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Carter Bankshares, Inc. (CARE) is a financial services company in the US eastern and southern banking institutions industry, based in Martinsville, United States, with about 687 full-time employees.
It reported revenue of $149.03 million for fiscal year 2025, up 12.6% from fiscal year 2024, and net income of $31.36 million. Its market capitalization was $698.62 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit.
Carter Bankshares reported $149.03 million in revenue for fiscal year 2025, up 12.6% from $132.40 million in fiscal year 2024.
$698.62 million as of October 9, 2026.
Listed companies of a similar size in the same industry (US eastern and southern banking institutions) include Shore Bancshares, Inc. (SHBI), Camden National Corporation (CAC), Washington Trust Bancorp, Inc. (WASH), Arrow Financial Corporation (AROW).