Companies/Carter Bankshares, Inc.

Company profile

Carter Bankshares, Inc.

NASDAQ: CARE · Financial Services · Banks - Regional

PublicHQ Martinsville, VACIK 0001829576Reports USD

#560 of 1,011 Financial Services companies by revenue40th-percentile growth

EA Score

53D

FH 53DQ 50GM 49SS 71

v0.1 · 65/100 weight · provisional

↑ Piotroski F, growth stability · ↓ disclosure history, 3-yr revenue growth

Methodology →

Revenue TTM

$319.9M

Rev growth YoY (TTM)

+31.5%

Net income (FY)

$31.4M

Employees

680

Market cap

$736.2M

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

$12.8M

FY21

$18.0M

FY21

$19.9M

FY21

$19.1M

FY22

$17.3M

FY23

$19.4M

FY24

$20.3M

FY25

Revenue by segment

Filed disclosures · FY2025

By product

Bank Owned Life Insurance Income74%

Other Revenue26%

By geography

Not disclosed.

The read

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

Peers · Financial Services

Tortoise Energy Infrastructure Corporation——Fidus Investment Corporation——Independent Bank Corporation61C Velocity Financial, Inc.——

Key facts

CEOLitz H. Van Dyke

SectorFinancial Services

IndustryBanks - Regional

HeadquartersMartinsville, VA

ExchangeNASDAQ: CARE

Employees680

IPO date2007-03-15

Latest filings

8-K2026-06-24 8-K2026-05-29 8-K2026-05-29 10-Q2026-05-07 8-K2026-05-01 8-K2026-05-01 8-K2026-04-23 8-K2026-04-23

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.