Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CARE
Strong BuyFull HouseFLAGCarter Bankshares, Inc. · Financial Services · United States · $729M · Avg Vol: $11M/d
Carter Bankshares is a small US regional bank whose reported quality is distorted by a single very large non-accrual lending relationship that has dominated its credit picture and earnings for several periods. That concentration is a specific, nameable credit issue rather than an information gap. No failure or restatement is known, so this is a flag rather than a removal.
COMPANY DESCRIPTION
Carter Bankshares, Inc. is a bank holding company for Carter Bank & Trust, offering a full suite of community banking services to individuals and businesses across Virginia and North Carolina. It is a regional community bank with a long history and established branch network, serving its local markets with personalized financial solutions. Carter Bankshares is a deeply rooted community bank providing essential financial services to small businesses and individuals in its Mid-Atlantic operating region.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 158.9M | 137.7M | 132.4M | 149.0M | -2.1% | 286.2M | 252.4M | 198.5M | 15.4% |
| EPS | 2.03 | 1.00 | 1.06 | 1.38 | -12.1% | 5.80 | 5.76 | 2.60 | 37.3% |
| Shares | 24.0M | 23.0M | 23.1M | 22.1M | -7.8% | 23.2M | — | — | — |
| Debt | 180.6M | 393.4M | 70.0M | 178.5M | -0.4% | 11.4M | — | — | — |
| Equity | 328.6M | 351.2M | 384.3M | 419.7M | 8.5% | — | — | — | — |
| Op CF | 70.8M | 46.7M | 36.9M | 39.9M | -17.4% | 67.3M | — | — | — |
| Inv CF | -382.1M | -307.0M | -68.4M | -155.9M | — | — | — | — | — |
| Fin CF | 80.3M | 267.9M | 108.1M | 90.0M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of CARE are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CARE | Carter Bankshares, Inc.(you) | $729M | 92 | Strong Buy |
| PBAM | Private Bancorp of America, Inc. | $508M | 89 | Strong Buy |
| FBIZ | First Business Financial Services, Inc. | $593M | 83 | Strong Buy |
| FISI | Financial Institutions, Inc. | $807M | 81 | Strong Buy |
| GCBC | Greene County Bancorp, Inc. | $594M | 83 | Strong Buy |
| WASH | Washington Trust Bancorp, Inc. | $753M | 78 | Buy |
| HAFC | Hanmi Financial Corporation | $923M | 82 | Strong Buy |
| CZFS | Citizens Financial Services, Inc. | $390M | 90 | Strong Buy |
| THFF | First Financial Corporation | $942M | 82 | Strong Buy |
| FNLC | The First Bancorp, Inc. | $392M | 89 | Strong Buy |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%