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Carter Bankshares, Inc. (CARE) Fundamental Analysis & AI Grade 2026

CARE Nasdaq National Commercial Banks VA CIK: 0001829576
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
56% Confidence
AGREEMENT
C
45% Conf
B
68% Conf

📊 CARE Key Takeaways

Revenue: $59.2M
Net Margin: 144.9%
Free Cash Flow: $302.4M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $3.88
AI Grade: C with 45% confidence
Carter Bankshares, Inc. (CARE) receives a C fundamental grade with 56% confidence from our AI analysis based on SEC 10-K filings. With revenue of $59.2M, net profit margin of 144.9%, and return on equity (ROE) of 17.0%, Carter Bankshares, Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete CARE stock analysis for 2026.

Is Carter Bankshares, Inc. (CARE) a Good Investment?

Claude

While Carter Bankshares maintains a fortress balance sheet with zero debt and strong liquidity, the 91.3% YoY revenue collapse indicates severe fundamental deterioration in core banking operations. Net income growth appears driven by one-time gains rather than operational improvement, making current profitability metrics unsustainable and masking a business in distress.

ChatGPT

Carter Bankshares shows solid bottom-line resilience, with net income, EPS, and free cash flow remaining positive despite a severe reported revenue decline. Balance sheet leverage appears conservative with meaningful equity capital and no reported long-term debt, but the extreme margin figures and sharp revenue contraction suggest earnings quality and reported fundamentals may be distorted by non-core items or bank-specific accounting effects. Overall, the company looks financially stable, but growth quality is unclear and warrants caution.

Carter Bankshares, Inc. Key Strengths (CARE)

Claude
  • + Zero debt position with healthy Debt/Equity of 0.00x
  • + Robust cash generation: $302.4M free cash flow despite revenue decline
  • + Strong liquidity with $228.3M cash reserves and $4.8B asset base
  • + Positive EPS growth of 30.2% YoY and 17% ROE
ChatGPT
  • + Positive net income and EPS growth despite top-line pressure
  • + Conservative leverage profile with no reported long-term debt and positive equity base
  • + Positive operating cash flow and free cash flow support internal capital generation

CARE Stock Risks: Carter Bankshares, Inc. Investment Risks

Claude
  • ! Catastrophic 91.3% YoY revenue decline indicates systemic operational failure
  • ! Operating and net margins exceeding 100% suggest earnings driven by non-recurring gains, not sustainable operations
  • ! Operating income ($110M) exceeding revenue ($59.2M) indicates structural accounting anomaly likely from loan loss recoveries or one-time asset sales
  • ! FCF margin of 510.9% is unsustainable and masks weak underlying profitability
  • ! Potential undisclosed merger, restructuring, or regulatory capital event driving unusual metrics
ChatGPT
  • ! Reported revenue fell 91.3% year over year, raising concern about earnings durability
  • ! Unusually high operating and free cash flow margins suggest possible one-time items or classification noise
  • ! ROA of 0.6% and interest coverage of 1.6x indicate only modest underlying profitability for a bank

Key Metrics to Watch

Claude
  • * Normalized operating revenue and net interest income trends (excluding one-time gains)
  • * Quality of deposits and loan portfolio composition following restructuring
  • * Whether cash flow remains positive when one-time gains cease in subsequent quarters
ChatGPT
  • * Net interest income and net interest margin trend
  • * Provision for credit losses and nonperforming assets

Carter Bankshares, Inc. (CARE) Financial Metrics & Key Ratios

Revenue
$59.2M
Net Income
$85.8M
EPS (Diluted)
$3.88
Free Cash Flow
$302.4M
Total Assets
$4.8B
Cash Position
$228.3M

💡 AI Analyst Insight

The 510.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

CARE Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 185.9%
Net Margin 144.9%
ROE 17.0%
ROA 1.8%
FCF Margin 510.9%

