CARE
Price:
$20.01
Market Cap:
$461.67M
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and...[Read more]
Industry
Banks - Regional
IPO Date
2007-03-15
Stock Exchange
NASDAQ
Ticker
CARE
According to Carter Bankshares, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.48. This represents a change of 217.14% compared to the average of 0.15 of the last 4 quarters.
The mean historical Current Ratio of Carter Bankshares, Inc. over the last ten years is 1.14. The current 0.48 Current Ratio has changed 4.06% with respect to the historical average. Over the past ten years (40 quarters), CARE's Current Ratio was at its highest in in the March 2022 quarter at 0.88. The Current Ratio was at its lowest in in the December 2014 quarter at 0.
Average
1.14
Median
0.78
Minimum
0
Maximum
3.52
Discovering the peaks and valleys of Carter Bankshares, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 3.52
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 0.03 | -94.67% |
2022 | 0.64 | -5.56% |
2021 | 0.67 | -34.09% |
2020 | 1.02 | 15.93% |
2019 | 0.88 | -74.93% |
2018 | 3.52 | 4.07% |
2017 | 3.38 | 160.52% |
2016 | 1.30 | Infinity% |
2015 | 0 | 0% |
2014 | 0 | 0% |
The current Current Ratio of Carter Bankshares, Inc. (CARE) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.45
5-year avg
0.65
10-year avg
1.14
Carter Bankshares, Inc.’s Current Ratio is greater than Home Bancorp, Inc. (0.30), greater than Community West Bancshares (0.06), less than First Community Corporation (2.04), less than Great Southern Bancorp, Inc. (12.22), greater than Affinity Bancshares, Inc. (0.17), less than First Northwest Bancorp (2.40), less than HMN Financial, Inc. (4.41), greater than Oak Valley Bancorp (0.12), greater than Oconee Federal Financial Corp. (0.21), less than Cullman Bancorp, Inc. (76.62), greater than Chemung Financial Corporation (0.02), less than Bank7 Corp. (0.61), greater than Orange County Bancorp, Inc. (0.15), greater than ChoiceOne Financial Services, Inc. (0.28), greater than Home Federal Bancorp, Inc. of Louisiana (0.08), greater than HV Bancorp, Inc. (0), greater than Lake Shore Bancorp, Inc. (0.21),
Company | Current Ratio | Market cap |
---|---|---|
0.30 | $409.38M | |
0.06 | $385.73M | |
2.04 | $190.95M | |
12.22 | $740.18M | |
0.17 | $137.87M | |
2.40 | $98.02M | |
4.41 | $124.97M | |
0.12 | $249.37M | |
0.21 | $77.91M | |
76.62 | $65.65M | |
0.02 | $246.45M | |
0.61 | $438.38M | |
0.15 | $360.27M | |
0.28 | $322.68M | |
0.08 | $39.37M | |
0 | $77.41M | |
0.21 | $76.61M |
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What is the 5-year average Current Ratio for Carter Bankshares, Inc. (CARE)?
How does the current Current Ratio for Carter Bankshares, Inc. (CARE) compare to its historical average?