Carter Bankshares, Inc.

Carter Bankshares, Inc.verified

CARE

Price:

$18.18

Market Cap:

$419.46M

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

The ROE as of September 2024 (TTM) for Carter Bankshares, Inc. (CARE) is 3.52%

According to Carter Bankshares, Inc.’s latest financial reports and current stock price. The company's current ROE is 3.52%. This represents a change of 302.30% compared to the average of 0.87% of the last 4 quarters.

Carter Bankshares, Inc. (CARE) Historical ROE (quarterly & annually)

How has CARE ROE performed in the past?

The mean historical ROE of Carter Bankshares, Inc. over the last ten years is 4.87%. The current 3.52% ROE has changed -27.79% with respect to the historical average. Over the past ten years (40 quarters), CARE's ROE was at its highest in in the December 2022 quarter at 4.75%. The ROE was at its lowest in in the September 2020 quarter at -13.27%.

Quarterly (TTM)
Annual

Average

4.87%

Median

6.14%

Minimum

-10.42%

Maximum

15.25%

Carter Bankshares, Inc. (CARE) ROE by Quarter and Year

Discovering the peaks and valleys of Carter Bankshares, Inc. ROE, 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 = 105.82%

Maximum Annual ROE = 15.25%

Minimum Annual Increase = -1831.78%

Minimum Annual ROE = -10.42%

Quarterly (TTM)
Annual
YearROEChange
20236.66%-56.35%
202215.25%96.78%
20217.75%-174.39%
2020-10.42%-285.47%
20195.62%105.82%
20182.73%-1831.78%
2017-0.16%-104.29%
20163.68%-59.95%
20159.18%9.17%
20148.41%20.91%

Carter Bankshares, Inc. (CARE) Average ROE

How has CARE ROE performed in the past?

The current ROE of Carter Bankshares, Inc. (CARE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.89%

5-year avg

4.97%

10-year avg

4.87%

Carter Bankshares, Inc. (CARE) ROE vs. Peers

How is CARE’s ROE compared to its peers?

Carter Bankshares, Inc.’s ROE is less than Home Bancorp, Inc. (9.98%), less than Community West Bancshares (0.05%), less than First Community Corporation (8.33%), less than Great Southern Bancorp, Inc. (10.62%), less than Affinity Bancshares, Inc. (4.51%), greater than First Northwest Bancorp (-0.73%), less than HMN Financial, Inc. (4.89%), less than Oak Valley Bancorp (15.52%), less than Oconee Federal Financial Corp. (6.71%), less than Cullman Bancorp, Inc. (3.60%), less than Chemung Financial Corporation (12.30%), less than Bank7 Corp. (17.89%), less than Orange County Bancorp, Inc. (21.15%), less than ChoiceOne Financial Services, Inc. (11.34%), less than Home Federal Bancorp, Inc. of Louisiana (6.90%), less than HV Bancorp, Inc. (2.09%), less than Lake Shore Bancorp, Inc. (5.21%),

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