CARE Stock Overview
Operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Carter Bankshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.25 |
| 52 Week High | US$20.40 |
| 52 Week Low | US$10.95 |
| Beta | 1.01 |
| 1 Month Change | -15.80% |
| 3 Month Change | -8.45% |
| 1 Year Change | 17.16% |
| 3 Year Change | -0.25% |
| 5 Year Change | -22.69% |
| Change since IPO | 35.42% |
Recent News & Updates
Recent updates
Analysts Just Made A Major Revision To Their Carter Bankshares, Inc. (NASDAQ:CARE) Revenue Forecasts
Aug 01
It Looks Like Carter Bankshares, Inc.'s (NASDAQ:CARE) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 17Would Shareholders Who Purchased Carter Bankshares' (NASDAQ:CARE) Stock Three Years Be Happy With The Share price Today?
Mar 05How Much Are Carter Bankshares, Inc. (NASDAQ:CARE) Insiders Taking Off The Table?
Jan 28Carter Bank inks agreement with Pendleton Community Bank
Jan 14Carter Bank & Trust EPS of -$2.19
Oct 29Shareholder Returns
| CARE | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.7% | -1.8% | -2.1% |
| 1Y | 17.2% | 30.3% | 21.3% |
Return vs Industry: CARE underperformed the US Banks industry which returned 33.2% over the past year.
Return vs Market: CARE underperformed the US Market which returned 23.2% over the past year.
Price Volatility
| CARE volatility | |
|---|---|
| CARE Average Weekly Movement | 4.9% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CARE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CARE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | 679 | Litz Van Dyke | www.carterbank.com |
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. 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, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans.
Carter Bankshares, Inc. Fundamentals Summary
| CARE fundamental statistics | |
|---|---|
| Market cap | US$392.45m |
| Earnings (TTM) | US$14.20m |
| Revenue (TTM) | US$128.51m |
26.4x
P/E Ratio1.0x
P/B RatioIs CARE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CARE income statement (TTM) | |
|---|---|
| Revenue | US$128.51m |
| Cost of Revenue | US$0 |
| Gross Profit | US$128.51m |
| Other Expenses | US$114.30m |
| Earnings | US$14.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.62 |
| Gross Margin | 100.00% |
| Net Profit Margin | 11.05% |
| Debt/Equity Ratio | 28.9% |
How did CARE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 23:05 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carter Bankshares, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Marinac | FIG Partners |
| Feddie Strickland | Hovde Group, LLC |
| Christopher Marinac | Janney Montgomery Scott LLC |