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Carter Bankshares (CARE)

Company Profile

Company profile

Ticker

CARE

Exchange

Website

www.cbtcares.com

CEO

Mr. Litz H. Van Dyke

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Bank of America • Citigroup • Wells Fargo & Company • U.S. Bancorp • The PNC Financial Services Group, Inc. • Capital One Financial • Shinhan Financial • HSBC USA • Regions Financial ...

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

CB&T Investment Company ...

IRS number

853365661

CARE stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

Regulation FD Disclosure

Carter Bankshares, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

Carter Bank Announces North Carolina Branch Acquisition

Quarterly report

7 Nov 24

Third Quarter 2024 Investor Presentation

Carter Bankshares, Inc. Announces Third Quarter 2024 Financial Results

Quarterly report

1 Aug 24

Second Quarter 2024 Investor Presentation

Latest ownership filings

View all

James W. Haskins

GREGORY W FELDMANN

Kevin S. Bloomfield

Robert M. Bolton

Jacob A Lutz III

Edward Warren Matthews

Catharine L. Midkiff

Curtis E Stephens

Elizabeth L. Walsh

Financial summary

Financial statements Chart CARE financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CARE institutional ownership history Ownership history

45.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	93	81	+14.8%
Opened positions	19	17	+11.8%
Closed positions	7	15	-53.3%
Increased positions	35	32	+9.4%
Reduced positions	23	18	+27.8%

13F shares	Current	Prev Q	Change
Total value	180.20 bn	144.22 bn	+24.9%
Total shares	10.42 mm	9.68 mm	+7.6%
Total puts	1.90 k	100.00	+1800.0%
Total calls	43.60 k	500.00	+8620.0%
Total put/call ratio	0.0	0.2	-78.2%

Largest owners	Shares	Value	Change
BlackRock	1.70 mm	$29.54 bn	NEW
Vanguard	1.31 mm	$22.70 bn	+2.7%
Dimensional Fund Advisors	964.00 k	$16.76 bn	+8.0%
Alliancebernstein	899.91 k	$15.65 bn	-24.0%
Geode Capital Management	523.59 k	$9.11 bn	+3.6%
STT State Street	496.60 k	$8.64 bn	+4.1%
TFO USA	396.87 k	$6.90 bn	0.0%
American Century Companies	338.96 k	$5.89 bn	+0.4%
Fourthstone	274.48 k	$4.77 bn	+205.3%
Kennedy Capital Management	253.73 k	$4.41 bn	+719.2%

Largest transactions	Shares	Bought/sold	Change
BlackRock	1.70 mm	+1.70 mm	NEW
BLK BlackRock	0.00	-1.68 mm	EXIT
Alliancebernstein	899.91 k	-283.94 k	-24.0%
Kennedy Capital Management	253.73 k	+222.76 k	+719.2%
Fourthstone	274.48 k	+184.57 k	+205.3%
Hotchkis & Wiley Capital Management	159.04 k	+159.04 k	NEW
GS The Goldman Sachs Group, Inc.	231.51 k	+96.57 k	+71.6%
Dimensional Fund Advisors	964.00 k	+71.59 k	+8.0%
MS Morgan Stanley	167.36 k	+71.58 k	+74.7%
Nuveen Asset Management	107.68 k	+41.47 k	+62.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CARE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jan 25	Catharine L. Midkiff	Common Stock	Grant	Acquire A	No	No	0	1,827	0.00	18,054
2 Jan 25	Curtis E Stephens	Common Stock	Grant	Acquire A	No	No	0	1,827	0.00	7,230
2 Jan 25	Edward Warren Matthews	Common Stock	Grant	Acquire A	No	No	0	1,827	0.00	18,611
2 Jan 25	Robert M. Bolton	Common Stock	Grant	Acquire A	No	No	0	1,827	0.00	12,728
2 Jan 25	Kevin S. Bloomfield	Common Stock	Grant	Acquire A	No	No	0	1,827	0.00	23,556

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Carter Bankshares Q4 Earnings Assessment

Carter Bankshares Q4 Adj $0.37 Beats $0.24 Estimate

Carter Bankshares (NASDAQ:CARE) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.24 by 54.17 percent. This is a 1950 percent increase over losses of $(0.02) per share from

Intuit Issues Weak Forecast, Joins Reddit And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Why Elastic Shares Are Trading Higher By 29%; Here Are 20 Stocks Moving Premarket

Press releases

From Benzinga Pro

Carter Bank Announces the Unexpected Passing of Executive Vice President Richard Owen

Owen joined the bank in 2017 to start its mortgage division and also served as corporate sales director It is with profound sadness that Carter Bank (NASDAQ:CARE), announces the unexpected passing of Executive Vice

Carter Bankshares, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

MARTINSVILLE, VA / ACCESS Newswire / January 23, 2025 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of

Carter Bank Announces North Carolina Branch Acquisition From First Reliance Bank

MARTINSVILLE, VA and FLORENCE, SC / ACCESSWIRE / December 10, 2024 / Carter Bankshares, Inc. (NASDAQ:CARE) and First Reliance Bancshares, Inc. (OTC:FSRL), announced today that their wholly owned subsidiaries, Carter Bank

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