Saturday 17 October 2026 Export CARE’s income statement to Excel — free account

Carter Bankshares, Inc.

Carter Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $254.6 million, up 4.74% from fiscal 2024. In the quarter to June 2026, revenue grew 44.0%, EPS grew 254.1%, free cash flow fell 3,522.2% and total debt rose 155.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

30.21 0.10 −0.33%

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Market cap: $671.8M
P/E: 5.2×
Fwd P/E: 4.6×
Dividend yield: 0.66%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.12

Total sells 0.34

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	—	—	—	—	—	—	2	—	2	—	1	—

Insider Ownership 3.06%

Capital & Financial Ratios $m

Market Cap 671.79

Revenue 349.44

Net Income 128.57

Free Cash Flow 58.76

Net Debt (276.53)

Current Ratio 0.94

Debt/Equity 0.00

P/E ratio 5.20

Fwd P/E 4.61

P/S ratio 1.89

P/B ratio 1.22

Past 5Y EPS Growth —

This Y EPS Growth 334.86%

Next Y EPS Growth (58.74%)

Next Y revenue growth 1.91%

Next 5Y EPS Growth 20.90%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 1.40%

10-year low 10-year high

P/S against its own 10 years 62.70%

10-year low 10-year high

P/B against its own 10 years 88.88%

10-year low 10-year high

Dividends

Payout Ratio 0.03

Annual Dividend Rate 0.20

Annual Dividend Yield 0.66%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.30	0.10 0.10
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	0.00	0.14
2019	Powerpack
2018	Powerpack
2016	0.30	0.10 0.10 0.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	55	131	105	277
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	3,463	3,680	3,914	3,956

	2023	2024	2025	Q'26
Payables	3,722	4,153	4,211	4,198
ST’ Debt	—	—	—	—
Other	—	—	—	—
	3,722	4,153	4,211	4,198

Compound Annual Growth %

	10y	5y	3y
Sales	—	8.73%	11.86%
Cash Flow	—	38.92%	(17.42%)
Earnings	—	0.00%	(14.63%)
Book Value	—	(0.95%)	8.50%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	130	90	—	—	—
’25	63	63	65	65	255
’24	59	60	62	62	243
’23	57	49	54	55	215
’22	38	43	48	54	182
’21	42	40	42	39	163
’20	45	42	42	39	168

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	304	(261)	—	—	—
’25	6	10	12	12	40
’24	18	(2)	10	11	37
’23	22	7	9	8	47
’22	12	14	21	23	71
’21	0	23	37	18	78
’20	(5)	14	(20)	19	8

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	302	(263)	—	—	—
’25	5	8	10	9	32
’24	16	(3)	7	8	29
’23	21	3	7	6	37
’22	12	13	19	21	65
’21	(1)	21	34	15	69
’20	(10)	12	(22)	17	(2)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.88	1.31	—	—	—
’25	0.39	0.37	0.24	0.38	1.38
’24	0.25	0.21	0.24	0.36	1.06
’23	0.67	0.24	0.16	(0.08)	1.00
’22	0.36	0.44	0.59	0.65	2.03
’21	0.36	0.21	0.42	0.21	1.20
’20	0.17	0.17	(2.19)	0.11	(1.74)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.70	12.99	14.45	14.85	6.30	9.75	12.58	10.43	10.95	13.61	Analyst estimates 2026–2028 Powerpack
	High	14.12	18.23	20.10	24.25	23.70	16.40	18.84	17.70	20.40	20.63
People
People	Employees	—	—	992	—	828	731	672	679	680	687
	Revenue/emp, $m	0.00	0.00	0.17	0.00	0.20	0.22	0.27	0.32	0.36	0.37
Income, $m
Income, $m	Revenue	160	157	169	176	168	163	182	215	243	255
	Gross margin, %	71.04	76.31	77.45	73.42	78.61	86.05	88.87	65.48	55.87	60.18
	EBT	18	(18)	14	28	(45)	36	62	29	31	40
	EBT margin, %	11.01	(11.62)	8.47	15.79	(26.91)	21.93	33.93	13.38	12.70	15.71
	Net income	16	(1)	12	27	(46)	32	50	23	25	31
	Depreciation	3	4	12	9	73	13	12	15	11	12
Per share, $
Per share, $	Revenue	6.10	5.97	6.44	6.70	6.35	6.18	7.40	9.24	10.65	11.34
	Earnings	0.61	(0.03)	0.45	1.01	(1.74)	1.20	2.03	1.00	1.06	1.38
	Cash flow	1.24	1.69	1.88	1.46	0.29	2.94	2.88	2.01	1.62	1.78
	Capex	(0.03)	(0.13)	(0.56)	(0.28)	(0.38)	(0.32)	(0.22)	(0.42)	(0.36)	(0.36)
	Free cash flow	1.21	1.55	1.32	1.18	(0.09)	2.62	2.66	1.59	1.26	1.42
	Book value	0.00	16.46	16.61	18.02	16.69	15.47	13.36	15.11	16.84	18.69
	Shares, m	26	26	26	26	26	26	25	23	23	22
Valuation, ×
Valuation, ×	P/E	21.64	29.74	14.56	55.16	0.00	12.83	8.04	15.03	16.59	14.25
	P/S	0.00	0.00	0.00	0.00	1.69	2.49	2.22	1.61	1.65	1.73
	P/B	0.00	0.00	0.89	1.30	0.64	0.99	1.23	0.98	1.04	1.05
	EV/Sales	0.00	0.00	0.00	0.00	0.45	0.83	2.95	3.19	1.40	2.02
	EV/FCF	0.00	0.00	0.81	6.57	(31.39)	1.95	8.23	18.54	11.81	16.19
Cash, $m
Cash, $m	Operating cash flow	33	44	49	38	8	78	71	47	37	40
	Capex	(1)	(4)	(15)	(7)	(10)	(8)	(5)	(10)	(8)	(8)
	Free cash flow	32	41	35	31	(2)	69	65	37	29	32
Balance, $m
Balance, $m	Working capital	—	(751)	(630)	(513)	(514)	(704)	(548)	(259)	(473)	(297)
	Total debt	—	—	—	10	35	7	181	393	70	179
	Net debt	—	(269)	(294)	(116)	(207)	(271)	134	339	(61)	73
	Shareholders’ equity	—	432	436	473	440	408	329	351	384	420
Returns, %
Returns, %	ROA	0.78	(0.03)	0.29	0.66	(1.12)	0.76	1.20	0.53	0.53	0.65
	ROIC	0.00	(5.44)	8.13	5.29	(12.06)	17.96	8.34	2.60	5.97	5.07
	ROE	3.69	(0.16)	2.74	5.83	(10.04)	7.42	13.53	6.82	6.60	7.71

