Carter Bankshares, Inc. (CARE)
Nasdaq · National Commercial Banks · Finance, insurance and real estate · CIK 1829576 · fiscal year ends in Dec
Closing price $29.90 on 29 Oct 2026; 52-week range $16.96 to $35.72.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $254.5M
- Revenue growth
- 77.9%
- Net income, last twelve months
- $128.6M
- Earnings per share
- $5.81
- Net margin
- 50.5%
- Free cash flow
- $58.8M
- Return on equity
- 23.8%
- Market value
- $662.7M
- Price to earnings
- 5.1x
- Cash
- $276.5M
- Debt
- $0
- Debt to equity
- 0.00
- Shares outstanding
- 22.2M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $153.2M | – | $31.4M | $1.38 | $31.8M | 10-K filed 5 Mar 2026 |
| FY2024 | 31 Dec 2024 | $135.8M | – | $24.5M | $1.06 | $28.8M | 10-K filed 7 Mar 2025 |
| FY2023 | 31 Dec 2023 | $140.6M | – | $23.4M | $1.00 | $36.9M | 10-K filed 8 Mar 2024 |
| FY2022 | 31 Dec 2022 | $161.6M | – | $50.1M | $2.03 | $64.9M | 10-K filed 10 Mar 2023 |
| FY2021 | 31 Dec 2021 | $140.1M | – | $31.6M | $1.19 | $69.1M | 10-K filed 11 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $68.7M | $28.9M | $1.31 |
| Q1 FY2026 | 31 Mar 2026 | $106.9M | $85.8M | $3.88 |
| Q4 FY2025 | 31 Dec 2025 | $39.8M | $8.5M | $0.38 |
| Q3 FY2025 | 30 Sep 2025 | $39.1M | $5.4M | $0.24 |
| Q2 FY2025 | 30 Jun 2025 | $37.3M | $8.5M | $0.37 |
| Q1 FY2025 | 31 Mar 2025 | $37.0M | $9.0M | $0.39 |
| Q4 FY2024 | 31 Dec 2024 | $34.5M | $8.3M | $0.36 |
| Q3 FY2024 | 30 Sep 2024 | $34.2M | $5.6M | $0.24 |
Company events
The newest 8-K filings of 91 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 29 Oct 2026 | 8-K | Other events | 8.01, 9.01 |
| 29 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Aug 2026 | 8-K | Other events | 8.01 |
| 11 Aug 2026 | 8-K | Other events | 8.01 |
| 27 Jul 2026 | 8-K | Investor update | 7.01, 9.01 |
| 23 Jul 2026 | 8-K | Other events | 8.01, 9.01 |
| 23 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 24 Jun 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 29 May 2026 | 8-K | Investor update | 7.01 |
| 29 May 2026 | 8-K | Shareholder vote | 5.07 |
| 1 May 2026 | 8-K | Investor update | 7.01, 9.01 |
| 1 May 2026 | 8-K | Other events | 8.01 |
Every filing
The newest filings with the SEC of 129 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | 8-K | 28 Oct 2026 |
| 29 Oct 2026 | 8-K | 29 Oct 2026 |
| 17 Aug 2026 | 8-K | 17 Aug 2026 |
| 11 Aug 2026 | 8-K | 11 Aug 2026 |
| 11 Aug 2026 | S-3D | – |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 27 Jul 2026 | 8-K | 27 Jul 2026 |
| 23 Jul 2026 | 8-K | 22 Jul 2026 |
| 23 Jul 2026 | 8-K | 23 Jul 2026 |
| 24 Jun 2026 | 8-K | 18 Jun 2026 |
| 29 May 2026 | 8-K | 29 May 2026 |
| 29 May 2026 | 8-K | 27 May 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 11 Sep 2026 | Midkiff Catharine L., Director | Sale outside a trading plan | 1,000 | $31.25 | $31.3K | 16,856 | 11 Sep 2026 |
| 30 Jul 2026 | Bolton Robert M., Director | Sale outside a trading plan | 1,500 | $34.60 | $51.9K | 55,000 | 30 Jul 2026 |
