Carter Bankshares

CARE · NASDAQ

$30.18+$0.43 (+1.45%)TodayMarket closed ·
Prev close $29.75

About CARE

Carter Bankshares, Inc. is a holding company, which engages in the provision of retail and commercial financial products and services and insurance products. The company is headquartered in Martinsville, Virginia and currently employs 687 full-time employees. The company went IPO on 2007-02-28. The firm is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). The company provides a full range of commercial banking, consumer banking, mortgage, and services. The Bank offers a full range of deposit services, including lifetime free checking, interest checking accounts, savings accounts, retirement accounts, and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. These products and services are available to its personal and business customers. The company also offers a full range of commercial and consumer loans. Commercial loans include both secured and unsecured loans, real estate construction and acquisition loans, and commercial and industrial loans. The company also provides safe deposit boxes, direct deposit of payroll and social security checks and debit cards. Online banking products include online account opening, bill pay, e-statements (paperless electronic statements).

Employees
687
Headquarters
Martinsville, Virginia
Listed
Feb 28, 2007
Sector
Financials
Industry
Banks

CARE key statistics

Market cap
668.91M
Price-earnings ratio
5.12
Dividend yield
—
Average volume
198.75K
Volume
159.71K
Open price
$29.85
High today
$30.72
Low today
$29.76
52 Week high
$36.06
52 Week low
$16.78

Carter Bankshares (CARE) at a glance

Carter Bankshares (CARE) last traded at $30.18, with a market cap of 668.91M and a price-to-earnings ratio of 5.12.

Today the stock has traded between $29.76 and $30.72. The current price is 1.4% above the day's low and 1.7% below its high.

Volume so far is 159.71K shares, in line with the average of 198.75K shares a day.

Over the past year Carter Bankshares has ranged from $16.78 to $36.06, and now sits 70% of the way up that range.

Carter Bankshares met or beat analyst EPS estimates in 5 of the last 8 quarters. In Q2 FY26 it reported $0.48 per share against an estimate of $0.7726.

The average analyst price target is $35.88, 18.9% above the current price, from 3 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

0%of 3 analyst ratings say Buy
  • Buy0.0%
  • Hold100.0%
  • Sell0.0%
Price target · 6 analystsAvg $35.88
Low
$30.30
Now
$30.18
High
$41.95

CARE earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 24.7% on average.

  1. Q3 FY24: reported $0.24 per share against an estimate of $0.2278
  2. Q4 FY24: reported $0.36 per share against an estimate of $0.2499
  3. Q1 FY25: reported $0.39 per share against an estimate of $0.289
  4. Q2 FY25: reported $0.41 per share against an estimate of $0.3298
  5. Q3 FY25: reported $0.26 per share against an estimate of $0.4216
  6. Q4 FY25: reported $0.41 per share against an estimate of $0.357
  7. Q1 FY26: reported $0.40 per share against an estimate of $2.80
  8. Q2 FY26: reported $0.48 per share against an estimate of $0.7726

CARE news

  • Press releaseBusiness Wire

    Carter Bank Strengthens Raleigh Presence with Commercial Banking Leader Kevin Lockhart

  • Press releaseBusiness Wire

    Carter Bank Debuts No-Fee Youth Savings and Checking Accounts

  • Press releaseBusiness Wire

    Carter Bank Earns Multiple Industry Awards Following 2024 Rebrand

  • Press releaseBusiness Wire

    Carter Bank Enters the South Carolina Market With Expansion Into Greenville

  • Press releaseBusiness Wire

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

  • Press releaseBusiness Wire

    Carter Bank Expands Into Gastonia

  • Press releaseBusiness Wire

    Carter Bank Strengthens Leadership Team with Key Promotions

  • Press releaseBusiness Wire

    Carter Bank Announces the Unexpected Passing of Executive Vice President Richard Owen

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.