
66.76
+0.16%
66.65
+6.72%
62.45
+11.83%
55.85
Selling And Marketing Expense
3.17
+24.84%
2.54
+50.03%
1.69
+18.06%
1.43
General And Administrative Expense
63.59
-0.81%
64.11
+5.51%
60.76
+11.66%
54.41
Salaries And Wages
57.74
-0.28%
57.91
+3.67%
55.86
+6.60%
52.40
Other Gand A
—
—
—
—
Reconciled Depreciation
7.86
+11.40%
7.05
+12.92%
6.25
+3.05%
6.06
Total Unusual Items
—
—
-1.10
-206.41%
-0.36
Total Unusual Items Excluding Goodwill
—
—
-1.10
-206.41%
-0.36
Special Income Charges
—
—
0.00
-100.00%
0.07
Other Special Charges
—
—
—
-0.07
Impairment Of Capital Assets
—
—
—
0.00
Net Income
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Pretax Income
40.00
+29.58%
30.87
+7.48%
28.72
-53.46%
61.72
Net Interest Income
130.20
+14.77%
113.44
-6.13%
120.85
-13.54%
139.77
Interest Expense
101.40
-5.47%
107.27
+44.75%
74.11
+265.90%
20.25
Interest Income
231.61
+4.93%
220.72
+13.21%
194.96
+21.83%
160.03
Gain On Sale Of Security
0.05
-32.35%
0.07
+104.47%
-1.52
-3406.52%
0.05
Tax Provision
8.64
+36.13%
6.35
+18.91%
5.34
-53.99%
11.60
Tax Rate For Calcs
0.00
+4.85%
0.00
+10.75%
0.00
-1.03%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Net Income From Continuing Operation Net Minority Interest
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Net Income From Continuing And Discontinued Operation
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Net Income Continuous Operations
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Normalized Income
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Net Income Common Stockholders
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Diluted EPS
1.38
+30.19%
1.06
+6.00%
1.00
-50.74%
2.03
Basic EPS
1.38
+30.19%
1.06
+6.00%
1.00
-50.74%
2.03
Basic Average Shares
22.46
-3.37%
23.24
+0.00%
23.24
-5.51%
24.60
Diluted Average Shares
22.46
-3.37%
23.24
+0.00%
23.24
-5.51%
24.60
Diluted NI Availto Com Stockholders
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Insurance And Claims
5.84
-5.76%
6.20
+26.43%
4.90
+143.37%
2.02
Occupancy And Equipment
17.62
+12.89%
15.61
+11.26%
14.03
+3.70%
13.53
Other Non Interest Expense
21.61
+15.87%
18.65
-6.29%
19.90
+4.42%
19.06
Professional Expense And Contract Services Expense
6.88
+21.18%
5.67
-8.62%
6.21
+6.74%
5.82
Line Item Trend 2023-12-31
Total Assets
4,512.54
Cash And Cash Equivalents
54.53
Cash Financial
39.68
Other Short Term Investments
719.64
Receivables
59.36
Net PPE
73.71
Gross PPE
115.16
Accumulated Depreciation
-41.45
Properties
—
Land And Improvements
18.83
Machinery Furniture Equipment
35.77
Other Properties
58.98
Leases
1.58
Goodwill And Other Intangible Assets
—
Goodwill
—
Other Intangible Assets
—
Investments And Advances
719.64
Total Liabilities Net Minority Interest
4,161.30
Long Term Debt And Capital Lease Obligation
393.40
Long Term Debt
393.40
Long Term Provisions
3.19
Stockholders Equity
351.24
Common Stock Equity
351.24
Capital Stock
22.96
Common Stock
22.96
Share Issued
22.96
Ordinary Shares Number
22.96
Treasury Shares Number
0.00
Additional Paid In Capital
90.64
Retained Earnings
309.08
Gains Losses Not Affecting Retained Earnings
-71.44
Other Equity Adjustments
-71.44
Total Equity Gross Minority Interest
351.24
Total Capitalization
744.64
Invested Capital
744.64
Total Debt
393.40
Net Debt
338.87
Net Tangible Assets
351.24
Tangible Book Value
351.24
Available For Sale Securities
—
Cash Cash Equivalents And Federal Funds Sold
54.53
Notes Receivable
59.36
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
39.86
+7.92%
36.94
-20.95%
46.73
-33.99%
70.79
Cash Flow From Continuing Operating Activities
39.86
+7.92%
36.94
-20.95%
46.73
-33.99%
70.79
Net Income From Continuing Operations
31.36
+27.89%
24.52
+4.87%
23.38
-53.34%
