Carter Bankshares (CARE)
NASDAQ:CARE
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Carter Bankshares
(NASDAQ:CARE)
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Rating:69Neutral
Price Target:
$24.00
▲(19.17% Upside)
Action:ReiteratedDate:03/27/26
The score is driven primarily by solid but historically volatile financial performance, with improved recent profitability and cash flow. Technicals show an uptrend but mixed momentum, valuation appears reasonable on P/E, and corporate events are a clear positive due to meaningful nonperforming-loan cleanup and a planned buyback.
Positive Factors
Asset-quality cleanup
The cash sale materially reduces nonperforming loans and lowers allowance needs, cutting provisioning volatility. Improved asset quality and higher tangible book bolster capital ratios and free capacity to originate loans or return capital, strengthening balance-sheet durability and investor confidence.
Negative Factors
Leverage variability
Wide swings in leverage reflect an inconsistent capital and risk strategy. Variable debt levels can increase funding costs, complicate regulatory interactions, and make earnings and capital returns less predictable, constraining strategic planning and investor visibility on risk appetite.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset-quality cleanup
The cash sale materially reduces nonperforming loans and lowers allowance needs, cutting provisioning volatility. Improved asset quality and higher tangible book bolster capital ratios and free capacity to originate loans or return capital, strengthening balance-sheet durability and investor confidence.
Read all positive factors
Carter Bankshares (CARE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$507.12M
Dividend YieldN/A
Average Volume (3M)87.03K
Price to Earnings (P/E)12.7
Beta (1Y)0.74
Revenue Growth6.62%
EPS Growth117.46%
CountryUS
Employees680
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.41
Shares Outstanding22,164,454
10 Day Avg. Volume91,559
30 Day Avg. Volume87,025
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)1.05
Price to Sales (P/S)1.73
P/FCF Ratio13.88
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit3.77
Enterprise Value/Ebitda12.67
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)2.47
Revenue Forecast (FY)$176.81M
Carter Bankshares Business Overview & Revenue Model
Company Description
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as w...
How the Company Makes Money
Carter Bankshares makes money primarily through its banking subsidiary by earning interest income and generating fee-based (noninterest) income. The largest driver is net interest income: the bank earns interest on loans (e.g., commercial, consume...
Carter Bankshares Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
62
Positive
Cash Flow
68
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 254.63M | 239.67M | 211.82M | 179.15M | 156.38M |
| Gross Profit | 157.06M | 137.45M | 131.31M | 155.97M | 131.58M |
| EBITDA | 40.00M | 37.92M | 34.97M | 67.78M | 41.93M |
| Net Income | 31.36M | 24.52M | 23.38M | 50.12M | 31.59M |
Balance Sheet | |||||
| Total Assets | 4.85B | 4.66B | 4.51B | 4.20B | 4.13B |
| Cash, Cash Equivalents and Short-Term Investments | 796.77M | 786.12M | 774.17M | 883.14M | 1.20B |
| Total Debt | 178.50M | 70.00M | 393.40M | 198.42M | 7.00M |
| Total Liabilities | 4.43B | 4.27B | 4.16B | 3.88B | 3.73B |
| Stockholders Equity | 419.70M | 384.31M | 351.24M | 328.63M | 407.60M |
Cash Flow | |||||
| Free Cash Flow | 31.81M | 28.80M | 36.93M | 64.90M | 69.05M |
| Operating Cash Flow | 39.86M | 36.94M | 46.73M | 70.79M | 77.54M |
| Investing Cash Flow | -155.91M | -68.40M | -307.01M | -382.07M | -106.36M |
| Financing Cash Flow | 90.04M | 108.11M | 267.94M | 80.35M | 64.67M |
Carter Bankshares Technical Analysis
Positive
20.14
Price Trends
20.94
Positive
19.90
Positive
19.16
Positive
Market Momentum
0.11
Negative
74.52
Negative
77.51
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CARE, the sentiment is Positive. The current price of 20.14 is below the 20-day moving average (MA) of 20.51, below the 50-day MA of 20.94, and above the 200-day MA of 19.16, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 74.52 is Negative, neither overbought nor oversold. The STOCH value of 77.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CARE.
Carter Bankshares Risk Analysis
Carter Bankshares disclosed 36 risk factors in its most recent earnings report. Carter Bankshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Carter Bankshares Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $591.29M | 11.15 | 12.35% | 0.73% | 7.81% | 26.91% | |
74 Outperform | $376.97M | 8.99 | 19.46% | 2.40% | -6.72% | 19.64% | |
73 Outperform | $470.89M | 9.75 | 11.03% | 1.92% | 6.25% | 24.92% | |
72 Outperform | $442.09M | 8.80 | 14.27% | 2.08% | 8.21% | 29.65% | |
69 Neutral | $507.12M | 12.67 | 7.65% | ― | 6.62% | 117.46% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | $407.81M | 14.61 | 6.16% | 3.69% | 50.36% | -56.64% |
* Financial Sector Average
CARE
Carter Bankshares
22.88
6.56
40.20%
FBIZ
First Business Financial
52.99
6.47
13.90%
HBCP
Home Bancorp
60.09
15.77
35.58%
BSVN
Bank7
39.60
1.30
3.40%
RRBI
Red River Bancshares
89.90
39.17
77.20%
COFS
ChoiceOne Financial Services
27.22
-0.45
-1.64%
Carter Bankshares Corporate Events
Business Operations and StrategyFinancial Disclosures
Carter Bankshares Sells Nonperforming Justice-Linked Loan Portfolio
Positive
Mar 26, 2026
On March 26, 2026, Carter Bankshares, Inc. announced that Carter Bank Trust completed an absolute, as-is sale of all loans, subsequently reduced to judgments, tied to entities affiliated with James C. Justice II to an unaffiliated third party for...
Business Operations and StrategyStock Buyback
Carter Bankshares Announces $10 Million Share Repurchase Program
Positive
Feb 2, 2026
On February 2, 2026, Carter Bankshares, Inc. announced that its board of directors had authorized a common share repurchase program of up to $10 million of the company’s common stock, to be carried out over a 12‑month period following ...
Business Operations and StrategyFinancial Disclosures
Carter Bankshares updates Q4 2025 investor presentation
Positive
Jan 30, 2026
Carter Bankshares has released an updated investor presentation for the fourth quarter and full year ended 2025, outlining the financial and operational profile management is using in discussions with investors and analysts. The materials highligh...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.