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Carter Bankshares, Inc.

CARE Financial Banks Regional

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%
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% (at or above 15%: strong)
Next Y EPS Growth (58.74%) (below 0%: weak)
Next Y revenue growth 1.91%
Next 5Y EPS Growth 20.90% (at or above 15%: strong)

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.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

Carter Bankshares, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

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.

Source: company filings (standardised) and stockrow calculations.

Carter Bankshares, Inc. (CARE) Latest News

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stockrow.com/CARE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com