Carter Bank Financials

CARE Stock  USD 18.65  0.19  1.01%   
Based on the analysis of Carter Bank's profitability, liquidity, and operating efficiency, Carter Bank and may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Carter Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 323.2 M, whereas Accounts Payable is forecasted to decline to about 4.2 B. Key indicators impacting Carter Bank's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.120.1993
Way Down
Slightly volatile
Current Ratio0.690.73
Notably Down
Pretty Stable
Investors should never underestimate Carter Bank's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Carter Bank's cash flow, debt, and profitability to make informed and accurate decisions about investing in Carter Bank and.

Net Income

16.68 Million

  
Understanding current and past Carter Bank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Carter Bank's financial statements are interrelated, with each one affecting the others. For example, an increase in Carter Bank's assets may result in an increase in income on the income statement.
Please note, the presentation of Carter Bank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Carter Bank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Carter Bank's management manipulating its earnings.

Carter Bank Stock Summary

Carter Bank competes with Fifth Third, Zions Bancorporation, Huntington Bancshares, PNC Financial, and Comerica. Carter Bankshares, Inc. operates as the bank holding company for Carter Bank Trust that provides various banking products and services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia. Carter Bankshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 731 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1461031064
CUSIP146103106 146102108
Business Address1300 Kings Mountain
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.carterbank.com
Phone276 656 1776
CurrencyUSD - US Dollar

Carter Bank Key Financial Ratios

Carter Bank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.2B4.1B4.2B4.5B4.6B
Other Liab16.6M13.0M20.7M18.0M16.2M13.4M
Retained Earnings304.2M254.6M235.5M285.6M309.1M323.2M
Accounts Payable3.5B3.7B3.7B3.6B4.2B4.2B
Cash125.8M241.9M277.8M46.9M54.5M51.8M
Other Assets2.2B2.3B1.9B2.4B(696.3M)(661.5M)
Inventory18.3M15.7M10.9M8.4M7.6M7.2M
Total Liab10M35M7M3.9B4.2B2.5B
Common Stock26.3M26.4M26.4M24.0M23.0M20.7M
Net Debt(115.8M)(206.9M)(270.8M)151.6M338.9M355.8M
Other Current Assets157.9M292.1M305.9M121.5M57.0M54.1M
Total Current Assets868.4M1.0B1.2B883.1M54.5M51.8M
Net Tangible Assets410.9M440.2M407.6M328.6M377.9M416.9M
Capital Stock26.3M26.4M26.4M24.0M23.0M20.3M

Carter Bank Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense46.8M35.8M22.7M20.3M74.1M77.8M
Total Revenue121.7M127.9M133.7M73K134.2M88.7M
Gross Profit121.7M127.9M133.7M73K134.2M84.8M
Operating Income27.8M(45.1M)35.7M82.0M28.7M45.5M
Income Before Tax27.8M(45.1M)35.7M61.7M28.7M20.0M
Net Income26.6M(45.9M)31.6M50.1M23.4M16.7M
Income Tax Expense1.2M772K4.1M11.6M5.3M3.3M
Ebit27.8M(45.1M)35.7M61.7M28.7M46.0M
Ebitda33.1M(38.9M)41.9M67.8M35.0M51.7M
Tax Provision1.2M772K4.1M11.6M8.8M9.2M
Net Interest Income112.2M105.1M111.2M139.9M135.4M124.4M
Interest Income159.0M140.9M133.9M160.2M191.7M168.1M

Carter Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Carter Bank's current stock value. Our valuation model uses many indicators to compare Carter Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Carter Bank competition to find correlations between indicators driving Carter Bank's intrinsic value. More Info.
Carter Bank and is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Carter Bank and is roughly  12.50 . At present, Carter Bank's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Carter Bank by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Carter Bank Systematic Risk

Carter Bank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Carter Bank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Carter Bank correlated with the market. If Beta is less than 0 Carter Bank generally moves in the opposite direction as compared to the market. If Carter Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Carter Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Carter Bank is generally in the same direction as the market. If Beta > 1 Carter Bank moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in Carter Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Carter Bank's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Carter Bank growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.28)

At present, Carter Bank's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Carter Bank November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Carter Bank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Carter Bank and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Carter Bank and based on widely used predictive technical indicators. In general, we focus on analyzing Carter Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Carter Bank's daily price indicators and compare them against related drivers.

Complementary Tools for Carter Stock analysis

When running Carter Bank's price analysis, check to measure Carter Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carter Bank is operating at the current time. Most of Carter Bank's value examination focuses on studying past and present price action to predict the probability of Carter Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carter Bank's price. Additionally, you may evaluate how the addition of Carter Bank to your portfolios can decrease your overall portfolio volatility.
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