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CARE Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
26.460
Open
25.900
VWAP
26.23
Vol
271.51K
Mkt Cap
584.88M
Low
25.900
Amount
7.12M
EV/EBITDA(TTM)
2.25
Total Shares
22.22M
EV
356.56M
EV/OCF(TTM)
1.13
P/S(TTM)
2.75
Carter Bankshares, Inc. is a bank holding company. The Company is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). It provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services, including lifetime free checking, interest checking accounts, savings accounts, retirement accounts, and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. It also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. It also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).
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Events Timeline

(ET)
2026-05-06
09:10:00
Carter Bank Launches Youth Savings and Checking Accounts
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2026-04-23 (ET)
2026-04-23
08:30:00
Company's Net Interest Margin Increases to 3.07% in Q1
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2026-02-18 (ET)
2026-02-18
09:20:00
Carter Bank Appoints Kimberly Dempsey as Chief Human Resources Officer
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2026-01-29 (ET)
2026-01-29
08:30:00
Net Interest Income Reaches $34.6 Million in Q4 2025
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2025-12-26 (ET)
2025-12-26
16:10:00
Stocks Fluctuate Near All-Time Highs, S&P 500 Slightly Declines
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2025-12-26
12:10:00
Nasdaq Declines as Target Faces Investor Pressure
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2025-10-23 (ET)
2025-10-23
08:43:32
Carter Bankshares announces Q3 adjusted EPS of 26 cents, falling short of consensus estimate of 41 cents.
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News

seekingalpha
9.5
04-23seekingalpha
Carter Bank & Trust Q1 Financial Highlights
  • Earnings Performance: Carter Bank & Trust reported a Q1 non-GAAP EPS of $3.88, indicating stable profitability despite uncertainties in the broader economic environment.
  • Net Interest Income Growth: The bank achieved a net interest income of $35.9 million in Q1, demonstrating effective management of its balance sheet in the current interest rate environment, thereby enhancing profitability.
  • Deposit Growth: Total deposits increased by $24.4 million to $4.2 billion as of March 31, 2026, compared to December 31, 2025, reflecting increased customer confidence and enhanced market competitiveness.
  • Loan Portfolio Decline: Despite the rise in deposits, the total portfolio loans decreased by $151.1 million during the same period, suggesting a more cautious approach to credit risk management, which may impact short-term revenue growth.
seekingalpha
8.0
04-23seekingalpha
Carter Bank & Trust Declares Quarterly Dividend
  • Quarterly Dividend Announcement: Carter Bank & Trust has declared a quarterly dividend of $0.10 per share, payable on May 25, demonstrating the company's ongoing commitment to stable cash flow and shareholder returns.
  • Yield Analysis: The forward yield of 1.64% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest towards its stock.
  • Financial Performance: With a GAAP EPS of $0.38 and revenue of $39.86 million, Carter Bank & Trust showcases solid profitability and revenue growth, enhancing market confidence in its future prospects.
  • Investment Rating: Seeking Alpha's Quant Rating on Carter Bank & Trust, along with historical earnings data, further supports investor trust in the bank, potentially boosting its long-term investment value.
seekingalpha
9.5
01-29seekingalpha
Carter Bank & Trust Reports Strong Q4 Earnings
  • Earnings Growth: Carter Bank & Trust reported a GAAP EPS of $0.38 for Q4, indicating stable profitability and resilience in a competitive market environment.
  • Revenue Performance: The bank achieved revenues of $39.86 million in Q4, showcasing strong performance and continued growth in its lending and deposit businesses, thereby enhancing its market position.
  • Deposit Situation: Total deposits increased slightly by $0.5 million to $4.2 billion as of December 31, 2025, reflecting customer trust and reliance on Carter Bank despite uncertainties in the overall market.
  • Borrowing Situation: Federal Home Loan Bank borrowings rose by $3.0 million to $178.5 million to support loan growth, indicating the bank's proactive strategy in expanding its credit business.
Newsfilter
3.5
2025-12-10Newsfilter
Carter Bank Wins Eight Awards for Brand Refresh
  • Brand Refresh Achievement: Since unveiling its new brand last year, Carter Bank has received eight national honors, including accolades from the Brandies and MUSE Awards, highlighting its innovation and impact in the financial services sector.
  • Industry Recognition: Recently named one of the Best Banks in Virginia by Forbes, Carter Bank's rebranding is seen as a crucial step in enhancing customer service and community engagement, further solidifying its market position.
  • Visual Identity Innovation: The new brand identity modernizes Carter Bank's visual recognition while reflecting its mission to create opportunities for more people and businesses, enhancing customer brand loyalty.
  • Team Effort Rewarded: Executives at Carter Bank noted that these awards are a testament to the dedication of the team and customer relationships, further motivating employees to continue driving brand development and community service in the future.
Newsfilter
7.5
2025-11-13Newsfilter
Carter Bank Becomes a State Member Bank of the Federal Reserve Bank of Richmond
  • Carter Bank's New Status: Carter Bank, a subsidiary of Carter Bankshares, Inc., has received approval to become a state member bank regulated by the Federal Reserve, enhancing its regulatory framework and operational efficiency.

