Benzinga·Jun 29, 2026
Top 3 Financial Stocks That May Fall Off A Cliff In Q2As of June 29, 2026, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Carter Bankshares, Inc.(CARE)Earnings, Financials & Key Ratios
CARE•NASDAQ•Banking & Credit
$32.32
23.1× P/E·Price updated Jul 7, 2026
AboutCarter 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, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, 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, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. It operates through 69 branches in Virginia and North Carolina. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.Show more
- Net Interest Income$131M+15.3%
- Total Revenue$255M+6.2%
- Net Income$31M+27.9%
- Return on Equity7.8%+17.0%
- Net Interest Margin2.7%+10.7%
- Efficiency Ratio45.97%+3.4%
- ROA0.66%+23.3%
- Equity / Assets8.65%+4.9%
- Book Value per Share18.69+13.0%
CARE Price & Volume
Carter Bankshares, Inc. (CARE) stock price & volume — 10-year historical chart
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Non-Recurring Revenue Gains Mask Credit Provisioning Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Commercial real estate concentration
Key Thesis Takeaways
- Carter Bankshares exhibits a complex financial profile characterized by a recent surge in non-interest income to $71.0 million, which significantly bolstered the 2026Q1 net income to $85.8 million.
- While this performance suggests improved operational efficiency with an efficiency ratio of 23.8%, investors should remain cautious regarding the $34.1 million provision for credit losses, which highlights ongoing sensitivity to commercial real estate concentrations.
- The bank's strategic pivot toward liquidity and capital preservation, evidenced by an equity-to-assets ratio of 0.11, provides a necessary buffer against potential asset quality deterioration.
Verdict Logic
while the forward P/E of 6.15 appears attractive, the substantial $34.1 million provision for credit losses in 2026Q1 warrants further investigation into the underlying quality of the commercial loan portfolio.
CARE Growth Metrics
Carter Bankshares, Inc. (CARE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.46%
5 Years9.23%
3 Years12.43%
TTM-
Profit CAGR
10 Years-2.2%
5 Years-
3 Years-14.47%
TTM290.99%
EPS CAGR
10 Years-0.62%
5 Years-
3 Years-11.65%
TTM310.83%
Return on Capital
10 Years3.61%
5 Years7.23%
3 Years5.34%
Last Year6.98%
CARE Recent Earnings
Carter Bankshares, Inc. (CARE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.40-89.8%
$3.91
Rev
$107M-11.3%
$121M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$0.41+24.2%
$0.33
Rev
$40M-2.0%
$41M
Q4 2025
Oct 23, 2025Metric
Actual
Est
EPS
$0.26-33.3%
$0.39
Rev
$38M-6.4%
$41M
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.41+32.3%
$0.31
Rev
$40M+3.5%
$39M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.40vs $3.91-89.8% | $107Mvs $121M-11.3% |
| Q1 2026 | Jan 29, 2026 | $0.41vs $0.33+24.2% | $40Mvs $41M-2.0% |
| Q4 2025 | Oct 23, 2025 | $0.26vs $0.39-33.3% | $38Mvs $41M-6.4% |
| Q3 2025 | Jul 24, 2025 | $0.41vs $0.31+32.3% | $40Mvs $39M+3.5% |
Based on last 12 quarters of dataView full earnings history →
Latest CARE News
Recent stock market news and headlines for Carter Bankshares, Inc. (CARE)
GuruFocus·Jun 16, 2026
Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds LastMatching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last PR Newswire OA
PRNewsWire·Jun 15, 2026
DEPEND® AND DEION "COACH PRIME" SANDERS ENCOURAGE PROACTIVE CARE DURING MEN'S HEALTH MONTHCoach Prime encourages men to get their annual physicals and shares words of encouragement as the new face of Depend Real Fit® packaging CHICAGO, June 15, 2026 /PRNewswire/ -- This Men's Health Month, Depend®, the #1 brand of absorbent underwear, and Deion "Coach Prime" Sanders are encouraging men to take a proactive approach to their health with "Depend Wake Up Calls" – reminding Men to stop putting off regular checkups and screenings. Now through the end of the month, consumers can sign up to receive a video message from Coach Prime, delivered in his signature motivational style and centered on accountability, preparation, and confidence.
Peers Comparison
Key metrics vs top competitors for Carter Bankshares, Inc. (CARE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $32.32 | $718.22M | 23.09 | 6.24% | 12.32% | 7.8% | — | |
| $49.63 | $2.58B | 14.90 | 10.36% | 19.66% | 9.83% | — | |
| $43.69 | $1.22B | 13.83 | 3.58% | 18.28% | 10.19% | — | |
| $14.84 | $619.78M | 749.49 | -26.69% | 1.79% | 0.68% | — | |
| $24.06 | $171.21M | 13.67 | -1.44% | 12.96% | 7.98% | — | |
| $36.20 | $230.54M | 14.54 | 7.88% | 20.41% | 9.76% | — |
Compare CARE vs Peers
Carter Bankshares, Inc. (CARE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CARE SEC Filings & Documents
Carter Bankshares, Inc. (CARE) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 29, 2026·SEC
Material company update
May 29, 2026·SEC
Material company update
May 1, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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CARE Frequently Asked Questions
Carter Bankshares, Inc. (CARE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Carter Bankshares, Inc. growing?
Carter Bankshares, Inc. (CARE) grew revenue by 6.2% over the past year. This is steady growth.
Is CARE profitable?
Yes, Carter Bankshares, Inc. (CARE) is profitable, generating $108.2M in net income for fiscal year 2025 (12.3% net margin).
Dividend & Returns
What is CARE's return on equity?
Carter Bankshares, Inc. (CARE) has a return on equity (ROE) of 7.8%. This is below average, suggesting room for improvement.
Industry Metrics
What is Carter Bankshares, Inc.'s net interest margin?
Carter Bankshares, Inc. (CARE) has a net interest margin (NIM) of 2.7%. NIM has been under pressure due to interest rate environment.
What is Carter Bankshares, Inc.'s efficiency ratio?
Carter Bankshares, Inc. (CARE) has an efficiency ratio of 46.0%. This is excellent, indicating strong cost control.