CARE
Carter Bankshares, Inc.Company Information
- Company Name
- Carter Bankshares, Inc.
- CIK
- CIK0001829576
- Category
- Accelerated filer
- Ticker: Exchange
- CARE: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 02 Finance
- SIC
- 6021
- SIC Description
- National Commercial Banks
- Ticker
- CARE
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-05-06
- Last sale
- 2026-09-11
- Shares purchased (TTM)
- 4,575
- Shares sold (TTM)
- 13,401
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 13,955,517
- Shares outstanding
- 21,838,645
- Ownership
- 63.90%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -6.89%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||||||||||
| Cash And Due From Banks | 41 | 228 | 105 | 107 | 100 | 89 | 131 | 105 | 62 | 108 | 55 | 55 | ||||||
| Interest Bearing Deposits In Banks | 167 | 191 | 68 | 64 | 52 | 46 | 92 | 62 | 21 | 73 | 15 | 17 | ||||||
| Cash And Cash Equivalents At Carrying Value | 277 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Debt Securities Available For Sale Excluding Accrued Interest | 640 | 662 | 692 | 728 | 755 | 745 | 718 | 743 | 746 | 769 | 779 | 793 | ||||||
| Equity Securities Fv Ni Current And Noncurrent | 13 | 10 | 10 | 10 | 10 | 10 | 10 | 5 | 5 | - | 0 | - | ||||||
| Loans Receivable Held For Sale Net Not Part Of Disposal Group | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | - | - | - | 0 | ||||||
| Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss | 3,735 | 3,728 | 3,880 | 3,836 | 3,747 | 3,687 | 3,625 | 3,596 | 3,550 | 3,509 | 3,506 | 3,411 | ||||||
| Financing Receivable Allowance For Credit Loss Excluding Accrued Interest | -55 | -53 | -71 | -74 | -71 | -74 | -76 | -81 | -97 | -97 | -97 | -94 | ||||||
| Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss | 3,679 | 3,676 | 3,808 | 3,762 | 3,676 | 3,614 | 3,549 | 3,515 | 3,453 | 3,413 | 3,409 | 3,316 | ||||||
| Property Plant And Equipment Net | 70 | 71 | 72 | 72 | 72 | 74 | 74 | 73 | 73 | 73 | 74 | 74 | ||||||
| Goodwill | 1 | 1 | 1 | 1 | 1 | - | 0 | - | - | - | - | - | ||||||
| Finite Lived Intangible Assets Net | 1 | 1 | 1 | 1 | 1 | - | 0 | - | - | - | - | - | ||||||
| Other Real Estate | 3 | 3 | 0 | 0 | 2 | 1 | 1 | 2 | 3 | 3 | 2 | 4 | ||||||
| Federal Home Loan Bank Stock | - | - | - | 12 | 9 | 6 | 6 | 7 | 14 | 18 | 22 | 27 | ||||||
| Other Restricted Assets | 8 | 8 | 17 | - | - | - | 6 | - | - | - | - | - | ||||||
| Bank Owned Life Insurance | 46 | 45 | 45 | 52 | 48 | 48 | 60 | 59 | 59 | 58 | 58 | 58 | ||||||
| Other Assets | 63 | 92 | 100 | 95 | 109 | 113 | 109 | 104 | 117 | 113 | 114 | 124 | ||||||
| Assets | 4,802 | 4,799 | 4,852 | 4,840 | 4,784 | 4,700 | 4,659 | 4,613 | 4,533 | 4,555 | 4,513 | 4,452 | ||||||
Deposits | ||||||||||||||||||
| Noninterest Bearing Domestic Deposit Demand | 655 | 638 | 620 | 606 | 635 | 632 | 634 | 629 | 653 | 672 | 685 | 661 | ||||||
| Interest Bearing Domestic Deposit Demand | 867 | 871 | 808 | 810 | 805 | 794 | 727 | 649 | 565 | 516 | 482 | 470 | ||||||
| Deposits Money Market Deposits | 510 | 514 | 554 | 553 | 545 | 528 | 512 | 504 | 500 | 521 | 514 | 426 | ||||||
| Deposits Savings Deposits | 319 | 327 | 326 | 336 | 344 | 353 | 356 | 373 | 400 | 427 | 455 | 487 | ||||||
| Time Deposits | 1,846 | 1,885 | 1,902 | 1,907 | 1,894 | 1,893 | 1,924 | 1,930 | 1,762 | 1,695 | 1,587 | 1,512 | ||||||
| Deposits | 4,198 | 4,235 | 4,211 | 4,210 | 4,222 | 4,201 | 4,153 | 4,085 | 3,881 | 3,831 | 3,722 | 3,556 | ||||||
| Advances From Federal Home Loan Banks | 0 | 0 | 179 | 176 | 114 | 55 | 70 | 90 | 238 | 311 | 393 | 514 | ||||||
| Off Balance Sheet Credit Loss Liability | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Federal Funds Purchased | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Other Liabilities | 63 | 56 | 40 | 38 | 40 | 40 | 48 | 48 | 46 | 52 | 43 | 51 | ||||||
