Carter Bankshares, Inc. (CARE)

NASDAQ: CARE · IEX Real-Time Price · USD
12.88
-0.23 (-1.75%)
Mar 4, 2024, 4:00 PM EST - Market closed
-1.75%
Market Cap 300.96M
Revenue n/a
Net Income n/a
Shares Out 22.96M
EPS 1.00
PE Ratio 12.88
Forward PE 3.09
Dividend n/a
Ex-Dividend Date n/a
Volume 48,560
Open 13.17
Previous Close 13.11
Day's Range 12.71 - 13.31
52-Week Range 10.43 - 17.42
Beta 0.99
Analysts Buy
Price Target 17.00 (+31.99%)
Earnings Date Apr 25, 2024

About CARE

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 longer-term certificates of deposits. 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,... [Read more]

Sector Financials
Founded 1974
Employees 667
Stock Exchange NASDAQ
Ticker Symbol CARE
Full Company Profile

Analyst Forecast

According to one analyst, the rating for CARE stock is "Buy" and the 12-month stock price forecast is $17.0.

Price Target
$17.0
(31.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Carter Bank Introduces Carter ZEscrow

The digital banking solution is designed to help businesses improve efficiencies with escrow and subaccount management. MARTINSVILLE, VA / ACCESSWIRE / February 1, 2024 / Carter Bank (NASDAQ:CARE), a ...

4 weeks ago - Accesswire

Carter Bankshares, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / January 25, 2024 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced a net loss of $1.9 mil...

5 weeks ago - Accesswire

Carter Bank Celebrates 50 Years in 2024

MARTINSVILLE, VA / ACCESSWIRE / January 3, 2024 / Carter Bank (NASDAQ:CARE) is set for a big year in 2024, as the community bank headquartered in Martinsville is celebrating its 50th anniversary. The ...

2 months ago - Accesswire

Carter Bank Opens New Branch in Charlottesville

The Regional Banking Hub, located at 300 Preston Ave., is the Bank's third location in Charlottesville.

2 months ago - Accesswire

Carter Bankshares, Inc. Announces Third Quarter 2023 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / October 26, 2023 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income o...

4 months ago - Accesswire

Carter Bank Expands Partnership With The Liberty Flames

The Bank is now "The Preferred Community Bank of Liberty Flames Athletics." MARTINSVILLE, VA / ACCESSWIRE / August 29, 2023 / As Liberty University's athletic teams get ready to tackle their 2023-24 s...

6 months ago - Accesswire

Carter Bankshares, Inc. Announces Second Quarter 2023 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / July 27, 2023 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income of $...

7 months ago - Accesswire

Carter Bankshares, Inc. Announces Record First Quarter 2023 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / April 27, 2023 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced record quarterly net inc...

11 months ago - Accesswire

Carter Bankshares, Inc. Announces Record Fourth Quarter and Full Year 2022 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / January 26, 2023 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced record net income of $...

1 year ago - Accesswire

Carter Bank & Trust Announces the Promotion of Executives Matt Speare, Rich Spiker and Tony Kallsen to Senior Executive Vice President

In addition, Speare has been named the Bank's Chief Operations Officer, a change from his former role as Chief Information Officer. MARTINSVILLE, VA / ACCESSWIRE / January 24, 2023 / Carter Bank & Tru...

1 year ago - Accesswire

Carter Bankshares, Inc. Announces Record Third Quarter 2022 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / October 27, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced record net income of $...

1 year ago - Accesswire

Carter Bankshares, Inc. Announces Second Quarter 2022 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / July 28, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced net income of $10.8 milli...

1 year ago - Accesswire

Carter Bank & Trust Introduces a Limited-Time Take Your Pick Promotion

Take your pick promotion offers individuals and businesses the choice of two special interest rate savings options. MARTINSVILLE, VA / ACCESSWIRE / June 27, 2022 / For a limited time, Carter Bank & Tr...

1 year ago - Accesswire

Carter Bankshares, Inc. Announces First Quarter 2022 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / April 26, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced net income of $9.3 milli...

2 years ago - Accesswire

Carter Bank & Trust Set To Expand Into Charlotte

The Bank will open a regional banking hub, on East Morehead, for commercial and retail banking in early May. MARTINSVILLE, VA / ACCESSWIRE / April 13, 2022 / Carter Bank & Trust (NASDAQ:CARE) announce...

2 years ago - Accesswire

Carter Bank & Trust Announces the Promotion of Mortgage Director Richard Owen to Executive Vice President

Owen, who joined the bank in 2017, will continue to lead the Bank's Mortgage and Corporate Sales Divisions. MARTINSVILLE, VA / ACCESSWIRE / April 5, 2022 / Carter Bank & Trust (NASDAQ:CARE) (The "Bank...

2 years ago - Accesswire

Carter Bankshares, Inc. Appoints Two New Members to Board of Directors

Jacob A. Lutz, III and Curtis E. Stephens Will Help Guide the Continued Growth of Carter Bankshares, Inc. MARTINSVILLE, VA / ACCESSWIRE / March 24, 2022 / Carter Bankshares, Inc. (the "Company") (NASD...

2 years ago - Accesswire

Chrystal Parnell Joins Carter Bank & Trust to Serve as the Bank's First Chief Marketing and Communications Officer

Parnell brings more than two decades of experience in brand strategy and marketing to the newly created position. MARTINSVILLE, VA / ACCESSWIRE / March 23, 2022 / Carter Bank & Trust (NASDAQ:CARE) has...

2 years ago - Accesswire

Carter Bank & Trust Donates More Than $26,000 To Non-Profit Organizations In Q4, 2021

MARTINSVILLE, VA / ACCESSWIRE / March 1, 2022 / In continuing its reputation of caring for the communities it's privileged to serve, Carter Bank & Trust (NASDAQ:CARE) donated more than $26,000 to 23 n...

2 years ago - Accesswire

Carter Bankshares, Inc. Announces Fourth Quarter and Full Year 2021 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / January 27, 2022 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced net income of $5.6 mil...

2 years ago - Accesswire

Carter Bank & Trust Announces Partnership With HBCU Heroes To Help And Inspire The HBCU Community

The partnership will include $10,000 in needs-based scholarship funds for North Carolina Agricultural & Technical State University students. MARTINSVILLE, VA / ACCESSWIRE / December 17, 2021 / Carter ...

2 years ago - Accesswire

Carter Bank & Trust Continues Tradition of Care by Donating $31,370 to 23 Non-Profit Organizations in Q3

Donations were a part of the Bank's CARE Forward Campaign. MARTINSVILLE, VA / ACCESSWIRE / December 6, 2021 / Since 1974, Carter Bank & Trust (NASDAQ:CARE) has built a reputation of care by working to...

2 years ago - Accesswire

Carter Bankshares, Inc. Announces Third Quarter 2021 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / October 28, 2021 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced net income of $11.2 mi...

2 years ago - Accesswire

Carter Bankshares, Inc. Announces Second Quarter 2021 Financial Results

MARTINSVILLE, VA / ACCESSWIRE / July 29, 2021 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE) today announced net income of $5.4 million, or $0.21 diluted earnings per share, for the second qu...

2 years ago - Accesswire

Carter Bank & Trust Partners with Amercian Red Cross for the "Help Can't Wait" Campaign

The partnership is part of The Bank's larger C.A.R.E. FORWARD campaign.

3 years ago - Accesswire