Carter Bank and Trust

CARE.US
Financial Services · Banks - Regional
34.54
+0.47 (+1.38%)
USD · NASDAQ

Company Information

Company Name
Carter Bank and Trust
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US1461031064
CIK: 0001829576
CUSIP: 146102108
Currency: USD
Full Time Employees: 687
Phone: 276 656 1776
Fiscal Year End: December
IPO Date: Aug 27, 2012
Description:

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans, such as secured and unsecured, real estate construction and acquisition, and commercial and industrial loans; consumer loans, such as automobiles, home improvements, education, overdraft protection, and personal, and residential mortgages loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it offers other banking services that include safe deposit boxes, direct deposit of payroll, social security checks, and debit cards; online banking products, including online and mobile banking, online account opening, bill payment, electronic statement, mobile deposit, Zelle, credit monitoring tools, digital wallet, MoneyPass, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

Address:

1300 Kings Mountain Road, Martinsville, VA, United States, 24112

People

Directors & Officers

Name Title Year Born
Mr. Litz H. Van Dyke CEO & Director 1964
Ms. Phyllis Q. Karavatakis Vice Chairman 1956
Ms. Wendy S. Bell Senior EVP & Chief Financial Officer 1964
Ms. Kimberly Dempsey Schaufenbuel Executive VP & Chief Human Resources Officer NA
Mr. A. Loran Adams Executive VP & Director of Regulatory Risk Management 1962
Mr. Jayson Philbeck Senior Vice President of Commercial Banking NA
Mr. Brad Wilson Senior VP & Commercial Market Executive NA
Ms. Joyce A. Parker Secretary NA
Misty Powell Assistant Vice President NA
Bill Hubble Vice President and Managing Officer of Blacksburg Office NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Oct 30, 2025 Robert M Bolton N/A Sale 1.90K $17.23 $32.75K
Jul 30, 2025 Catharine L Midkiff N/A Sale 2.00K $17.76 $35.52K
Jun 12, 2025 Kevin S Bloomfield N/A Sale 1.63K $16.81 $27.38K
Jun 11, 2025 Kevin S Bloomfield N/A Sale 4.51K $16.71 $75.35K
Jun 09, 2025 Kevin S Bloomfield N/A Sale 1.00K $16.52 $16.52K
Jun 02, 2025 Catharine L Midkiff N/A Purchase 200.00 $16.47 $3.29K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 1.67M Mar 31, 2026 7.51% $0.00 -0.60%
Fourthstone LLC 1.50M Mar 31, 2026 6.76% $5.94 21.49%
Vanguard Group Inc 1.29M Dec 31, 2025 5.80% $0.00 0.36%
Dimensional Fund Advisors, Inc. 1.18M Mar 31, 2026 5.29% $0.01 4.64%
Vanguard Capital Management, LLC 984.98K Mar 31, 2026 4.43% $0.00 0.00%
American Century Companies Inc 540.87K Mar 31, 2026 2.43% $0.01 14.16%
Geode Capital Management, LLC 515.98K Mar 31, 2026 2.32% $0.00 1.51%
State Street Corp 498.90K Mar 31, 2026 2.25% $0.00 -3.56%
Kennedy Capital Management Inc 449.62K Mar 31, 2026 2.02% $0.22 1.89%
Petiole USA ltd 381.37K Mar 31, 2026 1.72% $6.22 -1.42%
The Goldman Sachs Group Inc 356.39K Mar 31, 2026 1.60% $0.00 18.58%
Maltese Capital Management LLC 328.89K Mar 31, 2026 1.48% $1.51 -16.91%
Basswood Capital Management LLC 227.72K Mar 31, 2026 1.02% $0.25 0.00%
Huber Capital Management LLC 190.55K Mar 31, 2026 0.86% $0.69 -0.26%
Hotchkis & Wiley Capital Management LLC 189.43K Mar 31, 2026 0.85% $0.01 -0.95%
Northern Trust Corp 175.47K Mar 31, 2026 0.79% $0.00 2.44%
Vanguard Portfolio Management, LLC 163.88K Mar 31, 2026 0.74% $0.00 0.00%
Algert Global LLC 156.78K Mar 31, 2026 0.71% $0.06 0.00%
Vanguard Fiduciary Trust Co 147.48K Mar 31, 2026 0.66% $0.00 0.00%
Diversified Trust Co 141.76K Jun 30, 2026 0.64% $0.08 7.81%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 676.58K 3.04% ▲ 2.30% Jun 30, 2026
2 iShares Russell 2000 ETF 574.49K 2.59% ▲ 0.60% Jun 30, 2026
3 Avantis US Small Cap Value ETF 565.55K 2.55% ▲ 0.15% Jun 30, 2026
4 State Street® SPDR® S&PRgnllBkgETF 378.49K 1.70% ▲ 2.10% Jun 30, 2026
5 DFA US Small Cap Value I 274.27K 1.23% ▲ 0.00% May 31, 2026
6 Vanguard Institutional Extnd Mkt Idx Tr 256.81K 1.16% ▲ 3.39% Jun 30, 2026
7 Fidelity Small Cap Index 213.26K 0.96% ▲ 1.24% Apr 30, 2026
8 Huber Small Cap Value 190.15K 0.86% ▲ 0.00% Mar 31, 2026
9 Kennedy Micro Cap 189.32K 0.85% ▼ 12.17% Jun 30, 2026
10 iShares Russell 2000 Value ETF 165.14K 0.74% ▼ 0.69% Jun 30, 2026

Financial Highlights

Market Cap: $757.10M
P/E Ratio: $5.87
PEG Ratio: $0.00
Book Value: $24.33
Dividend/Share: $0.00
Dividend Yield: 0.00%
Earnings/Share: $5.80
Profit Margin: 44.92%
Operating Margin: 55.04%
ROA (TTM): 2.68%
ROE (TTM): 27.22%
Revenue (TTM): $286.21M
Revenue/Share (TTM): $13.03
Earnings Growth (YOY): 253.90%
Revenue Growth (YOY): 68.30%

Valuation Metrics

Enterprise Value: $546.54M
Trailing P/E: 5.87
Forward P/E: 13.66

Shares Statistics

Shares Outstanding: 22.22M
Shares Float: 19.74M
% Insiders: 225.60%
% Institutions: 5,920.70%
Short % Float: 8.59%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$254.63M
Cost of Goods Sold
adjust
$-97.57M
Gross Profit
subtotal
$157.06M
SG&A
adjust
$-75.36M
Other Operating Expense
adjust
$-41.69M
Operating Income
subtotal
$40.00M
Other / Non-Operating Items
adjust
$-8.64M
Net Income
subtotal
$31.36M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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