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Carter Bankshares Inc. (CARE)

$30.70

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Key data on CARE

Market cap

$680432682

EPS

5.81

P/E ratio

5.1

Price to sales

3.12

Dividend yield

1.303%

Beta

0.59341

Price on CARE

Previous close

$30.37

Today's open

$30.32

Day's range

$30.11 - $30.89

52 week range

$16.78 - $36.06

Profile about CARE

CEO

Litz H. Dyke

Employees

680

Headquarters

Martinsville, VA

Exchange

Nasdaq Global Select

Shares outstanding

22163931

Issue type

Common Stock

CARE industries and sectors

Finance

Banking

News on CARE

Implied Volatility Surging for Carter Bankshares Stock Options

Investors need to pay close attention to CARE stock based on the movements in the options market lately.

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Zacks Investment Research • Oct 15, 2026

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CEO Litz Van Dyke Reflects on 10 Years with Carter Bank

Van Dyke joined the organization in the summer of 2016 and was named CEO in April of 2017, marking a decade of leadership. MARTINSVILLE, VA / ACCESS Newswire / September 24, 2026 / Carter Bank (NASDAQ:CARE) CEO Litz Van Dyke, recently celebrated a decade of service, including the last nine years at the helm of the Virginia-based community bank.

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Accesswire • Sep 24, 2026

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Carter Bank Strengthens Raleigh Presence with Commercial Banking Leader Kevin Lockhart

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) is pleased to announce that Kevin Lockhart will lead the Bank's commercial banking efforts in Raleigh, N.C. A veteran commercial banker with more than 30 years of experience, Lockhart has spent the past 8 years as a Regional Executive overseeing the Roanoke and New River Valley regions in Virginia. Lockhart brings extensive expertise and well-established Raleigh-based business relationships to the role, further bolstering the Bank's.

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Business Wire • Sep 15, 2026

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Carter Bankshares, Inc. Establishes Dividend Reinvestment and Stock Purchase Plan

MARTINSVILLE, VA / ACCESS Newswire / August 11, 2026 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE) today announced the establishment of its Dividend Reinvestment and Stock Purchase Plan (the "Plan"). The Company will offer up to 1,000,000 shares of common stock to existing shareholders of the Company for purchase under the Plan.

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Accesswire • Aug 11, 2026

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Last Chance – 5 Dividend Stocks You Must Buy This Week to Get Paid in August

Income investors have intriguing opportunities and a narrow decision window this week.

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24/7 Wall Street • Aug 5, 2026

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Carter Bankshares, Inc. Announces Second Quarter 2026 Financial Results

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.

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Accesswire • Jul 23, 2026

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Carter Bankshares, Inc. Declares Quarterly Dividend

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%.

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Accesswire • Jul 23, 2026

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Carter Bankshares, Inc. (CARE) Q2 Earnings and Revenues Top Estimates

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.

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Zacks Investment Research • Jul 23, 2026

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Carter Bank Named Best Bank in Virginia by Forbes

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.

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Accesswire • Jul 14, 2026

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U.S. Bank Stocks Enjoy Banner Month In June

The US banking sector experienced a broad-based market rally in June. The market cap-weighted S&P US BMI Banks index's total return for the month was 9.3%, compared to a 1% decline in the S&P 500.

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Seeking Alpha • Jul 7, 2026

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