CA

Carter Bankshares IncNASDAQ CARE Stock Report

Last reporting period 30 Sep, 2023

Updated 21 Nov, 2024

Last price

Market cap $B

0.401

Micro

Exchange

XNAS - Nasdaq

CARE Stock Analysis

CA

Uncovered

Carter Bankshares Inc is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

8.3 %

Undervalued

Market cap $B

0.401

Dividend yield

0.72 %

Shares outstanding

23.922 B

Carter Bankshares, Inc. operates as a bank holding company, which offers deposit accounts, online account opening, and commercial, small business, and personal loan products and services. The company is headquartered in Martinsville, Virginia and currently employs 667 full-time employees. The company went IPO on 2007-02-28. The firm is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). The Bank is an insured, Virginia state-chartered bank, which operates branches in Virginia and North Carolina. The firm provides a full range of financial services with retail, and commercial banking products and insurance. The Company’s segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Residential Mortgages and Construction. The firm offers digital banking options through its website. Its customers can utilize online and mobile banking tools and its customer contact center for personal and automated telephone banking services. Its Retail branches offers lobby appointments, drive-up and virtual servicing. The firm has approximately 67 branches in Virginia and North Carolina.

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