CARE vs Finance Sector: How Carter Bankshares, Inc. Compares

How Carter Bankshares, Inc. compares to Finance sector averages

Net Margin
CARE 144.9%
vs
Sector Avg 25.0%
CARE Sector
ROE
CARE 17.0%
vs
Sector Avg 12.0%
CARE Sector
Current Ratio
CARE 0.0x
vs
Sector Avg 1.2x
CARE Sector
Debt/Equity
CARE 0.0x
vs
Sector Avg 2.0x
CARE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Carter Bankshares, Inc. Stock Overvalued? CARE Valuation Analysis 2026

Based on fundamental analysis, Carter Bankshares, Inc. appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
17.0%
Sector avg: 12%
Net Profit Margin
144.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Carter Bankshares, Inc. Balance Sheet: CARE Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
89.5%
Interest Coverage
4.29x
Long-term Debt
N/A

CARE Revenue & Earnings Growth: 5-Year Financial Trend

CARE 5-year financial data: Year 2021: Revenue $19.9M, Net Income $7.5M, EPS $0.29. Year 2022: Revenue $19.9M, Net Income $4.4M, EPS $0.17. Year 2023: Revenue $18.3M, Net Income $31.6M, EPS $1.19. Year 2024: Revenue $19.4M, Net Income $50.1M, EPS $2.03. Year 2025: Revenue $20.3M, Net Income $23.4M, EPS $1.00.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Carter Bankshares, Inc.'s revenue has shown modest growth of 2% over the 5-year period. The most recent EPS of $1.00 reflects profitable operations.

CARE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
510.9%
Free cash flow / Revenue

Carter Bankshares, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$303.9M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Capital Expenditures
$1.5M
Investment in assets
Dividends
None
No dividend program

CARE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Carter Bankshares, Inc. (CIK: 0001829576)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 8-K care-20260529.htm View →
May 29, 2026 8-K care-20260527.htm View →
May 26, 2026 4 xslF345X06/wk-form4_1779798282.xml View →
May 12, 2026 4 xslF345X06/wk-form4_1778598564.xml View →
May 11, 2026 4 xslF345X06/wk-form4_1778521450.xml View →

Frequently Asked Questions about CARE

What is the AI rating for CARE?

Carter Bankshares, Inc. (CARE) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 56% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CARE's key strengths?

Claude: Zero debt position with healthy Debt/Equity of 0.00x. Robust cash generation: $302.4M free cash flow despite revenue decline. ChatGPT: Positive net income and EPS growth despite top-line pressure. Conservative leverage profile with no reported long-term debt and positive equity base.

What are the risks of investing in CARE?

Claude: Catastrophic 91.3% YoY revenue decline indicates systemic operational failure. Operating and net margins exceeding 100% suggest earnings driven by non-recurring gains, not sustainable operations. ChatGPT: Reported revenue fell 91.3% year over year, raising concern about earnings durability. Unusually high operating and free cash flow margins suggest possible one-time items or classification noise.

What is CARE's revenue and growth?

Carter Bankshares, Inc. reported revenue of $59.2M.

Does CARE pay dividends?

Carter Bankshares, Inc. does not currently pay dividends.

Where can I find CARE SEC filings?

Official SEC filings for Carter Bankshares, Inc. (CIK: 0001829576) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CARE's EPS?

Carter Bankshares, Inc. has a diluted EPS of $3.88.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CARE's fundamental grade?

Based on our AI fundamental analysis in June 2026, Carter Bankshares, Inc. has a C grade with 56% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CARE stock overvalued or undervalued?

Valuation metrics for CARE: ROE of 17.0% (sector avg: 12%), net margin of 144.9% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

What is CARE's AI grade for 2026?

Our dual AI analysis gives Carter Bankshares, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CARE's free cash flow?

Carter Bankshares, Inc.'s operating cash flow is $303.9M, with capital expenditures of $1.5M. FCF margin is 510.9%.

How does CARE compare to other Finance stocks?

Vs Finance sector averages: Net margin 144.9% (avg: 25%), ROE 17.0% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI