C
Financials

Carter Bankshares, Inc.

CARE
Since

Headquarters:

VA, United States

Exchange:

NASDAQ

Industry:

Banks—Regional

Number of Employees:

679.00

Current Fiscal Year:

2024

Market Cap:

359.23M

Price per Share:

$15.57

Quarterly Dividend per Share:

Year-to-date Performance:
-9.6344%
Dividend Yield:
%
Price-to-book Ratio:
0.93
Trailing P/E Ratio:
25.02

Price History

Latest Prices

DateOpenHighLowClose
2025-04-2915.3615.580115.3515.57
2025-04-2815.2915.5815.2915.43
2025-04-2515.4815.59515.2615.31
2025-04-2416.0516.0515.5315.69
2025-04-2315.6615.7615.2315.34

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. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

Financial Performance

2024 Revenue:127.61M

Detailed view of quarterly revenue

2024 Net Income:14.36M

Detailed view of quarterly net income

2024 Free Cash Flow:26.55M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

Similar Companies

Financials
B
Blue Ridge Bankshares, Inc.
Blue Ridge Bankshares, Inc. operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit. It also offers commercial and industrial, residential mortgages, commercial mortgages, home equity, consumer installment, and guaranteed government loans; and residential mortgage loans and mortgages loans on real estate. In addition, it provides wire, direct deposit payroll, remote deposit, electronic statement, and other services; and property and casualty insurance products to individuals and businesses, as well as online, mobile, and telephone banking services. Further, the company offers employee benefit plans and administration services; management services for personal and corporate trusts, including estate planning and settlement, and trust administration, investment and wealth management services. It operates in Callao, Charlottesville, Chester, Colonial Heights, Culpeper, Fredericksburg, Gordonsville, Harrisonburg, Hartfield, Henrico, Kilmarnock, Louisa, Luray, Martinsville, Midlothian, Mineral, Montross, Orange, Petersburg, Richmond, Shenandoah, Suffolk, Virginia Beach, Warsaw, and White Stone, Virginia; and Greensboro, North Carolina. The company was founded in 1893 and is headquartered in Charlottesville, Virginia.
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Market Cap
*Data based on the last 12 months.