Carter Bankshares, Inc. logo CARE - Carter Bankshares, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $27.00 DETAILS
HIGH: $27.00
LOW: $27.00
MEDIAN: $27.00
CONSENSUS: $27.00
DOWNSIDE: 1.60%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue
Revenue 254.6 239.7 211.8 179.2 156.4 163.8 168.4 157.9 144.3 146.7 164.6 159.1 158.2 168.1 164.6 165.8 158.1 150.9 157.2 21.5
Cost of Revenue 97.6 102.2 80.5 23.2 24.8 53.8 50.2 55.0 80.3 64.1 51.1 48.3 55.5 58.9 58.5 68.7 158.1 150.9 157.2 21.5
Gross Profit 157.1 137.4 131.3 156.0 131.6 109.9 118.2 102.9 64.0 82.6 113.5 110.8 102.7 109.2 106.1 97.1 0 0 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 75.4 66.6 62.5 55.8 57.3 56.3 60.1 57.8 53.9 47.5 44.1 40.1 41.6 42.5 43.5 45.5 40.9 35.2 32.4 5.5
Other Expenses 41.7 39.9 40.1 38.4 38.6 98.7 30.4 30.8 28.3 17.4 20.0 27.4 25.9 25.7 24.4 24.5 (20.4) (17.6) (16.2) (2.8)
Operating Expenses 117.1 106.6 102.6 94.3 95.9 155.0 90.4 88.6 82.2 64.9 64.1 67.5 67.6 68.1 67.9 70.0 20.4 17.6 16.2 2.8
Operating Income
Operating Income 40.0 30.9 28.7 61.7 35.7 (45.1) 27.8 14.3 (18.2) 17.6 49.4 43.3 35.2 41.1 38.3 27.1 18.1 9.9 16.3 2.7
Interest Expense 101.4 107.3 74.1 20.3 22.7 35.8 46.8 38.1 37.1 46.4 47.8 45.3 52.8 56.5 56.7 67.2 0.0 0.0 0 0
Interest Income 232.2 220.7 195.0 160.0 133.8 140.7 159.0 152.0 144.1 147.6 152.4 146.7 147.3 156.8 152.9 156.5 0 0 0 0
Profitability
EBITDA 40.0 37.9 35.0 67.8 41.9 (38.9) 33.1 18.0 (15.1) 20.9 55.1 54.1 46.0 51.9 48.9 37.6 29.1 20.2 26.8 3.1
EBIT 40.0 30.9 28.7 61.7 35.7 (45.1) 27.8 14.3 (18.2) 17.6 49.4 43.3 35.2 41.1 38.3 27.1 18.1 9.9 16.3 2.7
Income Before Tax 40.0 30.9 28.7 61.7 35.7 (45.1) 27.8 14.3 (18.2) 17.6 49.4 43.3 35.2 41.1 38.3 27.1 18.1 9.9 16.3 2.7
Income Tax Expense 8.6 6.3 5.3 11.6 4.1 0.8 1.2 2.4 (17.5) 1.6 10.2 9.8 9.1 10.8 8.2 4.3 0.3 0.2 3.1 0.8
Net Income 31.4 24.5 23.4 50.1 31.6 (45.9) 26.6 11.9 (0.7) 16.0 39.2 33.5 26.1 30.3 30.1 22.8 17.8 9.7 13.2 1.9
Per Share Data
EPS (Basic) 1.40 1.06 1.00 2.03 1.20 -1.74 1.01 0.45 -0.03 0.61 1.49 1.27 0.99 1.16 1.15 0.87 0.68 0.38 0.53 0.08
EPS (Diluted) 1.40 1.06 1.00 2.03 1.20 -1.74 1.01 0.45 -0.03 0.61 1.49 1.27 0.99 1.16 1.15 0.87 0.68 0.38 0.53 0.08
Shares Outstanding 22.5 23.2 23.2 24.6 26.3 26.4 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 26.3 25.9 25.0 25
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008
Current Assets
Cash & Cash Equivalents 105.2 131.2 54.5 46.9 277.8 241.9 125.8 293.6 268.6 694.8 0 0
Short-Term Investments 383.5 655.0 719.6 836.3 922.4 778.7 742.6 782.8 947.2 160.9 0 0
