Carter Bankshares, Inc.
Carter Bankshares, Inc. (Nasdaq: CARE) is a financial holding company that conducts its business through Carter Bank & Trust, a Virginia-chartered bank serving personal and business customers in Virginia and North Carolina. The bank provides commercial and consumer banking, mortgage lending, deposit accounts, digital… From the company’s description.
Over the twelve months to Sep 30, 2026, Carter Bankshares, Inc. reported revenue of $261.63M, up 76.9% from a year earlier, and net income of $130.91M. Its pre-tax margin was 63.0%. In fiscal 2025, it reported revenue of $153.22M, up 12.8% from fiscal 2024, and net income of $31.36M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Carter Bankshares, Inc. does
In the company’s own words
Carter Bankshares, Inc. (Nasdaq: CARE) is a financial holding company that conducts its business through Carter Bank & Trust, a Virginia-chartered bank serving personal and business customers in Virginia and North Carolina. The bank provides commercial and consumer banking, mortgage lending, deposit accounts, digital banking, treasury and cash management, and related financial services. Its lending includes commercial real estate, construction, commercial and industrial, residential mortgage, automobile, home improvement and personal loans. The company operates as a single bank business, with revenue primarily from interest on loans and investment securities and fees for financial services. At December 31, 2025, it had $4.9 billion in assets, 64 branches and 687 full-time associates. The bank began operations in 2006 through the merger of ten banking institutions; Carter Bankshares became its parent company following a 2020 corporate reorganization. In May 2025, the company acquired two North Carolina branch facilities and associated deposits from First Reliance Bank. Its website is www.cbtcares.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Commercial Banks
- Headquarters
- MARTINSVILLE, VA
- Fiscal year end
- December
- CIK
- 1829576
- SIC
- 6021
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Carter Bankshares, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Carter Bankshares, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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