Carter Bankshares, Inc.
CARENasdaq
$33.35
↑ +0.9%Jul 17 close · end-of-day
Price
1Y↑ +86.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$728.6M
Enterprise Value
$728.6M
P/E
6.8
P/S
—
P/B
1.4
EV/EBITDA
—
PEG
—
FCF Yield
45.2%
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
$108.2M
Free Cash Flow (TTM)
$329.3M
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
21.4%
ROIC
—
Debt / Equity
—
Net Cash
—
Return 1Y
+83.7%
Company profile
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust. It accepts various deposit products, including checking, savings, retirement, and money market accounts. The company also originates and holds fixed and variable rate mortgage loans. It operates through 69 branches in Virginia and North Carolina.
- CEO
- Litz H. van Dyke
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 730
- Headquarters
- Virginia
- Website
- cbtcares.com
Management & directors
- Adams Arthur LoranEVP, DIRECTOR OF REG RISK MNGT
- Bell Wendy S.SENIOR EXECUTIVE VP, CFO
- Davis Jane AnnEVP, CHIEF ADMIN. OFFICER
- Kallsen Tony ESEVP, CHIEF CREDIT OFFICER
- Langs Bradford N.PRESIDENT, CHIEF STRATEGY OFCR
- Speare Matthew M.SEVP, CHIEF OPERATING OFFICER
- Van Dyke Litz HCHIEF EXECUTIVE OFFICER
Roles derived from SEC Form 4 filings.
Earnings
CARE Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$3.88↑ +894.9%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $18.0M | $17.5M | $18.3M | $17.3M | $19.4M | $20.3M |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | -$45.9M | $31.6M | $50.1M | $23.4M | $24.5M | $31.4M |
| Diluted EPS | -$1.74 | $1.19 | $2.03 | $1.00 | $1.06 | $1.38 |
| Operating cash flow | $7.7M | $77.5M | $70.8M | $46.7M | $36.9M | $39.9M |
| Free cash flow | -$2.4M | $69.1M | $64.9M | $36.9M | $28.8M | $31.8M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | -254.9% | 180.7% | 273.4% | 135.4% | 126.3% | 154.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $4.8M | $5.6M | $8.3M | $9.0M | $8.5M | $5.4M | $8.5M | $85.8M |
| Diluted EPS | $0.21 | $0.24 | $0.36 | $0.39 | $0.37 | $0.24 | $0.38 | $3.88 |
| Operating cash flow | -$2.5M | $10.3M | $11.5M | $6.4M | $9.6M | $11.8M | $12.1M | $303.9M |
| Free cash flow | -$4.3M | $8.4M | $8.3M | $4.9M | $7.7M | $10.3M | $9.0M | $302.4M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | Van Dyke Litz H· CHIEF EXECUTIVE OFFICER | Award | 12,300 | $0.00 | $0.00 | filing |
| 2026-06-30 | Langs Bradford N.· PRESIDENT, CHIEF STRATEGY OFCR | Award | 8,649 | $0.00 | $0.00 | filing |
| 2026-06-30 | Adams Arthur Loran· EVP, DIRECTOR OF REG RISK MNGT | Award | 3,240 | $0.00 | $0.00 | filing |
| 2026-06-30 | Speare Matthew M.· SEVP, CHIEF OPERATING OFFICER | Award | 5,005 | $0.00 | $0.00 | filing |
| 2026-06-30 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Award | 3,604 | $0.00 | $0.00 | filing |
| 2026-06-30 | Bell Wendy S.· SENIOR EXECUTIVE VP, CFO | Award | 6,428 | $0.00 | $0.00 | filing |
| 2026-06-30 | Kallsen Tony E· SEVP, CHIEF CREDIT OFFICER | Award | 5,472 | $0.00 | $0.00 | filing |
| 2026-05-21 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Tax withholding | 261 | $26.95 | $7,033.95 | filing |
| 2026-05-12 | Langs Bradford N.· PRESIDENT, CHIEF STRATEGY OFCR | Sale | 5,500 | $26.47 | $145,558.05 | filing |
| 2026-05-08 | Walsh Elizabeth L. | Gift | 725 | $0.00 | $0.00 | filing |
| 2026-05-06 | Walsh Elizabeth L. | Buy | 4,575 | $26.20 | $119,865.00 | filing |
| 2026-05-05 | Haskins James W. | Sale | 1,000 | $26.04 | $26,040.00 | filing |
| 2026-04-27 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Award | 1,850 | $0.00 | $0.00 | filing |
| 2026-04-27 | Adams Arthur Loran· EVP, DIRECTOR OF REG RISK MNGT | Award | 1,650 | $0.00 | $0.00 | filing |
| 2026-04-20 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Tax withholding | 296 | $24.24 | $7,175.04 | filing |
| 2026-03-04 | Van Dyke Litz H· CHIEF EXECUTIVE OFFICER | Tax withholding | 819 | $20.98 | $17,182.62 | filing |
| 2026-03-04 | Langs Bradford N.· PRESIDENT, CHIEF STRATEGY OFCR | Tax withholding | 638 | $20.98 | $13,385.24 | filing |
| 2026-03-04 | Bell Wendy S.· SENIOR EXECUTIVE VP, CFO | Tax withholding | 435 | $20.98 | $9,126.30 | filing |
| 2026-03-04 | Speare Matthew M.· SEVP, CHIEF OPERATING OFFICER | Tax withholding | 411 | $20.98 | $8,622.78 | filing |
| 2026-03-04 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Tax withholding | 309 | $20.98 | $6,482.82 | filing |
| 2026-02-25 | Bell Wendy S.· SENIOR EXECUTIVE VP, CFO | Award | 2,513 | $0.00 | $0.00 | filing |
| 2026-02-25 | Bell Wendy S.· SENIOR EXECUTIVE VP, CFO | Award | 3,292 | $0.00 | $0.00 | filing |
| 2026-02-25 | Davis Jane Ann· EVP, CHIEF ADMIN. OFFICER | Award | 1,230 | $0.00 | $0.00 | filing |
| 2026-02-25 | Langs Bradford N.· PRESIDENT, CHIEF STRATEGY OFCR | Award | 3,689 | $0.00 | $0.00 | filing |
| 2026-02-25 | Langs Bradford N.· PRESIDENT, CHIEF STRATEGY OFCR | Award | 4,428 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.