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Carter Bankshares Inc (CARE)

Carter Bankshares Inc (CARE)
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Carter Bankshares Inc. is a bank holding company and the parent company of Carter Bank & Trust. It offer checking, savings, retirement, money market accounts, longer-term certificates of deposit as well as loans. Carter Bankshares Inc., formerly known as Carter Bank & Trust, is headquartered in Martinsville, Virginia.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 254,630 243,100 214,700 181,900 162,780
Sales Growth +4.74% +13.23% +18.03% +11.75% -2.83%
Net Income 31,360 24,280 23,190 49,820 31,460
Net Income Growth +29.16% +4.70% -53.45% +58.36% +168.60%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 4,659,190 4,512,540 4,204,520 4,133,750 4,179,180
Total Assets Growth +3.25% +7.33% +1.71% -1.09% +4.32%
Total Liabilities 4,274,880 4,161,300 3,875,890 3,726,150 3,739,010
Total Liabilities Growth +2.73% +7.36% +4.02% -0.34% +5.83%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 36,940 46,730 70,790 77,540 7,700
Operating Cash Flow Growth -20.95% -33.99% -8.71% +907.01% -79.89%
Net Cash Flow 76,640 7,660 -230,930 35,860 116,130
Change in Net Cash Flow +900.52% +103.32% -743.98% -69.12% +169.12%
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