| Liabilities | 4,263 | 4,294 | 4,432 | 4,427 | 4,378 | 4,299 | 4,275 | 4,227 | 4,168 | 4,196 | 4,161 | 4,122 | ||||||
Equity | ||||||||||||||||||
| Common Stock Value | 22 | 22 | 22 | 22 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | ||||||
| Additional Paid In Capital | 73 | 75 | 75 | 80 | 84 | 92 | 92 | 92 | 91 | 91 | 91 | 90 | ||||||
| Retained Earnings Accumulated Deficit | 477 | 451 | 365 | 356 | 351 | 343 | 334 | 325 | 320 | 315 | 309 | 311 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -33 | -43 | -42 | -46 | -52 | -56 | -65 | -53 | -70 | -70 | -71 | -94 | ||||||
| Stockholders Equity | 539 | 505 | 420 | 413 | 406 | 402 | 384 | 387 | 364 | 359 | 351 | 331 | ||||||
| Liabilities And Stockholders Equity | 4,802 | 4,799 | 4,852 | 4,840 | 4,784 | 4,700 | 4,659 | 4,613 | 4,533 | 4,555 | 4,513 | 4,452 | ||||||
| Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss | 682 | 717 | 745 | 787 | 822 | 817 | 801 | 811 | 836 | 858 | 871 | 913 | ||||||
| Common Stock Par Or Stated Value Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||
| Common Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | ||||||
| Shares Outstanding | 22 | 22 | 22 | 22 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | ||||||
| Common Stock Shares Issued | 22 | 22 | 22 | - | - | - | 23 | - | - | - | - | - | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialCarter Bankshares, Inc. (CARE) — SEC Financial Statements & Analysis
Carter Bankshares, Inc. (CARE) is a national commercial banks company, incorporated in VA. Carter Bankshares, Inc. trades on Nasdaq as: CARE. Carter Bankshares, Inc. (CARE)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, Carter Bankshares, Inc. carries a market cap of $740.48M, a P/E ratio of 5.76x, a P/B ratio of 1.37x, a P/S ratio of 3.10x, an enterprise value of $463.95M, and an EV/EBITDA multiple of 15.68x. On profitability, it posts a gross margin of 60.30%, an operating margin of 69.21%, a net margin of 53.76%, a Return on Equity (ROE) of 27.22%, and a Return on Invested Capital (ROIC) of 5.73%. Per share, it reports EPS of $5.89, diluted EPS of $5.89, free cash flow per share of $2.69, and a dividend per share of $0.10. Over the trailing year, it posted revenue growth of 5.42% year-over-year, net income growth of 309.81% year-over-year, and EPS growth of 327.97% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 0.15x, free cash flow of $58.76M (TTM), and net debt of $-276.54M. Figures sourced from SEC EDGAR.
- Market Cap
- $740.48M
- P/E TTM
- 5.76x
- EPS TTM
- $5.89
- P/B TTM
- 1.37x
- ROE TTM
- 27.22%
- Free Cash Flow TTM
- $58.76M
- Net Revenue TTM Growth 1Y
- 5.42%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Carter Bankshares, Inc. in?
Carter Bankshares, Inc. (CARE) operates in the National Commercial Banks industry.
What exchange does CARE trade on?
Carter Bankshares, Inc. (CARE) trades on the Nasdaq.
Where is Carter Bankshares, Inc. incorporated?
Carter Bankshares, Inc. is incorporated in VA.
When was Carter Bankshares, Inc. (CARE)'s most recent SEC filing?
Carter Bankshares, Inc. (CARE)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is CARE's market cap?
Carter Bankshares, Inc. (CARE) has a market capitalization of $740.48M as of 2026-06-30.
What is CARE's P/E ratio?
Carter Bankshares, Inc. (CARE)'s trailing twelve month P/E ratio is 5.76x as of 2026-06-30.
What is CARE's EPS (earnings per share)?
Carter Bankshares, Inc. (CARE)'s trailing twelve month EPS is $5.89 as of 2026-06-30.
What is CARE's ROE (return on equity)?
Carter Bankshares, Inc. (CARE)'s trailing twelve month Return on Equity (ROE) is 27.22% as of 2026-06-30.
What is CARE's ROIC (return on invested capital)?
Carter Bankshares, Inc. (CARE)'s trailing twelve month Return on Invested Capital (ROIC) is 5.73% as of 2026-06-30.
What is CARE's EV/EBITDA?
Carter Bankshares, Inc. (CARE)'s trailing twelve month EV/EBITDA is 15.68x as of 2026-06-30.