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Carter Bankshares Inc CARE

Morningstar Rating
$16.85 +0.07 (0.42%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CARE is trading within a range we consider fairly valued.
Price
$16.84
Fair Value
$92.67
Uncertainty
Very High
1-Star Price
$48.17
5-Star Price
$55.90
Economic Moat
Jbhr
Capital Allocation
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News

Trading Information

Previous Close Price
$16.78
Day Range
$16.4917.06
52-Week Range
$10.4317.32
Bid/Ask
$16.36 / $17.28
Market Cap
$388.78 Mil
Volume/Avg
79,575 / 88,327

Key Statistics

Price/Earnings (Normalized)
25.48
Price/Sales
3.05
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
3.64%

Company Profile

Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
679

Comparables

Valuation

Metric
CARE
SYBT
WSBF
Price/Earnings (Normalized)
25.4817.7229.87
Price/Book Value
1.072.070.87
Price/Sales
3.055.572.31
Price/Cash Flow
10.3113.65
Price/Earnings
CARE
SYBT
WSBF

Financial Strength

Metric
CARE
SYBT
WSBF
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
CARE
SYBT
WSBF
Return on Assets (Normalized)
0.34%1.36%0.47%
Return on Equity (Normalized)
4.41%13.03%2.87%
Return on Invested Capital (Normalized)
Return on Assets
CARE
SYBT
WSBF
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
BNPQY
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Intesa Sanpaolo ADR
ISNPY
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PNC Financial Services Group Inc
PNC
DzctyhvqSrvftc$72.0 Bil
U.S. Bancorp
USB
YydmkcvdlQlw$70.9 Bil
Truist Financial Corp
TFC
ZcpqklpjTlkwhmw$59.4 Bil
Itau Unibanco Holding SA ADR
ITUB
LncqrxgWcbg$54.6 Bil
Mizuho Financial Group Inc ADR
MFG
SlyrmtlwbTkgs$53.7 Bil
Lloyds Banking Group PLC ADR
LYG
WnknzvgdCbljnfp$48.6 Bil
NatWest Group PLC ADR
NWG
XdpshspkVsmq$38.6 Bil
Deutsche Bank AG
DB
XzmdbMgpw$30.5 Bil

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