Carter Bankshares, Inc. is the banking holding company for Carter Bank & Trust offering a variety of banking products and services. The company is headquartered in Martinsville, Virginia.
| Revenue (TTM) | $286.21M |
| Gross Profit (TTM) | $286.21M |
| EBITDA | — |
| Operating Margin | 55.00% |
| Return on Equity | 27.20% |
| Return on Assets | 2.68% |
| Revenue/Share (TTM) | $13.03 |
| Book Value | $24.33 |
| Price-to-Book | 1.40 |
| Price-to-Sales (TTM) | 2.68 |
| EV/Revenue | 3.533 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 253.90% |
| Quarterly Revenue Growth (YoY) | 68.30% |
| Shares Outstanding | $22.22M |
| Float | $19.74M |
| % Insiders | 2.26% |
| % Institutions | 59.24% |
Volatility is currently contracting
Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.41 per share a year ago.
MARTINSVILLE, VA / ACCESS Newswire / July 23, 2026 / The board of directors of Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank"), approved a cash dividend of $0.10 per share on July 22, 2026. Based on the closing stock price on July 22, 2026 of $32.92, the annualized dividend yield is 1.22%.
MARTINSVILLE, VA / ACCESS Newswire / July 23, 2026 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $28.9 million, or $1.31 diluted earnings per share ("EPS"), for the second quarter of 2026 compared to net income of $85.8 million, or $3.88 diluted EPS, for the first quarter of 2026 and net income of $8.5 million, or $0.37 diluted EPS, for the second quarter of 2025. Net interest income was $40.0 million for the second quarter of 2026, $35.9 million for the first quarter of 2026, and $32.4 million for the second quarter of 2025.
The Martinsville-based community bank topped the magazine's 2026 Best In State Banks list. MARTINSVILLE, VA / ACCESS Newswire / July 14, 2026 / Leading business magazine Forbes recently named Carter Bank (Nasdaq:CARE) the Best Bank in Virginia in the magazine's 2026 America's Best-In-State Banks ranking.
As of June 29, 2026, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Located in the Daniel Building, the Loan Production Office will house the Bank's Commercial Banking team. GREENVILLE, SC / ACCESS Newswire / June 2, 2026 / Carter Bank (Nasdaq:CARE) announced today the opening of a Loan Production Office in Greenville, marking the bank's first physical location in the Palmetto State.
Carter Bankshares (CARE) executed a transformative sale of non-performing loans, realizing a $65M gain and boosting tangible book value to $22.69 per share. CARE's Q1 reported EPS of $3.88 is inflated by non-recurring items; underlying earnings are closer to $0.40 per share. With $228M+ in cash post-sale, CARE is positioned to redeploy capital into higher-yielding assets, likely driving net interest income growth in Q2 and Q3.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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