Carter Bankshares, Inc.
NMS: CARELive Quote
📈 ZcoreAI Score
Our AI model analyzes Carter Bankshares, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.
Get CARE Z-Score →About Carter Bankshares, Inc.
Financial Services
Banks - Regional
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans, such as secured and unsecured, real estate construction and acquisition, and commercial and industrial loans; consumer loans, such as automobiles, home improvements, education, overdraft protection, and personal, and residential mortgages loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it offers other banking services that include safe deposit boxes, direct deposit of payroll, social security checks, and debit cards; online banking products, including online and mobile banking, online account opening, bill payment, electronic statement, mobile deposit, Zelle, credit monitoring tools, digital wallet, MoneyPass, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.
📊 Fundamental Analysis
Carter Bankshares, Inc. demonstrates a profit margin of 20.0%, which is below the sector average, suggesting competitive pressure.
The company recently reported 6.4% revenue growth, which is above average for the Financial Services sector.
Return on Equity (ROE) is 7.8%, which suggests room for improvement in capital utilization.
At a current price of $24.40, CARE currently trades near the top of its 52-week range (96%) (Range: $13.76 - $24.86).
💰 Valuation Insight
CARE trades at a 47.3% premium to the sector average PE of 12.00. Analysts expect earnings growth, as indicated by a lower forward PE.
🏥 Financial Health
🔴
Profit Margin
Weak
⚠️
Revenue Growth
Moderate
🔴
Return on Equity
Weak
✅
Beta (Risk)
Low Volatility
Key Financials
Market Cap
$540.81M
Trailing P/E
17.68
Forward P/E
9.76
Beta (5Y)
0.44
52W High
$24.86
52W Low
$13.76
Avg Volume
210K
Day High
Day Low