TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Carter Bankshares ( (CARE) ) has shared an announcement.
Carter Bankshares, Inc. reported significant growth as of June 30, 2025, with an 8.8% increase in deposits compared to the previous year, and a robust liquidity position. The company continues to expand its footprint with recent acquisitions and corporate office expansions in North Carolina, reflecting its strategic focus on future growth and market presence.
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 benefits from solid financial performance and positive corporate events, such as strategic acquisitions and a share buyback program. While technical indicators suggest current overbought conditions, the company’s fair valuation supports its overall attractiveness. The lack of dividend yield is a minor drawback.
To see Spark’s full report on CARE stock, click here.
More about Carter Bankshares
Carter Bankshares, Inc., headquartered in Martinsville, Virginia, operates in the financial services industry, primarily offering banking services through its subsidiary, Carter Bank & Trust. The company has a strong regional presence with 64 branches and 10 corporate centers, focusing on retail customers and maintaining a diversified deposit base.
Average Trading Volume: 86,064
Technical Sentiment Signal: Strong Buy
Current Market Cap: $419.2M
Find detailed analytics on CARE stock on TipRanks’ Stock Analysis page.