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Carter Bankshares Inc. (CARE)

$19.98

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Key data on CARE

Market cap

$441299139

EPS

1.36

P/E ratio

14.6

Price to sales

2.93

Dividend yield

--

Beta

0.620396

Price on CARE

Previous close

$19.97

Today's open

$20.07

Day's range

$19.86 - $20.09

52 week range

$13.61 - $20.53

Profile about CARE

CEO

Litz H. Dyke

Employees

680

Headquarters

Martinsville, VA

Exchange

Nasdaq Global Select

Shares outstanding

22087044

Issue type

Common Stock

CARE industries and sectors

Finance

Banking

News on CARE

Carter Bank Earns Multiple Industry Awards Following 2024 Rebrand

MARTINSVILLE, Va.--(BUSINESS WIRE)--Since unveiling its new brand identity one year ago, Carter Bank (Nasdaq: CARE) has earned multiple national honors recognizing its refreshed look and message. The Bank's rebrand received accolades from four leading industry programs: the Brandies, the MUSE Awards, the Transform Awards, and the Davey Awards. “When we introduced our new brand last year, it marked an important step in our journey to strengthen the ways we serve our customers and communities,” C.

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Business Wire • Dec 10, 2025

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Carter Bank Enters the South Carolina Market With Expansion Into Greenville

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) announced today an expansion into Greenville, S.C., strengthening the bank's footprint across Virginia and the Carolinas. This latest expansion builds on recent growth in Charlotte, Winston-Salem, Raleigh, and Gastonia. “We're excited to continue our expansion in the Carolinas and bring Carter Bank's relationship-driven approach to the Greenville market,” Carter Bank President and Chief Strategy Officer Brad Langs said. “Greenville'.

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Business Wire • Nov 20, 2025

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Carter Bank Joins the Federal Reserve Bank of Richmond as a State Member Bank

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bankshares, Inc. (the “Company”) (Nasdaq: CARE) today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond. The Company is already regulated by the Federal Reserve Bank of Richmond. The Company and Carter Bank will also continue to be.

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Business Wire • Nov 13, 2025

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New Strong Sell Stocks for Oct. 29th

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

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Zacks Investment Research • Oct 29, 2025

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Carter Bankshares, Inc. Announces Third Quarter 2025 Financial Results

MARTINSVILLE, VA / ACCESS Newswire / October 23, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $5.4 million, or $0.24 diluted earnings per share ("EPS"), for the third quarter of 2025 compared to net income of $8.5 million, or $0.37 diluted EPS, for the second quarter of 2025 and net income of $5.6 million, or $0.24 diluted EPS, for the third quarter of 2024. Net interest income was $33.7 million for the third quarter of 2025, $32.4 million for the second quarter of 2025, and $28.8 million for the third quarter of 2024.

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Accesswire • Oct 23, 2025

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Carter Bankshares, Inc. (CARE) Misses Q3 Earnings and Revenue Estimates

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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Zacks Investment Research • Oct 23, 2025

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Compared to Estimates, Carter Bankshares (CARE) Q3 Earnings: A Look at Key Metrics

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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Zacks Investment Research • Oct 23, 2025

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Carter Bank Expands Into Gastonia

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) has opened a new Loan Production Office in Gastonia, N.C., reinforcing the bank's commitment to growth in North Carolina. This expansion follows recent openings and expansions in Winston-Salem, Raleigh, and Mooresville. “Our new location in Gastonia highlights our dedication to supporting thriving business communities,” said Brad Langs, President and Chief Strategy Officer of Carter Bank. “Over the past 18 months, we've successfully.

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Business Wire • Sep 16, 2025

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Carter Bank Strengthens Leadership Team with Key Promotions

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) today announced the promotion of two employees, underscoring the company's commitment to community banking and recognizing their essential contributions to the bank's continued growth. President and Chief Strategy Officer Brad Langs shared that Andy Meece has been promoted to Senior Vice President, Director of Strategy and Finance, while Charlie Sword has been promoted to Senior Vice President, Controller. "Andy and Charlie have tru.

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Business Wire • Sep 2, 2025

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Why Carter Bankshares (CARE) Might be Well Poised for a Surge

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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Zacks Investment Research • Aug 25, 2025

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