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CWBC Community West Bancshares	$699.2M	13.8×	11.5×	+32.57% (above 0%: growing)	−75.61% (below 0%: shrinking)	+65.55% (above 0%: growing)	76.29%	0.00%	Compare
BCAL California BanCorp	$698.0M	11.7×	11.5×	−3.68% (below 0%: shrinking)	+2.33% (above 0%: growing)	+6.82% (above 0%: growing)	79.50%	0.00%	Compare
TCBX Third Coast Bancshares, Inc.	$689.5M	8.8×	10.6×	+24.52% (above 0%: growing)	+11.61% (above 0%: growing)	+223.46% (above 0%: growing)	59.80%	0.00%	Compare
AROW Arrow Financial Corporation	$681.7M	11.9×	13.8×	+4.55% (above 0%: growing)	+1.54% (above 0%: growing)	+37.22% (above 0%: growing)	71.42%	0.00%	Compare
PFIS Peoples Financial Services Corp.	$681.2M	12.0×	9.2×	+3.78% (above 0%: growing)	−12.94% (below 0%: shrinking)	+54.41% (above 0%: growing)	70.19%	0.00%	Compare
CARE Carter Bankshares, Inc.	$671.8M	5.2×	4.6×	+44.00% (above 0%: growing)	+254.05% (above 0%: growing)	−3,522.21% (below 0%: shrinking)	76.12%	0.00%
MSBI Midland States Bancorp, Inc.	$670.3M	20.7×	9.1×	−7.83% (below 0%: shrinking)	+86.36% (above 0%: growing)	+9.48% (above 0%: growing)	74.46%	0.00%	Compare
RRBI Red River Bancshares, Inc.	$666.1M	14.5×	12.5×	+6.30% (above 0%: growing)	+18.54% (above 0%: growing)	+237.31% (above 0%: growing)	76.50%	0.00%	Compare
CCB Coastal Financial Corporation	$656.9M	— (loss-making)	16.0×	+37.72% (above 0%: growing)	n/m	+16.72% (above 0%: growing)	85.92%	0.00%	Compare
Median of peers	$681.4M	12.0×	11.5×	+5.43%	+2.33%	+45.82%	75.38%	0.00%

All 323 Banks Regional stocks →

Carter Bankshares, Inc. (CARE) key facts

Strength: Carter Bankshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $254.6 million, up 4.74% from fiscal 2024.
Strength: Net income was $31.4 million, or $1.38 per share (basic), a net margin of 12.2%.
Carter Bankshares, Inc. (CARE) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, CARE traded at $30.21, a market capitalization of $671.8 million.
At that price the stock trades at 5.2× trailing-twelve-month earnings and 1.9× sales; its P/E is higher than 1% of its own readings over the past ten years.
Carter Bankshares, Inc. pays an annual dividend of $0.20 per share, a yield of 0.66%, with a payout ratio of 3.44%.
Return on equity was 7.71% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.