Carter Bankshares Holds 2025 Annual Shareholders Meeting

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

On May 28, 2025, Carter Bankshares, Inc. held its 2025 Annual Meeting of Shareholders, where a total of 19,189,660 shares were voted. During the meeting, 11 directors were elected to serve until the 2026 Annual Meeting, the compensation of the company’s named executive officers was approved in an advisory vote, and Crowe LLP was ratified as the independent auditors for the fiscal year ending December 31, 2025. These decisions reflect the company’s ongoing governance and operational strategies, impacting its leadership continuity and financial oversight.

The most recent analyst rating on (CARE) stock is a Hold with a $13.00 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 Neutral.

Carter Bankshares scores 63, driven by strong financial performance and a strategic rebranding effort. While financials reveal robust revenue growth and a debt-free balance sheet, cash flow growth remains a challenge. Technically, the stock is in a bearish phase, though valuation appears reasonable. The recent corporate event boosts future growth potential. Focus on cash flow improvement and market momentum could enhance the outlook.

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

More about Carter Bankshares

Carter Bankshares, Inc. operates in the financial services industry, primarily offering banking products and services. The company focuses on providing a range of financial solutions to its customers, including personal and business banking services.

Average Trading Volume: 68,045

Technical Sentiment Signal: Buy

Current Market Cap: $381.4M

See more data about CARE stock on TipRanks’ Stock Analysis page.