Carter Bankshares, Inc. financial data

Symbol
CARE on Nasdaq
Location
1300 Kings Mountain Road, Martinsville, VA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.09K % -8.13%
Return On Equity 7.95 % +126%
Return On Assets 0.67 % +146%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 22.7M shares -1.75%
Common Stock, Shares, Outstanding 22.7M shares -1.75%
Entity Public Float 342M USD +0.71%
Common Stock, Value, Issued 22.7M USD -1.75%
Weighted Average Number of Shares Outstanding, Basic 22.8M shares -0.09%
Weighted Average Number of Shares Outstanding, Diluted 22.8M shares -0.09%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 39.5M USD +152%
Income Tax Expense (Benefit) 8.1M USD +144%
Net Income (Loss) Attributable to Parent 31.4M USD +154%
Earnings Per Share, Basic 1 USD/shares +147%
Earnings Per Share, Diluted 1 USD/shares +147%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 72.1M USD -1.69%
Operating Lease, Right-of-Use Asset 294K USD -29.8%
Goodwill 1.19M USD
Assets 4.78B USD +5.55%
Liabilities 4.38B USD +5.05%
Accumulated Other Comprehensive Income (Loss), Net of Tax -52.3M USD +25%
Retained Earnings (Accumulated Deficit) 351M USD +9.81%
Stockholders' Equity Attributable to Parent 406M USD +11.3%
Liabilities and Equity 4.78B USD +5.55%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 6.38M USD -63.8%
Net Cash Provided by (Used in) Financing Activities 32.5M USD +26.5%
Net Cash Provided by (Used in) Investing Activities -81.1M USD -891%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 23.9M shares -4.37%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -42.2M USD -179%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 99.9M USD +61.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 27.4M USD +9.81%
Deferred Tax Assets, Valuation Allowance 903K USD +2.15%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 41.8M USD -9.88%
Operating Lease, Liability 299K USD -32.2%
Payments to Acquire Property, Plant, and Equipment 1.52M USD +16.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 48.8M USD +97.3%
Lessee, Operating Lease, Liability, to be Paid 327K USD -33.7%
Property, Plant and Equipment, Gross 122M USD +5.81%
Lessee, Operating Lease, Liability, to be Paid, Year Two 107K USD -17.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 131K USD -21.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 1.12M USD +493%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 28K USD -46.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 89K USD -16.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD -100%
Additional Paid in Capital 84.1M USD -7.81%
Depreciation, Depletion and Amortization 1.91M USD +14.3%
Deferred Tax Assets, Net of Valuation Allowance 40.9M USD -10.1%
Interest Expense 88.6M USD +228%