Carter Bankshares, Inc. (CARE)

From the record

Carter Bankshares, Inc.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Carter Bankshares, Inc.'s 7 filed years say what it did: revenue went from $13 million in fiscal 2019 to $20 million in fiscal 2025, up 8% a year; it rose in 4 of 6 years; the deepest fall was 6% from fiscal 2022 to fiscal 2023; net income was positive in 6 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Carter Bankshares, Inc.'s diluted share count shrank about 3.0% a year, and dividends and buybacks returned about 29% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $120 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Carter Bankshares, Inc. earned about 7 cents of profit for every dollar of shareholders' money. Leverage: it owed about 91 cents per dollar of assets, and net share issuance: its share count shrank 1.6% over the year (the filed statements).

From the record

Carter Bankshares, Inc.'s standing among 79 graded names in its industry family: revenue of $20 million in fiscal 2025 ranks in the bottom 1% by size; a net margin of 154.4% ranks in the top 1%; revenue growth of 3.5% a year over the last 3 filed years ranks in the bottom 7% (its annual reports).

From the record

Carter Bankshares, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Van, Dyke Litz H (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2020-12-02, 5.9 years (bottom 46% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 5.7 years (bottom 31%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 3%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Carter Bankshares, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $105 million against no long-term debt tagged leaves 2.2% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is 156.6% of revenue (top 1%) (its annual report).

From the record

Carter Bankshares, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3.5% a year over the last three filed years against 8% over all 7, slowing (bottom 11% of its family); the newest year grew 4.6% (top 49%); capital spending grew 11% a year (top 45%) (its annual reports). Carter Bankshares, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Carter Bankshares, Inc.'s newest year against its own record: revenue of $20 million in fiscal 2025 came in 1.7% above the $20 million its prior three years' pace pointed to (top 12% of its family); net income of $31 million against a prior three-year average of $33 million (bottom 10%); a net margin of more than its whole revenue against more than its whole revenue before (bottom 2%) (its annual reports).