  • CEO's Statement: CEO Litz Van Dyke expressed optimism about the transition, highlighting it as a significant step towards achieving the company's strategic objectives and fostering innovation.

  • Company Overview: Carter Bankshares, Inc. is a $4.8 billion community bank based in Martinsville, Virginia, with a mission to create opportunities for individuals and businesses since 1974.

  • Forward-Looking Statements: The announcement includes forward-looking statements regarding the potential benefits of the bank's transition and conversion to a financial holding company, emphasizing the inherent risks and uncertainties involved.

NASDAQ.COM
4.0
2025-10-29NASDAQ.COM
Fresh Strong Sell Stocks for October 29th
  • Stocks Added to Zacks Rank #5: Three stocks, Adecco (AHEXY), Carter Bankshares (CARE), and Cantaloupe (CTLP), have been added to the Zacks Rank #5 (Strong Sell) List due to significant downward revisions in their earnings estimates over the past 60 days.

  • Adecco's Earnings Estimate: Adecco's earnings estimate has been revised down by approximately 46.1%, indicating potential challenges in its service offerings that connect clients and colleagues.

  • Carter Bankshares' Earnings Estimate: Carter Bankshares has seen a 7.3% downward revision in its earnings estimate, reflecting concerns about its banking services and overall financial performance.

  • Cantaloupe's Earnings Estimate: Cantaloupe's earnings estimate has been adjusted down by about 6.7%, suggesting difficulties in its software and payment solutions for the unattended retail market.

Wall Street analysts forecast CARE stock price to rise
1 Analyst Rating
Wall Street analysts forecast CARE stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
22.00
Averages
22.00
High
22.00
Current: 0.000
sliders
Low
22.00
Averages
22.00
High
22.00
Raymond James
Outperform
maintain
$25 -> $27
AI Analysis
2026-04-27
Reason
Raymond James
Price Target
$25 -> $27
AI Analysis
2026-04-27
maintain
Outperform
Reason
Raymond James raised the firm's price target on Carter Bankshares to $27 from $25 and keeps an Outperform rating on the shares. Carter Bankshares is positioned to shift to offense following the sale of its Justice nonperforming loans, which removes a longstanding drag on both operations and valuation, the analyst tells investors in a research note. With only a partial Q1 impact reflected, net interest margin and expenses are expected to improve meaningfully in Q2 as liquidity is redeployed into higher-yielding assets, while enhanced strategic flexibility and capital return potential support a more positive valuation outlook, the firm says.
Freedom Capital
Buy
initiated
$23
2025-12-25
Reason
Freedom Capital
Price Target
$23
2025-12-25
initiated
Buy
Reason
Freedom Capital initiated coverage of Carter Bankshares with a Buy rating and $23 price target. The firm says Carter offers a "regionally focused growth story" with loan expansion, improving margins, and a stable core deposit base across its Virginia and North Carolina markets. The bank is on a path to higher profitability, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CARE
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Valuation Metrics

The current forward P/E ratio for Carter Bankshares Inc (CARE.O) is 13.66, compared to its 5-year average forward P/E of 9.98. For a more detailed relative valuation and DCF analysis to assess Carter Bankshares Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.98
Current PE
13.66
Overvalued PE
13.89
Undervalued PE
6.07

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.01
Current EV/EBITDA
3.26
Overvalued EV/EBITDA
4.95
Undervalued EV/EBITDA
-2.93

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.44
Current PS
2.89
Overvalued PS
2.72
Undervalued PS
2.16

Financials

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Frequently Asked Questions

What is Carter Bankshares Inc (CARE) stock price today?

The current price of CARE is 26.32 USD — it has increased 0.5

What is Carter Bankshares Inc (CARE)'s business?

Carter Bankshares, Inc. is a bank holding company. The Company is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). It provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services, including lifetime free checking, interest checking accounts, savings accounts, retirement accounts, and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. It also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. It also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).

What is the price predicton of CARE Stock?

Wall Street analysts forecast CARE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CARE is22.00 USD with a low forecast of 22.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Carter Bankshares Inc (CARE)'s revenue for the last quarter?

Carter Bankshares Inc revenue for the last quarter amounts to 104.05M USD, increased 200.71

What is Carter Bankshares Inc (CARE)'s earnings per share (EPS) for the last quarter?

Carter Bankshares Inc. EPS for the last quarter amounts to 3.88 USD, increased 894.87

How many employees does Carter Bankshares Inc (CARE). have?

Carter Bankshares Inc (CARE) has 687 emplpoyees as of May 11 2026.

What is Carter Bankshares Inc (CARE) market cap?

Today CARE has the market capitalization of 584.88M USD.