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NASDAQ · NATIONAL COMMERCIAL BANKS · MID CAP

Carter Bankshares, Inc. CARE

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$31.4M
▲ 27.9% YoY
$31.8M
▲ 10.4% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Bank is a Federal Deposit Insurance Corporation (“FDIC”) insured, Virginia state-chartered bank, which operates 64 branches in Virginia and North Carolina. The Company provides a full range of commercial banking, consumer banking, mortgage and services through the Bank. The Company was incorporated on October 7, 2020, to become the Bank’s parent bank holding company in a corporate reorganization (the “Reorganization”). As of December 31, 2025, the Company employed 687 full-time associates across our two-state footprint.

Written from the business description in Carter Bankshares, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 5 March 2026. Every sentence was checked against that document before publication.

Growth

·
Revenue, FY2025 · full 7-year series below
Compound annual growth
−14.5%
−12.1%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
ROE
FY2025 · ROE 7.8%
5%10%-5%-10%
201920222025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders

USD 20.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 31.8
25.0M50.0M
201920222025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 20.0
20M40M
2019202020212022202320242025

USD 20.0M in buybacks — 64% of the year's profit went back to shareholders.

Total assetsUSD 4.9B
EquityUSD 419.7M
CashUSD 105.2M
DepositsUSD 4.2B

Equity funds 9% of total assets.

The 7-year record

7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
CARE, 7-year financial record
Metric 2025202420232022202120202019
Revenue $B◌◌◌◌◌◌◌
Operating income $B0.00.00.00.10.0−0.00.0
EBITDA $B0.00.00.00.10.0−0.00.0
Income tax $B0.00.00.00.00.00.00.0
Net income $B0.00.00.00.10.0−0.00.0
Free cash flow $B0.00.00.00.10.1−0.00.0
EPS, diluted $1.381.061.002.031.19−1.741.01
Dividend / sh $◌◌◌◌◌0.14◌
Payout %———00−80
ROE %7.86.76.913.67.5−10.05.6
Shares out B0.020.020.020.020.030.03◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 7 of the 7 fiscal years we could check. 13 checks were skipped: the balance sheet is not tagged before 2020. 12 checks were skipped: EPS is not tagged before 2019.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityNational Commercial Banks
Listed onNASDAQ
Incorporated inVirginia
Fiscal year endsDecember 31
Data on record since2019

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