Carter Bankshares Inc (CARE)

$11.54

-0.01

(-0.09%)▲

Market is closed - opens 7 PM, 25 Apr 2024

Insights on Carter Bankshares Inc

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 30.96M → 55.10M (in $), with an average increase of 22.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 4 quarters, 15.94M → -1.88M (in $), with an average decrease of 84.2% per quarter

  • Vs NU

    In the last 1 year, Nu Holdings Ltd. has given 118.9% return, outperforming this stock by 129.1%

Performance

  • $11.41
    $11.80
    $11.54
    downward going graph

    1.13%

    Downside

    Day's Volatility :3.31%

    Upside

    2.2%

    downward going graph
  • $10.43
    $16.74
    $11.54
    downward going graph

    9.62%

    Downside

    52 Weeks Volatility :37.69%

    Upside

    31.06%

    downward going graph

Returns

PeriodCarter Bankshares IncSector (Financials)Index (Russel 2000)
3 Months
-24.03%
6.8%
0.0%
6 Months
8.46%
28.1%
0.0%
1 Year
-10.19%
26.3%
1.3%
3 Years
-12.38%
16.2%
-22.1%

Highlights

Market Capitalization
265.9M
Book Value
$15.3
Earnings Per Share (EPS)
1.0
PE Ratio
11.54
PEG Ratio
0.0
Wall Street Target Price
16.67
Profit Margin
17.43%
Operating Margin TTM
5.17%
Return On Assets TTM
0.54%
Return On Equity TTM
6.88%
Revenue TTM
134.2M
Revenue Per Share TTM
5.77
Quarterly Revenue Growth YOY
-41.6%
Gross Profit TTM
158.1M
Diluted Eps TTM
1.0
Quarterly Earnings Growth YOY
-0.73
EPS Estimate Current Year
0.61
EPS Estimate Next Year
1.14
EPS Estimate Current Quarter
0.17
EPS Estimate Next Quarter
0.19

Analyst Recommendation

Buy
    70%Buy
    30%Hold
    0
    0%Sell
Based on 10 Wall street analysts offering stock ratings for Carter Bankshares Inc(by analysts ranked 0 to 5 stars)
Based on 10 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
7
Hold
3
3
3
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 44.45%

Current $11.54
Target $16.67

Company Financials

FY18Y/Y Change
Revenue
119.9M
↑ 6.81%
Net Income
11.9M
↓ 1848.16%
Net Profit Margin
9.93%
↑ 10.54%
FY19Y/Y Change
Revenue
121.7M
↑ 1.52%
Net Income
26.6M
↑ 123.23%
Net Profit Margin
21.83%
↑ 11.9%
FY20Y/Y Change
Revenue
127.9M
↑ 5.11%
Net Income
-45.9M
↓ 272.56%
Net Profit Margin
-35.84%
↓ 57.67%
FY21Y/Y Change
Revenue
133.7M
↑ 4.47%
Net Income
31.6M
↓ 168.89%
Net Profit Margin
23.63%
↑ 59.47%
FY22Y/Y Change
Revenue
73.0K
↓ 99.95%
Net Income
50.1M
↑ 58.65%
Net Profit Margin
68.7K%
↑ 68631.16%
FY23Y/Y Change
Revenue
214.7M
↑ 294006.85%
Net Income
23.4M
↓ 53.34%
Net Profit Margin
10.89%
↓ 68643.9%
Q3 FY22Q/Q Change
Revenue
42.0M
↑ 12.09%
Net Income
14.4M
↑ 33.68%
Net Profit Margin
34.31%
↑ 5.54%
Q4 FY22Q/Q Change
Revenue
73.0K
↓ 99.83%
Net Income
15.6M
↑ 8.34%
Net Profit Margin
21.4K%
↑ 21347.88%
Q1 FY23Q/Q Change
Revenue
45.0M
↑ 61600.0%
Net Income
15.9M
↑ 2.13%
Net Profit Margin
35.39%
↓ 21346.8%
Q2 FY23Q/Q Change
Revenue
31.0M
↓ 31.24%
Net Income
5.7M
↓ 64.22%
Net Profit Margin
18.42%
↓ 16.97%
Q3 FY23Q/Q Change
Revenue
31.8M
↑ 2.84%
Net Income
3.6M
↓ 36.41%
Net Profit Margin
11.39%
↓ 7.03%
Q4 FY23Q/Q Change
Revenue
55.1M
↑ 73.03%
Net Income
-1.9M
↓ 152.05%
Net Profit Margin
-3.43%
↓ 14.82%
FY18Y/Y Change
Total Assets
4.0B
↓ 1.77%
Total Liabilities
3.6B
↓ 2.09%
FY19Y/Y Change
Total Assets
4.0B
↓ 0.83%
Total Liabilities
10.0M
↓ 99.72%
FY20Y/Y Change
Total Assets
4.2B
↑ 4.32%
Total Liabilities
35.0M
↑ 250.0%
FY21Y/Y Change
Total Assets
4.1B
↓ 1.09%
Total Liabilities
7.0M
↓ 80.0%
FY22Y/Y Change
Total Assets
4.2B
↑ 1.71%
Total Liabilities
3.9B
↑ 55269.89%
FY23Y/Y Change
Total Assets
4.5B
↑ 7.33%
Total Liabilities
4.2B
↑ 7.36%
Q3 FY22Q/Q Change
Total Assets
4.1B
↓ 0.22%
Total Liabilities
3.8B
↑ 0.27%
Q4 FY22Q/Q Change
Total Assets
4.2B
↑ 2.19%
Total Liabilities
3.9B
↑ 2.01%
Q1 FY23Q/Q Change
Total Assets
4.4B
↑ 3.83%
Total Liabilities
435.1M
↓ 88.77%
Q2 FY23Q/Q Change
Total Assets
4.4B
↑ 0.42%
Total Liabilities
415.0M
↓ 4.62%
Q3 FY23Q/Q Change
Total Assets
4.5B
↑ 1.56%
Total Liabilities
514.1M
↑ 23.88%
Q4 FY23Q/Q Change
Total Assets
4.5B
↑ 1.36%
Total Liabilities
4.2B
↑ 709.38%
FY18Y/Y Change
Operating Cash Flow
49.1M
↑ 12.1%
Investing Cash Flow
54.2M
↓ 171.18%
Financing Cash Flow
-78.4M
↓ 80.1%
FY19Y/Y Change
Operating Cash Flow
38.3M
↓ 22.09%
Investing Cash Flow
-129.4M
↓ 338.49%
Financing Cash Flow
-76.9M
↓ 1.91%
FY20Y/Y Change
Operating Cash Flow
7.7M
↓ 79.88%
Investing Cash Flow
-93.3M
↓ 27.9%
Financing Cash Flow
201.7M
↓ 362.16%
FY21Y/Y Change
Operating Cash Flow
77.5M
↑ 906.46%
Investing Cash Flow
-106.4M
↑ 14.03%
Financing Cash Flow
64.7M
↓ 67.93%
FY22Y/Y Change
Operating Cash Flow
70.8M
↓ 8.7%
Investing Cash Flow
-382.1M
↑ 259.24%
Financing Cash Flow
80.4M
↑ 24.24%
Q3 FY22Q/Q Change
Operating Cash Flow
20.9M
↑ 45.87%
Investing Cash Flow
-20.3M
↓ 70.3%
Financing Cash Flow
-5.2M
↓ 132.25%
Q4 FY22Q/Q Change
Operating Cash Flow
23.1M
↑ 10.49%
Investing Cash Flow
-112.0M
↑ 452.83%
Financing Cash Flow
70.0M
↓ 1451.89%
Q1 FY23Q/Q Change
Operating Cash Flow
22.4M
↓ 2.85%
Investing Cash Flow
-125.5M
↑ 12.05%
Financing Cash Flow
137.5M
↑ 96.39%
Q2 FY23Q/Q Change
Operating Cash Flow
7.2M
↓ 68.1%
Investing Cash Flow
-50.9M
↓ 59.4%
Financing Cash Flow
15.7M
↓ 88.61%

