Companies/Carter Bankshares, Inc.
Company profile

Carter Bankshares, Inc.

NASDAQ: CARE · Financial Services · Banks - Regional
PublicHQ Martinsville, VACIK 0001829576Reports USD
#564 of 1,012 Financial Services companies by revenue40th-percentile growth
EA Score
53D
Revenue TTM
$319.9M
Rev growth YoY (TTM)
+31.5%
Net income (FY)
$31.4M
Employees
687
as of 2026-08-11
Market cap
$703.0M
as of 2026-08-11

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$20.3M$20.3M2025
Net income$31.4M$31.4M2025
Total assets$4.9B$4.9B2025
Liabilities$4.4B$4.4B2025
Equity$419.7M$419.7M2025

Revenue trend

FY2021 – FY2025 · USD
FY21
FY21
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Bank Owned Life Insurance Income74%
Other Revenue26%
By geography

Not disclosed.

The read

What is Carter Bankshares, Inc.’s revenue?

Carter Bankshares, Inc. booked $20.3M in FY2025 revenue, growing 4.6% year over yearabout the middle of the pack among Financial Services companies we track, at a 154.4% net margin.

Key facts
CEOLitz H. Van Dyke
SectorFinancial Services
IndustryBanks - Regional
HeadquartersMartinsville, VA
ExchangeNASDAQ: CARE
Employees687
IPO date2007-03-15
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.