Net Receivables 0 63.5 59.4 0 0 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 300.0 274.8
Total Current Assets 488.7 849.6 833.5 883.1 1,200.2 1,020.6 868.4 1,076.6 1,215.8 855.7 300.0 274.8
Non-Current Assets
Property, Plant & Equipment 72.5 74.3 73.7 72.1 75.3 85.3 85.9 85.8 77.3 96.6 112.9 114.7
Goodwill 1.2 0 0 0 0 0 62.2 62.2 59.8 59.8 60.1 61.7
Intangible Assets 0.9 0 0 0 0 0 0 0 0 0 39.5 46.9
Long-Term Investments 4,126.8 3,559.3 3,408.9 3,055.1 2,716.4 2,930.7 2,865.7 2,667.2 2,649.6 3,416.0 0 1.9
Other Non-Current Assets 161.8 176.0 196.4 194.2 141.8 142.6 123.8 147.8 109.8 77.4 2,876.4 2,300.5
Total Non-Current Assets 4,363.3 3,809.6 3,679.0 3,321.4 2,933.5 3,158.6 3,137.7 2,963.0 2,896.5 3,649.8 3,088.9 2,525.7
Total Assets 4,851.9 4,659.2 4,512.5 4,204.5 4,133.7 4,179.2 4,006.1 4,039.6 4,112.3 4,505.5 3,388.9 2,800.5
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 17.9 0 0 0 0 0 0 1.9 1.3
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 4,210.9 4,153.4 3,721.9 3,632.5 3,698.5 3,684.6 3,504.2 3,591.2 3,669.6 4,063.8 976.1 833.4
Total Current Liabilities 4,210.9 4,153.4 3,721.9 3,650.4 3,698.5 3,684.6 3,504.2 3,591.2 3,669.6 4,063.8 978.0 834.7
Non-Current Liabilities
Long-Term Debt 178.5 70 393.4 180.6 7 35 10 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 42.8 51.5 46.0 44.9 20.7 19.4 18.8 12.2 10.6 7.0 2,100.1 1,662.3
Total Non-Current Liabilities 221.3 121.5 439.4 225.5 27.7 54.4 28.8 12.2 10.6 7.0 2,100.1 1,662.3
Total Liabilities 4,432.2 4,274.9 4,161.3 3,875.9 3,726.2 3,739.0 3,533.0 3,603.4 3,680.2 4,070.9 3,078.1 2,496.9
Stockholders' Equity
Common Stock 22.1 23.1 23.0 24.0 26.4 26.4 26.3 26.3 26.3 26.3 26.3 26.3
Retained Earnings 365.0 333.6 309.1 285.6 235.5 254.6 304.2 277.8 265.9 266.2 142.4 135.1
Accumulated Other Comprehensive Income (42.2) (64.5) (71.4) (85.6) 1.7 15.7 0.1 (10.1) (2.2) 0 0 0
Total Stockholders' Equity 419.7 384.3 351.2 328.6 407.6 440.2 473.1 436.2 432.1 434.6 310.8 303.5
Total Liabilities & Equity 4,851.9 4,659.2 4,512.5 4,204.5 4,133.7 4,179.2 4,006.1 4,039.6 4,112.3 4,505.5 3,388.9 2,800.5
Debt Metrics
Total Debt 178.5 70 393.4 198.4 7 35 10 0 0 0 1.9 1.3
Net Debt 73.3 (61.2) 338.9 151.6 (270.8) (206.9) (115.8) (293.8) (268.6) (694.8) 1.9 1.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 31.4 24.5 23.4 50.1 31.6 (45.9) 26.6 11.9 (0.7) 16.0
Depreciation & Amortization 7.9 7.1 6.2 6.1 6.2 6.1 5.3 3.7 3.1 3.3
Stock-Based Compensation 2.1 1.8 1.6 1.3 1.0 1.0 0.4 0.0 0 0
Change in Working Capital (2.0) 1.8 (1.4) (0.7) 5.6 (25.8) 10.9 (1.8) (4.5) (9.2)
