Companies /Financial Services

Carter Bankshares Inc

NASDAQ: CARE Banks - Regional
$30.57
▼ $0.13 (−0.42%) today
Markets closed · 12:32am ET

CARE at a Glance

Valuation
Market cap
$708.1M
P/E ratio
5.3
Dividend yield
0.33%
Profitability
Revenue (TTM)
$286.2M
Profit margin
44.9%
EPS (TTM)
$5.80
Price
52-week range
$17 – $36
Street target
$35.08

Headquartered in Martinsville, VA Fiscal year ends December NASDAQ: CARE carterbank.com

About Carter Bankshares

Carter Bankshares, Inc. (NASDAQ: CARE) is a bank holding company that provides a full range of commercial banking, consumer banking, mortgage, and other financial services through its subsidiary, Carter Bank. The company operates 63 branches across Virginia and North Carolina, with approximately $4.8 billion in total assets as of June 30, 2026. Its loan portfolio is concentrated in commercial real estate, construction, commercial and industrial, and residential mortgage lending. The company recently completed the divestiture of its insurance subsidiary, Bearing Insurance Group, LLC, as part of broader strategic initiatives to optimize its balance sheet and focus on core banking operations. Updated

CARE Coverage

Frequently Asked Questions

What does Carter Bankshares do?

Carter Bankshares, Inc. (NASDAQ: CARE) is a bank holding company that provides a full range of commercial banking, consumer banking, mortgage, and other financial services through its subsidiary, Carter Bank.

What is the CARE stock price target?

The Wall Street consensus 12-month price target for CARE is $35.08.