Carter Bankshares

CARE

Market cap $607M

Carter Bankshares (CARE) executed a transformative sale of non-performing loans, realizing a $65M gain and boosting tangible book value to $22.69 per share. CARE's Q1 reported EPS of $3.88 is inflated by non-recurring items; underlying earnings are closer to $0.40 per share. With $228M+ in cash post-sale, CARE is positioned to redeploy capital into higher-yielding assets, likely driving net interest income growth in Q2 and Q3.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

MARTINSVILLE, Va.--(BUSINESS WIRE)--Carter Bank (Nasdaq: CARE) today announced the launch of two new products, carter youth savings and carter youth checking, designed to help children and teens develop smart money habits and build a strong financial foundation. Available to youth from ages 6 up to 18 years old, these accounts give parents and guardians a hands-on role in guiding and monitoring their child's spending and saving habits. Once the account holder turns 18, the youth checking accoun.

Does Carter Bankshares, Inc. (CARE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $3.91 per share. This compares to earnings of $0.32 per share a year ago.

MARTINSVILLE, VA / ACCESS Newswire / April 23, 2026 / The board of directors of Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank"), approved a cash dividend of $0.10 per share on April 22, 2026. Based on the closing stock price on April 21, 2026 of $24.44, the annualized dividend yield is 1.64%.

MARTINSVILLE, VA / ACCESS Newswire / April 23, 2026 / Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank (the "Bank") today announced quarterly net income of $85.8 million, or $3.88 diluted earnings per share ("EPS"), for the first quarter of 2026 compared to net income of $8.5 million, or $0.38 diluted EPS, for the fourth quarter of 2025 and net income of $9.0 million, or $0.39 diluted EPS, for the first quarter of 2025. Net interest income was $35.9 million for the first quarter of 2026, $34.6 million for the fourth quarter of 2025, and $30.1 million for the first quarter of 2025.

Carter Bankshares (CARE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Veteran HR executive will work to strengthen talent and culture to support long-term success MARTINSVILLE, VA / ACCESS Newswire / February 18, 2026 / Carter Bank (Nasdaq:CARE) CEO Litz Van Dyke announced today the appointment of Kimberly Dempsey Schaufenbuel as Executive Vice President and Chief Human Resources Officer, effective Feb. 2, 2026. Schaufenbuel brings more than 20 years of experience in human resources, talent management, learning and performance, and organizational change to the Bank's Executive Management Team and will lead both the Human Resources and Training teams.

The headline numbers for Carter Bankshares (CARE) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.