Carter Bankshares, Inc. (CARE)

US — Financial Services Sector
Peers: AROW  RRBI  KRNY  NRIM  HBCP  PFIS  NFBK  ACNB  BSVN  FBIZ 

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Key Metrics & Ratings

  • symbol CARE
  • Rev/Share 10.1949
  • Book/Share 18.5177
  • PB 0.9704
  • Debt/Equity 0.4251
  • CurrentRatio 0.0
  • ROIC 0.0343

 

  • MktCap 407376306.0
  • FreeCF/Share 1.3134
  • PFCF 13.9127
  • PE 12.8563
  • Debt/Assets 0.0363
  • DivYield 0
  • ROE 0.0777

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 3
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CARE Hovde Group -- Outperform -- $22 Oct. 2, 2024

News

New Strong Sell Stocks for Oct. 29th
AHEXY, CARE, CTLP
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Negative

AHEXY, CARE and CTLP have been added to the Zacks Rank #5 (Strong Sell) List on October 29, 2025.

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image for news New Strong Sell Stocks for Oct. 29th
Compared to Estimates, Carter Bankshares (CARE) Q3 Earnings: A Look at Key Metrics
CARE
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Carter Bankshares (CARE) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Compared to Estimates, Carter Bankshares (CARE) Q3 Earnings: A Look at Key Metrics
Carter Bankshares, Inc. (CARE) Misses Q3 Earnings and Revenue Estimates
CARE
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Negative

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.23 per share a year ago.

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image for news Carter Bankshares, Inc. (CARE) Misses Q3 Earnings and Revenue Estimates
Why Carter Bankshares (CARE) Might be Well Poised for a Surge
CARE
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Carter Bankshares, Inc. (CARE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Why Carter Bankshares (CARE) Might be Well Poised for a Surge
Wall Street Analysts Think Carter Bankshares (CARE) Could Surge 26.44%: Read This Before Placing a Bet
CARE
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at a 26.4% 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.

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image for news Wall Street Analysts Think Carter Bankshares (CARE) Could Surge 26.44%: Read This Before Placing a Bet
Here's What Key Metrics Tell Us About Carter Bankshares (CARE) Q2 Earnings
CARE
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Carter Bankshares (CARE) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Here's What Key Metrics Tell Us About Carter Bankshares (CARE) Q2 Earnings
Carter Bankshares, Inc. (CARE) Beats Q2 Earnings Estimates
CARE
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.21 per share a year ago.

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image for news Carter Bankshares, Inc. (CARE) Beats Q2 Earnings Estimates
Carter Bankshares (CARE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
CARE
Published: April 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

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.

Read More
image for news Carter Bankshares (CARE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

About Carter Bankshares, Inc. (CARE)

  • IPO Date 2007-03-15
  • Website https://www.cbtcares.com
  • Industry Banks - Regional
  • CEO Litz H. Van Dyke
  • Employees 680

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.