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Carter Bankshares ( (CARE) ) just unveiled an announcement.
Carter Bankshares, Inc. released an investor presentation detailing its financial performance and strategic initiatives as of the third quarter of 2025. The company reported a 3.1% growth in deposits compared to the previous year and highlighted a strong liquidity position. With $4.8 billion in assets and $3.8 billion in loans, the bank is focused on expanding its market presence, particularly in North Carolina and South Carolina, while maintaining a well-capitalized franchise. The presentation also noted the company’s efforts in onboarding new customers and hiring new executives to support its growth strategy.
The most recent analyst rating on (CARE) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Carter Bankshares stock, see the CARE Stock Forecast page.
Spark’s Take on CARE Stock
According to Spark, TipRanks’ AI Analyst, CARE is a Neutral.
Carter Bankshares’ overall stock score is driven by its strong financial performance, particularly in profitability and cash flow management. However, technical analysis indicates bearish momentum, and the lack of a dividend yield may deter some investors. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on CARE stock, click here.
More about Carter Bankshares
Carter Bankshares, Inc. operates in the financial services industry, primarily offering banking products and services. The company, headquartered in Martinsville, Virginia, has a significant presence with 64 branches and 10 corporate centers, focusing on retail customers with a diversified deposit base. It was originally established as First National Bank of Rocky Mount in 1974 and later evolved into Carter Bankshares, Inc. in 2020.
Average Trading Volume: 84,920
Technical Sentiment Signal: Buy
Current Market Cap: $385.6M
For a thorough assessment of CARE stock, go to TipRanks’ Stock Analysis page.