Financial Services -
Banks - Regional - NASDAQ - US
$ 18.25
2.07 %
$ 423 M
Market Cap
15.21
P/E
1. INTRINSIC VALUE
Balance Sheet
Carter Bankshares, Inc.
| Current Assets | 850 M |
| Cash & Short-Term Investments | 786 M |
| Receivables | 63.4 M |
| Other Current Assets | 0 |
| Non-Current Assets | 3.81 B |
| Long-Term Investments | 3.56 B |
| PP&E | 74.3 M |
| Other Non-Current Assets | 176 M |
| Current Liabilities | 4.15 B |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 4.15 B |
| Non-Current Liabilities | 121 M |
| Long-Term Debt | 70 M |
| Other Non-Current Liabilities | 51.5 M |
EFFICIENCY
Earnings Waterfall
Carter Bankshares, Inc.
| Revenue | 240 M |
| Cost Of Revenue | 102 M |
| Gross Profit | 137 M |
| Operating Expenses | 107 M |
| Operating Income | 30.9 M |
| Other Expenses | 6.35 M |
| Net Income | 24.5 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Carter Bankshares, Inc.
| Net Income | 24.5 M |
| Depreciation & Amortization | 7.06 M |
| Capital Expenditures | -8.13 M |
| Stock-Based Compensation | 1.75 M |
| Change in Working Capital | 1.83 M |
| Others | 402 K |
| Free Cash Flow | 28.8 M |
Wall Street Analysts Price Targets
Carter Bankshares, Inc.
CARE has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.14 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Carter Bankshares, Inc.
Sold
0-3 MONTHS
280 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
3.29 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ambry Genetics' CARE Program Validated for Accuracy in Identifying High-Risk Patients for Hereditary Cancer Testing
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Ambry Genetics, now a wholly owned subsidiary of Tempus AI, Inc. (NASDAQ: TEM) company and a leader in clinical genomic testing, announced today that a peer-reviewed study validating the accuracy of the Ambry CARE Program® (CARE) for hereditary cancer risk assessment has been published in the Journal of the National Comprehensive Cancer Network. The study, “Validation of a Digital Tool that Uses National Testing Guidelines to Identify Individuals at Risk fo.
businesswire.com
- 3 weeks ago
Carter Bank Completes the Purchase of Two First Reliance Bank Branches in North Carolina
Through the purchase, the bank will enter the Winston-Salem market for the first time, while expanding operations near Charlotte. MARTINSVILLE, VA / ACCESS Newswire / May 27, 2025 / Carter Bankshares, Inc. (Nasdaq:CARE), the holding company for Carter Bank (the "Bank"), announced today the completion of the previously announced Purchase and Assumption for the deposits associated with two branches in Mooresville and Winston-Salem, North Carolina with First Reliance Bankshares, Inc. (OTC: FSRL), the holding company for First Reliance Bank.
accessnewswire.com
- 1 month ago
SBLI Delivers Faster, Simpler Claim Payouts with CARE from Swiss Re
WOBURN, Mass.--(BUSINESS WIRE)--SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has introduced a new advancement to its claims experience with the integration of Swiss Re's CARE claims decision engine. Developed by Swiss Re, a leading global provider of reinsurance and insurance-based risk solutions, CARE (Claims Automated Rules Engine) is designed to support intelligent claim assessments with configurable, risk-based rules. It enables insurers to make faster, more accura.
businesswire.com
- 2 months ago
Carter Bankshares (CARE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Carter Bankshares (CARE) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 2 months ago
Carter Bankshares, Inc. (CARE) Q1 Earnings and Revenues Beat Estimates
Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.24 per share a year ago.
zacks.com
- 2 months ago
Carter Bankshares, Inc. Announces First Quarter 2025 Financial Results
MARTINSVILLE, VA / ACCESS Newswire / April 24, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $9.0 million, or $0.39 diluted earnings per share ("EPS"), for the first quarter of 2025 compared to net income of $8.3 million, or $0.36 diluted EPS, for the fourth quarter of 2024 and net income of $5.8 million, or $0.25 diluted EPS, for the first quarter of 2024. Pre-tax pre-provision income1 was $9.0 million for the first quarter of 2025, $5.6 million for the fourth quarter of 2024 and $7.2 million for the first quarter of 2024.
accessnewswire.com
- 2 months ago
Carter Bankshares (CARE) Surges 5.0%: Is This an Indication of Further Gains?
Carter Bankshares (CARE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
- 3 months ago
Ping An Health Releases 2024 ESG Report
Driving Sustainable Healthcare with "CARE" Strategy HONG KONG and SHANGHAI , March 25, 2025 /PRNewswire/ -- Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", "Ping An Health" or "the Company", Stock Code: 1833.HK) recently released its 2024 Environmental, Social, and Governance (ESG) Report, outlining the Company's CARE sustainability strategy built on the pillars of Comprehensive Sustainability, Advanced Technology Empowerment, Robust Information Security Protection, and Extensive Social Responsibility. Guided by the principle of "Technology for Humanity, Healthcare with Warmth," Ping An Health aims to be a leading, trusted provider of healthcare and elderly care services, driving high-quality, sustainable development in the industry.
prnewswire.com
- 3 months ago
AMGEN TO PRESENT AT THE 45TH ANNUAL TD COWEN HEALTH CARE CONFERENCE
THOUSAND OAKS, Calif. , Feb. 28, 2025 /PRNewswire/ -- Amgen (NASDAQ: AMGN) will present at the 45th Annual TD Cowen Health Care Conference at 9:10 a.m.
prnewswire.com
- 4 months ago
Wall Street Analysts Believe Carter Bankshares (CARE) Could Rally 29.65%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 29.7% in Carter Bankshares (CARE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
- 4 months ago
Does Carter Bankshares (CARE) Have the Potential to Rally 30.53% as Wall Street Analysts Expect?
The consensus price target hints at a 30.5% upside potential for Carter Bankshares (CARE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
zacks.com
- 5 months ago
Best Value Stocks to Buy for January 24th
CMTG, ICL and CARE made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2025.
zacks.com
- 5 months ago
8. Profile
Summary
Carter Bankshares, Inc. CARE
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 423 M
Dividend Yield
0.00%
Description
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. It operates through 69 branches in Virginia and North Carolina. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.
Contact
1300 Kings Mountain Road, Martinsville, VA, 24112
https://www.cbtcares.com
IPO
Date
March 15, 2007
Employees
680
Officers
Misty Powell
Assistant Vice President
Mr. Litz H. Van Dyke
Chief Executive Officer & Director
Mr. A. Loran Adams
Executive Vice President & Director of Regulatory Risk Management
Ms. Joyce A. Parker
Secretary
Ms. Phyllis Q. Karavatakis
Vice Chairman
Ms. Wendy S. Bell
Senior EVice President and Chief Financial Officer
Bill Hubble
Vice President and Managing Officer of Blacksburg Office