NASDAQ : CARE

Carter Bankshares, Inc.

$33.35 USD

$0.29 (0.88%)

Volume
503.37K
Average Volume
371.82K
Market Capitalization
$741.1M
P/E Ratio
6.76
Dividend Yield
0.30%
Price Target
$28.50
Year High
$35.03
Year Low
$16.78
Day High
—
Day Low
—
Payout Ratio
$0.00
Current Ratio
$0.14
Company Overview

NASDAQ

Litz H. Van Dyke

Banks - Regional

Financial Services

CARE

687

US

USD

https://www.carterbank.com

276 656 1776

146103106

0001829576

Liquidity Metrics

0.00

0.14

0.14

0.05

0.00

Sales & Valuation

$254.63M

2.32

1.44

2.25

15.07

Profitability

$1.4

$31.36M

33.81%

43.41%

24.82%

2.25%

P/E Metrics

6.76

0.02

0.02

Analyst Price Target & Rating

$28.50

$30.00

$27.00

Buy

4/5

5 Analysts

17.02%

Poll Results

About Carter Bankshares, Inc. (NASDAQ:CARE) Stock

Carter Bankshares, Inc. functions as the parent company for Carter Bank & Trust, delivering a comprehensive suite of banking solutions. It provides a variety of deposit accounts, including checking, savings, retirement, money market, and longer-term certificates of deposit. The institution also offers diverse loan products, such as secured and unsecured commercial loans, alongside consumer loans for purposes like auto financing, home improvements, education, overdraft protection, and personal investments. Additionally, it originates and holds residential mortgages (both fixed and variable rate), real estate construction and acquisition loans, home equity lines of credit, and credit cards. Beyond lending and deposits, Carter Bank & Trust furnishes other banking conveniences including safe d ... eposit boxes, direct deposit services, extensive online and mobile banking capabilities (featuring bill pay, online account opening, and mobile deposit), debit cards, e-statements, and ATM access. The company further provides title insurance, various financial institution-related products, and treasury and corporate cash management services. Founded in 1974 and based in Martinsville, Virginia, Carter Bankshares, Inc. operates 69 branch locations spanning Virginia and North Carolina.

Carter Bank Named Best Bank in Virginia by Forbes

2026-07-14 09:00:00

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.

Top 3 Financial Stocks That May Fall Off A Cliff In Q2

2026-06-29 08:58:02

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.

Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last

2026-06-16 15:00:00

Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last PR Newswire OA

DEPEND® AND DEION "COACH PRIME" SANDERS ENCOURAGE PROACTIVE CARE DURING MEN'S HEALTH MONTH

2026-06-15 11:42:00

Coach Prime encourages men to get their annual physicals and shares words of encouragement as the new face of Depend Real Fit® packaging CHICAGO, June 15, 2026 /PRNewswire/ -- This Men's Health Month, Depend®, the #1 brand of absorbent underwear, and Deion "Coach Prime" Sanders are encouraging men to take a proactive approach to their health with "Depend Wake Up Calls" – reminding Men to stop putting off regular checkups and screenings. Now through the end of the month, consumers can sign up to receive a video message from Coach Prime, delivered in his signature motivational style and centered on accountability, preparation, and confidence.

Starwood Property Trust Awarded 2026 Nareit Gold Investor CARE Award

2026-06-08 07:00:00

– Company Has Won Nareit's Gold Investor CARE Award in the Mortgage REIT Category 10 Times Since the Category's Introduction in 2014 – MIAMI BEACH, Fla., June 8, 2026 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) (the "Company") today announced that it has received the 2026 Nareit Gold Investor CARE (Communications & Reporting Excellence) Award in the mortgage REIT category.

Should Value Investors Buy Carter Bankshares (CARE) Stock?

2026-06-04 10:41:31

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.

Carter Bank Opens First South Carolina Location in Greenville

2026-06-02 11:00:00

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: Resolving A Non-Performing Loan Is A Major Step

2026-05-19 10:30:51

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.

Frequently Asked Questions

What is the current Carter Bankshares, Inc. (CARE) stock price?

Carter Bankshares, Inc.(NASDAQ:CARE) stock price is $33.35 in the last trading session. During the trading session, CARE stock reached the peak price of $35.03 while $16.78 was the lowest point it dropped to. The percentage change in CARE stock occurred in the recent session was 0.88% while the dollar amount for the price change in CARE stock was $0.29.

CARE's industry and sector of operation?

The NASDAQ listed CARE is part of Banks - Regional industry that operates in the broader Financial Services sector.

Who are the executives of CARE?

Phyllis Q. Karavatakis | Vice Chairman
Joyce A. Parker | Secretary
Litz H. Van Dyke | Chief Executive Officer & Director
Brad Wilson | Senior Vice President & Commercial Market Executive
Jayson Philbeck | Senior Vice President of Commercial Banking

How many employees does CARE have?

Number of CARE employees currently stands at 687. CARE operates from 1300 Kings Mountain Road, Martinsville, VA 24112, US.

Link for CARE official website?

Official Website of CARE is: https://www.carterbank.com

How do I contact CARE?

CARE could be contacted at phone #276 656 1776 and can also be accessed through its website. CARE operates from 1300 Kings Mountain Road, Martinsville, VA 24112, US.

How many shares of CARE are traded daily?

The average number of CARE shares traded daily for last 3 months was 371.82K.

What is the market cap of CARE currently?

The market value of CARE currently stands at $741.1M with its latest stock price at $33.35