Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 132.40M | 136.61M | 73.00K | 133.66M | 127.95M |
Gross Profit | 43.08M | 134.19M | 73.00K | 133.66M | 127.95M |
EBITDA | 0.00 | 0.00 | 67.78M | 41.93M | 0.00 |
Net Income | 24.52M | 23.38M | 50.12M | 31.59M | -45.86M |
Balance Sheet | |||||
Total Assets | 4.66B | 4.51B | 4.20B | 4.13B | 4.18B |
Cash, Cash Equivalents and Short-Term Investments | 849.57M | 54.53M | 883.14M | 1.20B | 1.02B |
Total Debt | 70.00M | 393.40M | 198.42M | 7.00M | 35.00M |
Total Liabilities | 4.27B | 4.16B | 3.88B | 7.00M | 35.00M |
Stockholders Equity | 384.31M | 351.24M | 328.63M | 407.60M | 440.17M |
Cash Flow | |||||
Free Cash Flow | 28.80M | 36.93M | 64.90M | 69.05M | -2.42M |
Operating Cash Flow | 36.94M | 46.73M | 70.79M | 77.54M | 7.70M |
Investing Cash Flow | -68.40M | -307.01M | -382.07M | -106.36M | -93.27M |
Financing Cash Flow | 108.11M | 267.94M | 80.35M | 64.67M | 201.69M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $405.92M | 10.48 | 9.81% | 1.49% | 18.63% | 37.17% | |
78 Outperform | $430.34M | 12.16 | 11.51% | 0.74% | 10.47% | 13.63% | |
75 Outperform | $419.83M | 9.57 | 22.26% | 2.16% | 1.20% | 46.86% | |
72 Outperform | $419.41M | 15.20 | 7.20% | ― | 13.73% | 111.06% | |
66 Neutral | $417.56M | ― | -1.47% | 3.88% | -15.92% | -147.11% | |
61 Neutral | C$14.65B | 6.10 | 22.26% | 5.60% | 27.38% | -22.40% | |
58 Neutral | $402.98M | 13.92 | 5.03% | 6.62% | 14.75% | -48.47% |
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.
On May 27, 2025, Carter Bankshares, Inc. announced the completion of its acquisition of deposits from two First Reliance Bank branches in Mooresville and Winston-Salem, North Carolina. This strategic move marks the Bank’s entry into the Winston-Salem market and expands its presence near Charlotte, reflecting its commitment to growth and service in North Carolina. The acquisition involved $55.9 million in deposits and the addition of 10 new associates, although no loans were acquired. The branches were converted and opened as Carter Bank branches immediately following the transaction, highlighting the Bank’s dedication to seamless transitions and strengthening its market position in the region.
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.
On May 20, 2025, Carter Bankshares, Inc. announced that its Board of Directors has approved a common share repurchase program, allowing the company to buy back up to $20 million of its common stock by May 14, 2026. This initiative provides management with the flexibility to repurchase shares based on various factors such as market conditions and the company’s financial health, potentially impacting the company’s stock value and shareholder returns.
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.
Carter Bankshares has released an investor presentation to provide financial data and insights to investors, analysts, and other interested parties. This presentation, available on the company’s website, aims to enhance understanding of the company’s financial position and strategic direction.