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Carter Bankshares CEO Announces Medical Leave

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Carter Bankshares CEO Announces Medical Leave

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Carter Bankshares ( (CARE) ) has provided an announcement.

On August 11, 2025, Litz H. Van Dyke, CEO of Carter Bankshares, Inc., informed employees about a medical issue requiring surgery. Despite the upcoming procedure, Van Dyke assured that he would remain engaged in bank operations with the support of the executive team, indicating no expected disruptions in operations.

The most recent analyst rating on (CARE) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Carter Bankshares stock, see the CARE Stock Forecast page.

Spark’s Take on CARE Stock

According to Spark, TipRanks’ AI Analyst, CARE is a Outperform.

Carter Bankshares’ overall score is driven by solid financial performance and strategic corporate events, such as acquisitions and a share buyback program, which support future growth. Technical analysis and valuation are neutral, indicating a balanced risk-reward profile.

To see Spark’s full report on CARE stock, click here.

More about Carter Bankshares

Average Trading Volume: 88,976

Technical Sentiment Signal: Strong Buy

Current Market Cap: $394.7M

For detailed information about CARE stock, go to TipRanks’ Stock Analysis page.

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