CARTER BANKSHARES INC

CARENASDAQ

🏆 #2302 by market capEarnings Oct 21US Equity

$32.01▲ $0.29 (+0.91%)

Market closed · at close

1h—

24h▲ 0.9%

7d▼ 8.9%

14d▼ 7.3%

30d▲ 1.3%

1y▲ 76.8%

🏦Market Cap

$709M

Small Cap

📈Revenue Growth (YoY)

+33.0%

High Growth

📊Gross Margin

—

💵FCF Margin

86.7%

Strong

⚖️P/S Ratio

1.9x

Cheap

Otter Score

Fair

Trading Snapshot

Day Range: $31.61 – $32.28
52-Week Range: $16.78 – $36.06
Volume: $1.60B
Avg Volume: $1.22B
Shares Outstanding: 22.2M
Next Earnings: Sep 23, 2026

Fundamentals Snapshot

Annual Revenue: $255M
Last Q Revenue: $90M
P/E Ratio: 6.5
P/S Ratio: 1.9x
EPS (TTM): $4.93
Dividend Yield: —

Why Investors Own CARE

✓High-growth profile — revenue up +32.8% YoY with expanding US Equity exposure.
✓Healthy economics — 60% gross margin and 7% free-cash-flow margin.
✓New products and segments could unlock additional revenue streams.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$255M▲ +34.3% YoY

Gross Margin (TTM)

59.7%▲ +3.3% YoY

Operating Income (TTM)

$84M▲ +34.3% YoY

Free Cash Flow (TTM)

$19M▲ +34.3% YoY

About CARTER BANKSHARES INC

Carter Bankshares, Inc. functions as the parent company for Carter Bank & Trust, delivering a comprehensive suite of banking solutions. It provides a variety of deposit accounts, including checking, savings, retirement, money market, and longer-term certificates of deposit. The institution also offers diverse loan products, such as secured and unsecured commercial loans, alongside consumer loans for purposes like auto financing, home improvements, education, overdraft protection, and personal investments. Additionally, it originates and holds residential mortgages (both fixed and variable rate), real estate construction and acquisition loans, home equity lines of credit, and credit cards. Beyond lending and deposits, Carter Bank & Trust furnishes other banking conveniences including safe deposit boxes, direct deposit services, extensive online and mobile banking capabilities (featuring bill pay, online account opening, and mobile deposit), debit cards, e-statements, and ATM access. The company further provides title insurance, various financial institution-related products, and treasury and corporate cash management services. Founded in 1974 and based in Martinsville, Virginia, Carter Bankshares, Inc. operates 69 branch locations spanning Virginia and North Carolina.

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