50.12
Depreciation Amortization Depletion
7.86
+11.40%
7.05
+12.92%
6.25
+3.05%
6.06
Depreciation
7.86
+11.40%
7.05
+12.92%
6.25
+3.05%
6.06
Depreciation And Amortization
7.86
+11.40%
7.05
+12.92%
6.25
+3.05%
6.06
Other Non Cash Items
-1.40
-1117.39%
0.14
+26.61%
0.11
-94.90%
2.14
Stock Based Compensation
2.07
+18.21%
1.75
+12.24%
1.56
+18.80%
1.31
Asset Impairment Charge
—
—
1.12
+50.74%
0.74
Deferred Tax
2.82
-12.04%
3.21
+29.85%
2.47
-41.92%
4.25
Deferred Income Tax
2.82
-12.04%
3.21
+29.85%
2.47
-41.92%
4.25
Operating Gains Losses
0.04
+163.77%
-0.07
-104.23%
1.63
+255.78%
-1.05
Gain Loss On Investment Securities
-0.05
+32.35%
-0.07
-104.47%
1.52
+3406.52%
-0.05
Unrealized Gain Loss On Investment Securities
-0.25
-509.76%
-0.04
0.00
0.00
Gain Loss On Sale Of PPE
—
—
0.00
+100.00%
-0.07
Change In Working Capital
-1.98
-208.37%
1.83
+228.10%
-1.43
-97.65%
-0.72
Change In Other Working Capital
-1.51
-2.58%
-1.47
-6.66%
-1.38
-1.77%
-1.36
Change In Other Current Assets
1.86
+15.18%
1.61
+141.93%
-3.85
-32.09%
-2.91
Change In Other Current Liabilities
-2.33
-238.06%
1.69
-55.64%
3.80
+7.16%
3.55
Investing Cash Flow
-155.91
-127.93%
-68.40
+77.72%
-307.01
+19.65%
-382.07
Cash Flow From Continuing Investing Activities
-155.91
-127.93%
-68.40
+77.72%
-307.01
+19.65%
-382.07
Net PPE Purchase And Sale
-8.05
+0.96%
-8.13
+16.99%
-9.80
-78.73%
-5.48
Purchase Of PPE
-8.05
+0.96%
-8.13
+16.99%
-9.80
-66.35%
-5.89
Sale Of PPE
—
0.00
0.00
-100.00%
0.41
Capital Expenditure
-8.05
+0.96%
-8.13
+16.99%
-9.80
-66.35%
-5.89
Net Investment Purchase And Sale
52.25
-7.16%
56.28
-16.36%
67.29
+315.91%
-31.16
Purchase Of Investment
-63.68
-153.46%
-25.13
-0.75%
-24.94
+81.61%
-135.63
Sale Of Investment
115.93
+42.41%
81.41
-11.73%
92.22
-11.72%
104.47
Net Business Purchase And Sale
53.57
0.00
0.00
0.00
Purchase Of Business
—
—
0.00
0.00
Gain Loss On Sale Of Business
—
—
0.00
0.00
Net Other Investing Changes
0.01
-99.95%
15.14
+227.37%
-11.89
-60.88%
-7.39
Financing Cash Flow
90.04
-16.71%
108.11
-59.65%
267.94
+233.47%
80.35
Cash Flow From Continuing Financing Activities
90.04
-16.71%
108.11
-59.65%
267.94
+233.47%
80.35
Net Issuance Payments Of Debt
108.50
+133.55%
-323.40
-251.94%
212.85
+22.64%
173.55
Issuance Of Debt
610.00
-67.38%
1,870.00
-45.67%
3,441.68
+1045.13%
300.55
Repayment Of Debt
-501.50
+77.14%
-2,193.40
+32.07%
-3,228.84
-2442.39%
-127.00
Long Term Debt Issuance
610.00
-67.38%
1,870.00
-45.67%
3,441.68
+1045.13%
300.55
Long Term Debt Payments
-501.50
+77.14%
-2,193.40
+32.07%
-3,228.84
-2442.39%
-127.00
Net Long Term Debt Issuance
108.50
+133.55%
-323.40
-251.94%
212.85
+22.64%
173.55
Net Common Stock Issuance
-20.00
0.00
+100.00%
-16.42
+61.76%
-42.93
Common Stock Payments
-20.00
0.00
+100.00%
-16.42
+61.76%
-42.93
Common Stock Dividend Paid
—
—
—
0.00
Cash Dividends Paid
—
—
—
0.00
Repurchase Of Capital Stock
-20.00
0.00
+100.00%
-16.42
+61.76%
-42.93
Changes In Cash
-26.01
-133.93%
76.64
+900.55%
7.66
+103.32%
-230.93
Beginning Cash Position
131.17
+140.55%
54.53
+16.34%
46.87
-83.13%
277.80
End Cash Position
105.16
-19.83%
131.17
+140.55%
54.53
+16.34%
46.87
Free Cash Flow
31.81
+10.42%
28.80
-22.01%
36.93
-43.09%
64.90
Interest Paid Supplemental Data
102.65
-3.47%
106.34
+53.86%
69.12
+257.41%
19.34
Income Tax Paid Supplemental Data
3.72
+1126.73%
0.30
-94.68%
5.69
-1.73%
5.79
Amortization Of Securities
3.17
-11.69%
3.59
-43.47%
6.35
+10.52%
5.75
Net Investment Properties Purchase And Sale
1.62
-61.47%
4.20
-38.20%
6.79
+40.37%
4.84
Sale Of Business
53.57
0.00
0.00
—
Sale Of Investment Properties
1.62
-61.47%
4.20
-38.20%
6.79
+40.37%
4.84
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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