Technicals Summary

Sell

Neutral

Buy

Carter Bankshares Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Carter Bankshares Inc
Carter Bankshares Inc
-6.1%
8.46%
-10.19%
-12.38%
34.97%
Nu Holdings Ltd.
Nu Holdings Ltd.
-11.5%
34.96%
118.9%
4.26%
4.26%
Icici Bank Ltd.
Icici Bank Ltd.
1.24%
18.83%
17.6%
64.3%
132.39%
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
1.95%
42.03%
27.78%
-12.31%
17.74%
U.s. Bancorp
U.s. Bancorp
-4.45%
32.98%
30.97%
-28.0%
-19.73%
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
-7.86%
15.43%
23.71%
23.95%
-26.94%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Carter Bankshares Inc
Carter Bankshares Inc
11.54
11.54
0.0
0.61
0.07
0.01
NA
15.3
Nu Holdings Ltd.
Nu Holdings Ltd.
52.0
52.0
NA
0.41
0.18
0.03
NA
1.34
Icici Bank Ltd.
Icici Bank Ltd.
18.38
18.38
0.0
1.36
0.19
0.02
0.01
347.9
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
13.22
13.22
3.46
12.65
0.11
0.01
0.04
128.98
U.s. Bancorp
U.s. Bancorp
13.64
13.64
1.14
3.86
0.09
0.01
0.05
31.26
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
9.62
9.62
0.86
0.83
0.18
0.01
0.01
19.4
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Carter Bankshares Inc
Carter Bankshares Inc
Buy
$265.9M
34.97%
11.54
17.43%
Nu Holdings Ltd.
Nu Holdings Ltd.
Buy
$52.0B
4.26%
52.0
27.8%
Icici Bank Ltd.
Icici Bank Ltd.
Buy
$92.3B
132.39%
18.38
30.73%
Pnc Financial Services Group, Inc.
Pnc Financial Services Group, Inc.
Buy
$62.7B
17.74%
13.22
25.68%
U.s. Bancorp
U.s. Bancorp
Buy
$64.0B
-19.73%
13.64
20.08%
Itaú Unibanco Holding S.a.
Itaú Unibanco Holding S.a.
Buy
$61.3B
-26.94%
9.62
26.58%

Institutional Holdings

  • BlackRock Inc

    7.52%

  • AllianceBernstein L.P.

    5.94%

  • Vanguard Group Inc

    5.33%

  • Dimensional Fund Advisors, Inc.

    3.24%

  • Geode Capital Management, LLC

    2.10%

  • State Street Corporation

    2.04%

Corporate Announcements

  • Carter Bankshares Inc Dividends March,2020

    In the quarter ending March,2020. Carter Bankshares Inc has declared dividend of $0.14

    Read More

Company Information

carter bankshares, inc. operates as the bank holding company for carter bank & trust that provides various banking products and services. it accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. the company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, and personal investment; real estate construction and acquisition loans; and home equity lines of credit, as well as originates and holds fixed and variable rate mortgage loans. in addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, mobile banking, debit cards, e-statements, and automated drafts for various accounts; insurance products; and treasury services. as of november 23, 2020, the company had 92 branch

Organization
Carter Bankshares Inc
Employees
679
CEO
Mr. Litz H. Van Dyke
Industry
Regional Banks

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