Market Cap 392.12M
Revenue (ttm) 243.10M
Net Income (ttm) 24.28M
EPS (ttm) N/A
PE Ratio 14.56
Forward PE 12.65
Profit Margin 9.99%
Debt to Equity Ratio 0.14
Volume 92,588
Avg Vol 81,302
Day's Range N/A - N/A
Shares Out 23.16M
Stochastic %K 86%
Beta 0.77
Analysts Strong Sell
Price Target $22.00

Company Profile

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 comprising secured and unsecured, real estate construction and acquisition, and commercial and industrial loans; consumer loan...

Industry: Banks - Regional
Sector: Financial Services
Phone: 276 656 1776
Address:
1300 Kings Mountain Road, Martinsville, United States
QuiverQuant
QuiverQuant Jun. 13 at 2:57 PM
Insider Sale: Director at $CARE Sells 1,000 Shares Read more on $CARE: https://www.quiverquant.com/news/Insider+Sale%3A+Director+at+%24CARE+Sells+1%2C000+Shares
0 · Reply
WAYWARD_SUN
WAYWARD_SUN Apr. 29 at 11:31 PM
$CARE 🐕 ❤️‍🔥
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Thestocktraderhubzee
Thestocktraderhubzee Apr. 24 at 12:42 PM
$CARE Carter Bankshares Q1 Adj. EPS $0.32 Beats $0.28 Estimate, Sales $37.04M Beat $34.90M Estimate
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NVDAMillionaire
NVDAMillionaire Mar. 22 at 7:48 AM
Digging the community bank vibes. Regional play with solid growth trajectory. Might add some shares for my regional bank exposure. $CARE looking interesting. polished article: https://beyondspx.com/article/carter-bankshares-inc-care-a-resilient-community-bank-embracing-change
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d_risk
d_risk Mar. 7 at 9:48 PM
$CARE - Carter Bankshares Inc. Common Stock - 10K - Updated Risk Factors CARE's 2025 10-K Risk Factors reveal heightened credit risk due to sector concentration, increased reliance on third-party systems amid cyber threats, and potential disruptions from economic and regulatory changes, including AI challenges and stricter Basel III requirements. #Risk https://d-risk.ai/CARE/10-K/2025-03-07
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m7mdlfc4
m7mdlfc4 Mar. 6 at 2:00 AM
$CARE Very interesting chart $DJI $SPX $NDQ
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NVDAMillionaire
NVDAMillionaire Dec. 6 at 12:42 PM
$CARE Carter Bankshares, Inc. (NASDAQ:CARE): Navigating the Evolving Landscape with Resilience and Innovation https://beyondspx.com/article/carter-bankshares-inc-nasdaq-care-navigating-the-evolving-landscape-with-resilience-and-innovation
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WeeklyTrader
WeeklyTrader Oct. 23 at 3:12 PM
Let’s make it happen, $CARE! RSI: 62.27% 50-day MA: $17.22 200-day MA: $14.48
0 · Reply
WeeklyTrader
WeeklyTrader Oct. 15 at 10:05 PM
Celebrate gains with $CARE! RSI: 65.7% 50-day MA: $16.85 200-day MA: $14.37
0 · Reply
PenkeTrading
PenkeTrading Sep. 19 at 10:54 PM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Carter Bank and Trust. Is that bullish or bearish? $CARE #RsiOverbought #NASDAQ
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Latest News on CARE
Carter Bank Unveils New, Customer-Focused Brand Identity

Oct 30, 2024, 9:18 AM EDT - 8 months ago

Carter Bank Unveils New, Customer-Focused Brand Identity


Carter Bank Brings Relationship Banking to Raleigh Area

May 9, 2024, 1:35 PM EDT - 1 year ago

Carter Bank Brings Relationship Banking to Raleigh Area


Carter Bank Introduces Carter ZEscrow

Feb 1, 2024, 1:00 PM EST - 1 year ago

Carter Bank Introduces Carter ZEscrow


Carter Bank Celebrates 50 Years in 2024

Jan 3, 2024, 3:00 PM EST - 1 year ago

Carter Bank Celebrates 50 Years in 2024


Carter Bank Opens New Branch in Charlottesville

Dec 13, 2023, 9:00 AM EST - 1 year ago

Carter Bank Opens New Branch in Charlottesville


Carter Bank Expands Partnership With The Liberty Flames

Aug 29, 2023, 2:00 PM EDT - 1 year ago

Carter Bank Expands Partnership With The Liberty Flames


Carter Bankshares: A Hidden Gem To Fight Inflationary Headwinds

Apr 21, 2023, 6:25 AM EDT - 2 years ago

Carter Bankshares: A Hidden Gem To Fight Inflationary Headwinds


Carter Bank & Trust Set To Expand Into Charlotte

Apr 13, 2022, 10:00 AM EDT - 3 years ago

Carter Bank & Trust Set To Expand Into Charlotte


Analysts Recommend Catching These 2 Falling Knives.

Jun 1, 2020, 10:44 AM EDT - 5 years ago

Analysts Recommend Catching These 2 Falling Knives.

