Carter Bank/$CARE

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About Carter Bank

Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. It offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.

Ticker

$CARE
Primary listing

Industry

Banks

Employees

680

ISIN

US1461031064

Carter Bank Metrics

BasicAdvanced
$404M
14.55
$1.20
0.68
-

Bulls say / Bears say

Carter Bankshares reported a 56% increase in net income for Q1 2025, reaching $9.0 million, indicating strong financial performance. (tradingview.com)
The bank's total deposits grew by $47.5 million in Q1 2025, reflecting a 4.6% annualized increase, showcasing robust customer trust and liquidity. (tradingview.com)
Carter Bankshares' net interest margin improved to 2.70% in Q1 2025, up from 2.58% in the previous quarter, enhancing profitability. (tradingview.com)
Nonperforming loans remain a concern, with a significant portion related to entities associated with James C. Justice, II, impacting interest income by $6.8 million in Q1 2025. (tradingview.com)
The allowance for credit losses to total portfolio loans decreased to 1.99% in Q1 2025, down from 2.09% in the previous quarter, potentially indicating increased risk exposure. (tradingview.com)
Bank of New York Mellon Corp reduced its stake in Carter Bankshares by 6.4% in Q4 2024, possibly signaling decreased institutional confidence. (defenseworld.net)
Data summarised monthly by Lightyear AI. Last updated on 5 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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