| 30 Jul 2026 | Langs Bradford N., PRESIDENT, CHIEF STRATEGY OFCR | Sale outside a trading plan | 2,500 | $34.54 | $86.3K | 33,242 | 30 Jul 2026 |
| 12 May 2026 | Langs Bradford N., PRESIDENT, CHIEF STRATEGY OFCR | Sale outside a trading plan | 5,500 | $26.47 | $145.6K | 27,093 | 12 May 2026 |
| 6 May 2026 | Walsh Elizabeth L., Director | Purchase | 4,575 | $26.20 | $119.9K | 58,753 | 7 May 2026 |
| 5 May 2026 | Haskins James W., Director | Sale outside a trading plan | 1,000 | $26.04 | $26.0K | 62,702 | 6 May 2026 |
| 30 Oct 2025 | Bolton Robert M., Director | Sale outside a trading plan | 1,901 | $17.23 | $32.8K | 10,827 | 3 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 8 Oct 2026 | Dimensional Fund Advisors LP | 13G amended | 6.2% | 1.4M |
| 14 Aug 2026 | Fourthstone LLC | 13G amended | 0% | 100 |
| 31 Jul 2026 | Vanguard Capital Management | 13G amended | 4.95% | 1.1M |
| 15 May 2026 | Fourthstone LLC | 13G amended | 6.78% | 1.5M |
| 29 Apr 2026 | Vanguard Capital Management | 13G | 5.1% | 1.1M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 13 Feb 2026 | Fourthstone LLC | 13G | 5.6% | 1.2M |
| 21 Jan 2026 | Dimensional Fund Advisors LP | 13G | 5.1% | 1.1M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 2.5M | -6.28% | 16.21 |
| 30 Sep 2026 | 2.7M | +18.18% | 8.36 |
| 15 Sep 2026 | 2.2M | +6.81% | 10.39 |
| 31 Aug 2026 | 2.1M | +1.45% | 7.29 |
| 14 Aug 2026 | 2.1M | +5.05% | 4.61 |
| 31 Jul 2026 | 2.0M | +5.87% | 4.75 |
| 15 Jul 2026 | 1.9M | -2.92% | 5.38 |
| 30 Jun 2026 | 1.9M | +33.96% | 3.41 |
Funds that hold it
From each fund's latest Form 13F.
174 funds held it at 30 Jun 2026: 105 added and 32 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 1,796,799 | $61.1M | +127,981 |
| Dimensional Fund Advisors LP | 1,256,126 | $42.7M | +80,201 |
| Vanguard Capital Management LLC | 955,877 | $32.5M | -29,106 |
| State Street Corp. | 912,310 | $31.0M | +413,408 |
| American Century Companies Inc. | 709,568 | $24.1M | +168,702 |
| Lazard Asset Management LLC | 640,742 | $21.8M | +640,742 |
| Geode Capital Management, LLC | 576,614 | $19.6M | +60,639 |
| Acadian Asset Management LLC | 387,397 | $13.2M | +387,397 |
| Kennedy Capital Management LLC | 384,084 | $13.1M | -65,533 |
| Goldman Sachs Group Inc. | 373,745 | $12.7M | +17,357 |
Peers
Companies in the same industry.
- JPMorgan Chase & Co. (JPM): revenue $199.4B, market value $913.2B
- Bank of America Corp. (BAC): revenue –, market value $358.9B
- Wells Fargo & Company (WFC): revenue $87.2B, market value $254.6B
- Citigroup Inc. (C): revenue $91.4B, market value $211.0B
- Capital One Financial Corp. (COF): revenue $62.0B, market value $128.1B
- Mizuho Financial Group Inc. (MFG): revenue $29.9B, market value $122.0B
- U.S. Bancorp (USB): revenue $29.6B, market value $94.5B
- PNC Financial Services Group, Inc. (PNC): revenue $25.0B, market value $92.5B
- Truist Financial Corp. (TFC): revenue $19.4B, market value $59.1B
- Huntington Bancshares Inc. (HBAN): revenue $10.4B, market value $32.2B