Other Non-Cash Items (2.3) (1.4) 14.5 9.8 28.2 72.8 (7.1) 26.6 56.7 28.5
Operating Cash Flow 39.9 36.9 46.7 70.8 77.5 7.7 38.3 49.4 44.3 32.7
Investing Activities
Capital Expenditure (8.1) (8.1) (9.8) (5.9) (8.5) (10.1) (8.5) (14.6) (3.5) (0.8)
Acquisitions 53.6 0 0 0 (73.9) 0 0 0 0 0
Purchases of Investments (63.7) (25.1) (24.9) (135.6) (466.6) (277.6) (534.1) (201.2) (434.9) (125)
Sales/Maturities of Investments 115.9 81.4 92.2 104.5 307.3 267.0 588.7 352.3 364.4 667.4
Other Investing Activities (253.7) (116.5) (364.5) (345.0) 135.4 (72.5) (175.5) (82.2) (2.2) (94.0)
Investing Cash Flow (155.9) (68.4) (307.0) (382.1) (106.4) (93.3) (129.4) 54.2 (76.2) 447.5
Financing Activities
Net Debt Issuance 108.5 (323.4) 195.0 173.6 (28) 25 10 0 0 0
Stock Repurchased (20) 0 (16.4) (42.9) (0.2) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 (3.7) 0 0 0 (7.9)
Other Financing Activities 1.5 431.5 89.4 (50.3) 92.8 180.4 (86.9) (78.4) (394.2) (390.7)
Financing Cash Flow 90.0 108.1 267.9 80.3 64.7 201.7 (76.9) (78.4) (394.2) (398.6)
Cash Position
Net Change in Cash (26.0) 76.6 7.7 (230.9) 35.9 116.1 (168.0) 25.2 (426.2) 81.6
Cash at Beginning 131.2 54.5 46.9 277.8 241.9 125.8 293.8 268.6 694.8 613.2
Cash at End 105.2 131.2 54.5 46.9 277.8 241.9 125.8 293.8 268.6 694.8
Free Cash Flow 31.8 28.8 36.9 64.9 69.1 (2.4) 29.8 34.8 40.7 31.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Income Statement
Revenue 254.6 239.7 211.8 179.2 156.4 163.8 168.4 157.9 144.3 146.7 164.6 159.1 158.2 168.1 164.6 165.8 158.1 150.9 157.2 21.5
Gross Profit 157.1 137.4 131.3 156.0 131.6 109.9 118.2 102.9 64.0 82.6 113.5 110.8 102.7 109.2 106.1 97.1 0 0 0 0
Operating Income 40.0 30.9 28.7 61.7 35.7 (45.1) 27.8 14.3 (18.2) 17.6 49.4 43.3 35.2 41.1 38.3 27.1 18.1 9.9 16.3 2.7
Net Income 31.4 24.5 23.4 50.1 31.6 (45.9) 26.6 11.9 (0.7) 16.0 39.2 33.5 26.1 30.3 30.1 22.8 17.8 9.7 13.2 1.9
EPS (Diluted) 1.40 1.06 1.00 2.03 1.20 -1.74 1.01 0.45 -0.03 0.61 1.49 1.27 0.99 1.16 1.15 0.87 0.68 0.38 0.53 0.08
Balance Sheet
Cash & Equivalents 105.2 131.2 54.5 46.9 277.8 241.9 125.8 293.6 268.6 694.8 0 0
Total Assets 4,851.9 4,659.2 4,512.5 4,204.5 4,133.7 4,179.2 4,006.1 4,039.6 4,112.3 4,505.5 3,388.9 2,800.5
Total Debt 178.5 70 393.4 198.4 7 35 10 0 0 0 1.9 1.3
Stockholders' Equity 419.7 384.3 351.2 328.6 407.6 440.2 473.1 436.2 432.1 434.6 310.8 303.5
Cash Flow
Operating Cash Flow 39.9 36.9 46.7 70.8 77.5 7.7 38.3 49.4 44.3 32.7
Capital Expenditure (8.1) (8.1) (9.8) (5.9) (8.5) (10.1) (8.5) (14.6) (3.5) (0.8)
Free Cash Flow 31.8 28.8 36.9 64.9 69.1 (2.4) 29.8 34.8 40.7 31.8