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Carter Bankshares Inc. (CARE)

$31.52

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Key data on CARE

Market cap

$700437755

EPS

4.87

P/E ratio

5.2

Price to sales

2.52

Dividend yield

1.269%

Beta

0.532046

Price on CARE

Previous close

$30.96

Today's open

$31.08

Day's range

$30.99 - $31.61

52 week range

$16.34 - $31.61

Profile about CARE

CEO

Litz H. Dyke

Employees

680

Headquarters

Martinsville, VA

Exchange

Nasdaq Global Select

Shares outstanding

22222010

Issue type

Common Stock

CARE industries and sectors

Finance

Banking

News on CARE

Should Value Investors Buy Carter Bankshares (CARE) Stock?

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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Zacks Investment Research • Jun 4, 2026

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Carter Bank Opens First South Carolina Location in Greenville

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.

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Accesswire • Jun 2, 2026

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Carter Bankshares: Resolving A Non-Performing Loan Is A Major Step

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.

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Seeking Alpha • May 19, 2026

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Are Investors Undervaluing Carter Bankshares (CARE) Right Now?

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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Zacks Investment Research • May 18, 2026

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Carter Bank Debuts No-Fee Youth Savings and Checking Accounts

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) today announced the launch of two new products, carter youth savings and carter youth checking, designed to help children and teens develop smart money habits and build a strong financial foundation. Available to youth from ages 6 up to 18 years old, these accounts give parents and guardians a hands-on role in guiding and monitoring their child's spending and saving habits. Once the account holder turns 18, the youth checking accoun.

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Business Wire • May 6, 2026

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What Makes Carter Bankshares, Inc. (CARE) a Strong Momentum Stock: Buy Now?

Does Carter Bankshares, Inc. (CARE) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Zacks Investment Research • May 4, 2026

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Carter Bankshares, Inc. Announces First Quarter 2026 Financial Results

MARTINSVILLE, VA / ACCESS Newswire / April 23, 2026 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $85.8 million, or $3.88 diluted earnings per share ("EPS"), for the first quarter of 2026 compared to net income of $8.5 million, or $0.38 diluted EPS, for the fourth quarter of 2025 and net income of $9.0 million, or $0.39 diluted EPS, for the first quarter of 2025. Net interest income was $35.9 million for the first quarter of 2026, $34.6 million for the fourth quarter of 2025, and $30.1 million for the first quarter of 2025.

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Accesswire • Apr 23, 2026

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Carter Bankshares, Inc. Declares Quarterly Dividend

MARTINSVILLE, VA / ACCESS Newswire / April 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 April 22, 2026. Based on the closing stock price on April 21, 2026 of $24.44, the annualized dividend yield is 1.64%.

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Accesswire • Apr 23, 2026

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Carter Bankshares, Inc. (CARE) Lags Q1 Earnings and Revenue Estimates

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $3.91 per share. This compares to earnings of $0.32 per share a year ago.

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Zacks Investment Research • Apr 23, 2026

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Carter Bankshares, Inc. (CARE) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Carter Bankshares (CARE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Zacks Investment Research • Apr 16, 2026

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