TRVI


QuiverQuant
QuiverQuant Jun. 13 at 2:57 PM
Insider Sale: Director at $CARE Sells 1,000 Shares Read more on $CARE: https://www.quiverquant.com/news/Insider+Sale%3A+Director+at+%24CARE+Sells+1%2C000+Shares
0 · Reply
WAYWARD_SUN
WAYWARD_SUN Apr. 29 at 11:31 PM
$CARE 🐕 ❤️‍🔥
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Apr. 24 at 12:42 PM
$CARE Carter Bankshares Q1 Adj. EPS $0.32 Beats $0.28 Estimate, Sales $37.04M Beat $34.90M Estimate
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 22 at 7:48 AM
Digging the community bank vibes. Regional play with solid growth trajectory. Might add some shares for my regional bank exposure. $CARE looking interesting. polished article: https://beyondspx.com/article/carter-bankshares-inc-care-a-resilient-community-bank-embracing-change
0 · Reply
d_risk
d_risk Mar. 7 at 9:48 PM
$CARE - Carter Bankshares Inc. Common Stock - 10K - Updated Risk Factors CARE's 2025 10-K Risk Factors reveal heightened credit risk due to sector concentration, increased reliance on third-party systems amid cyber threats, and potential disruptions from economic and regulatory changes, including AI challenges and stricter Basel III requirements. #Risk https://d-risk.ai/CARE/10-K/2025-03-07
0 · Reply
m7mdlfc4
m7mdlfc4 Mar. 6 at 2:00 AM
$CARE Very interesting chart $DJI $SPX $NDQ
0 · Reply
NVDAMillionaire
NVDAMillionaire Dec. 6 at 12:42 PM
$CARE Carter Bankshares, Inc. (NASDAQ:CARE): Navigating the Evolving Landscape with Resilience and Innovation https://beyondspx.com/article/carter-bankshares-inc-nasdaq-care-navigating-the-evolving-landscape-with-resilience-and-innovation
0 · Reply
WeeklyTrader
WeeklyTrader Oct. 23 at 3:12 PM
Let’s make it happen, $CARE! RSI: 62.27% 50-day MA: $17.22 200-day MA: $14.48
0 · Reply
WeeklyTrader
WeeklyTrader Oct. 15 at 10:05 PM
Celebrate gains with $CARE! RSI: 65.7% 50-day MA: $16.85 200-day MA: $14.37
0 · Reply
PenkeTrading
PenkeTrading Sep. 19 at 10:54 PM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Carter Bank and Trust. Is that bullish or bearish? $CARE #RsiOverbought #NASDAQ
0 · Reply
NVDAMillionaire
NVDAMillionaire Jul. 31 at 11:28 AM
$CARE Carter Bankshares, Inc. (CARE): A Comprehensive Analysis of This Regional Bank’s Resilience and Growth Potential http://beyondspx.com/2024/07/30/carter-bankshares-inc-care-a-comprehensive-analysis-of-this-regional-banks-resilience-and-growth-potential/
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DonCorleone77
DonCorleone77 Jul. 25 at 12:28 PM
$CARE Carter Bankshares reports Q2 EPS 21c vs. 24c last year Net interest margin, on a fully taxable equivalent basis, decreased four basis points to 2.56% compared to the first quarter of 2024 and increased two basis points compared to the second quarter of 2023. For the six months ended June 30, 2024 net interest margin, on a FTE basis, decreased 67 basis points to 2.58% compared to the same period in 2023. Net interest income and net interest margin continue to be significantly impacted by the Bank's largest lending relationship remaining on nonaccrual status since the second quarter of 2023; The efficiency ratio was 81.62%, 78.46% and 80.46% for the quarters ended June 30, 2024, March 31, 2024 and June 30, 2023, respectively. The efficiency ratio was impacted primarily by the Bank's largest lending relationship that was placed in nonaccrual status during the second quarter of 2023. "As previously noted, the lawsuit filed by West Virginia Governor James Justice and related entities was dismissed with prejudice during the second quarter of 2024, and the Justice Entities have begun curtailing their debt owed to the Bank. This was a favorable outcome for our Company and we remain committed to resolving this lending relationship in a manner that best protects the Company, the Bank and shareholders, stated Litz H. Van Dyke, Chief Executive Officer. "Obviously, the large nonperforming lending relationship continues to have a negative impact on our financial results, but aside from this issue, we believe our financial performance for the second quarter was solid and our asset quality remains strong across all credit metrics. We continue to feel positive about the fundamentals of the Company and the structure of our balance sheet. Capital and liquidity levels continue to be strong. Loan production was modest in the second quarter, largely due to more construction lending that we expect to fund gradually over time. Our loan production pipeline also remains solid, however, we are still expecting moderate loan growth this year. We believe our bond portfolio is well positioned to outperform many of our peers in what appears to be a protracted period of higher interest rates. Modest deposit growth is occurring in most categories. While there continues to be pressure on the cost of funds, rates have been leveling off. However, the current rate environment will continue to affect our margin in the coming quarters. We expect that our net interest margin will return to a more normalized level once the large nonperforming lending relationship is fully resolved. Additionally, if the Fed begins to cut short-term interest rates, we believe our balance sheet is positioned so that it will positively impact our margins."
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Stock_Titan
Stock_Titan Jul. 25 at 12:04 PM
$CARE Carter Bankshares, Inc. Announces Second Quarter 2024 Financial Results https://www.stocktitan.net/news/CARE/carter-bankshares-inc-announces-second-quarter-2024-financial-ak99lg8sgump.html
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Stock_Titan
Stock_Titan Apr. 25 at 12:04 PM
$CARE Carter Bankshares, Inc. Announces First Quarter 2024 Financial Results https://www.stocktitan.net/news/CARE/carter-bankshares-inc-announces-first-quarter-2024-financial-gr1yhif5zbjp.html
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StockInvest_us
StockInvest_us Feb. 28 at 9:45 AM
Signal alert: $CARE - PivotPoint bottom https://stockinvest.us/l/oEoiMqqHBX
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glnetadm
glnetadm Feb. 24 at 7:32 PM
$CRGEQ We should keep our faith in $CRGEQ. We trust $CARE management, not because they are good people, but for the mutual benefit of both of us! They will come back to NSDAQ to cash out!
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