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Carter Bankshares, Inc.

corporate_fare Company Profile

Carter Bankshares, Inc.

CARE·NASDAQ·Finance·CIK 0001829576

General Carter Bankshares, Inc. is a bank holding company headquartered in Martinsville, Virginia, with assets totaling $4.9 billion as of December 31, 2025. In October 2025, the Company became a financial holding company. It is regulated by the Board of Governors of the Federal Reserve System and the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Company's wholly owned subsidiary is Carter Bank & Trust, an FDIC-insured, Virginia state-chartered bank. Carter Bank & Trust operates 64 branches across Virginia and North Carolina. The Bank became a member of the Federal Reserve System on November 13, 2025, and is regulated by the Federal Reserve Bank of Richmond and the Virginia BFI. The Company, through the Bank, offers a full range of commercial banking, consumer banking, and mortgage services. The Company's common stock is traded on the Nasdaq Global Select Market under the ticker symbol "CARE". Carter Bank & Trust began operations on December 29, 2006, following the merger of ten banking institutions: Blue Ridge Bank, N.A. (Floyd, Virginia); Central National Bank (Lynchburg, Virginia); Community National Bank (South Boston, Virginia); First National Bank (Rock Mount, Virginia); First National Exchange Bank (Roanoke, Virginia); Mountain National Bank (Galax, Virginia); Patrick Henry National Bank (Martinsville, Virginia); Patriot Bank, N.A. (Fredericksburg, Virginia); People's National Bank (Danville, Virginia); and Shenandoah National Bank (Staunton, Virginia). The Company was incorporated on October 7, 2020, to serve as the Bank's parent holding company.

Carter Bankshares, Inc. (NASDAQ:CARE) is a publicly traded company in the Finance sector. Wiseek monitors CARE SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Carter Bankshares Repositions $139M Securities Portfolio, Expects $12.5M Q2 Loss for $4.2M Annual Income Gain
  • Carter Bankshares Reports Record Q1 Earnings Driven by Major Loan Sale, Faces $500M Lawsuit
  • Carter Bankshares Details $98M Gain from Major Loan Sale, Boosting Q1 EPS by $3.50
  • Carter Bankshares to Book ~$35.8M Pre-Tax Gain from Bearing Insurance Group Sale
  • Carter Bankshares Sells Insurance Arm for $35.8M Pre-Tax Gain

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$20.32M
Net Income
$31.36M
Diluted EPS
$1.38
Op. Cash Flow
$39.86M
Free Cash Flow
$31.81M
Cash & Equivalents
$105.16M
Debt / Equity
0.00×
Net Margin
154.4%
Shares Outstanding
22.08M sh
Source: 10-K · filed 2026-03-05 · accession 0001829576-26-000018
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$30.47 +0.59% today
52-week range · as of 2026-05-29 $16.14 – $27.86
Market cap
$663.88M
Volume
447.7K (1.5× avg)
3-mo avg 294.9K
Live data · 2026-06-14 03:52 UTC · Market closed

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feed CARE - Latest Insights

CARE
May 29, 2026, 5:19 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $27.30
Real-time Price: $30.47 info
Change: +$3.17 (+12%) info
Market Cap: $663.883M info
CARE
May 07, 2026, 1:33 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $26.22
Real-time Price: $30.47 info
Change: +$4.25 (+16%) info
Market Cap: $663.883M info
CARE
May 01, 2026, 4:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $25.88
Real-time Price: $30.47 info
Change: +$4.59 (+18%) info
Market Cap: $663.883M info
CARE
May 01, 2026, 9:33 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $25.60
Real-time Price: $30.47 info
Change: +$4.87 (+19%) info
Market Cap: $663.883M info
CARE
May 01, 2026, 8:53 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $25.60
Real-time Price: $30.47 info
Change: +$4.87 (+19%) info
Market Cap: $663.883M info
CARE
Apr 23, 2026, 8:16 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $24.50
Real-time Price: $30.47 info
Change: +$5.97 (+24%) info
Market Cap: $663.883M info
CARE
Apr 23, 2026, 8:15 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $24.50
Real-time Price: $30.47 info
Change: +$5.97 (+24%) info
Market Cap: $663.883M info
CARE
Mar 26, 2026, 2:15 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $20.35
Real-time Price: $30.47 info
Change: +$10.13 (+50%) info
Market Cap: $663.883M info
CARE
Mar 05, 2026, 12:53 PM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $20.70
Real-time Price: $30.47 info
Change: +$9.77 (+47%) info
Market Cap: $663.883M info
CARE
Feb 02, 2026, 8:16 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $21.41
Real-time Price: $30.47 info
Change: +$9.06 (+42%) info
Market Cap: $663.883M info
CARE
Jan 29, 2026, 8:16 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $19.92
Real-time Price: $30.47 info
Change: +$10.55 (+53%) info
Market Cap: $663.883M info