Stock events for Carter Bankshares, Inc. (CARE)
Over the past six months, Carter Bankshares, Inc. announced its third-quarter 2025 earnings on October 23, 2025, reporting $0.24 diluted EPS. On January 29, 2026, the company reported fourth-quarter and full-year 2025 financial results with quarterly net income of $0.38 diluted EPS, beating estimates. The stock price as of February 20, 2026, was $21.90 per share, a 28.90% increase from February 24, 2025. The stock reached a 52-week high of $22.51 on February 3, 2026. In February 2026, Kimberly Schaufenbuel was named EVP, Chief Human Resources Officer.
Demand Seasonality affecting Carter Bankshares, Inc.’s stock price
While specific demand seasonality data is not explicitly detailed, general trends in the banking sector suggest some seasonality. Loan applications typically increase in the spring and summer months and tend to decrease in the fall. Account openings remain strong through year-end, and a continuous marketing approach during holidays can be more effective.
Overview of Carter Bankshares, Inc.’s business
Carter Bankshares, Inc. is a financial institution operating as the holding company for Carter Bank & Trust, a community-focused bank established in 1919 and headquartered in Martinsville, Virginia. The company operates within the banking and financial services sector, aiming to foster financial well-being through responsible banking practices and a commitment to community development. Its services include deposit accounts, personal and business loans, mortgage services, wealth management, commercial banking solutions, online and mobile banking, ATMs, and treasury management services.
CARE’s Geographic footprint
Carter Bankshares, Inc. primarily operates across the southeastern United States, with a significant presence in Virginia and North Carolina. As of October 23, 2025, the company operated 64 branches in these two states. Carter Bank has expanded its footprint, entering the South Carolina market with an expansion into Greenville in November 2025 and opening a loan production office in Gastonia, North Carolina, in September 2025.
CARE Corporate Image Assessment
In the past year, Carter Bankshares, Inc. has significantly enhanced its brand reputation. Following a rebrand in 2024, Carter Bank received multiple national honors in December 2025, including accolades from the Brandies, the Transform Awards, the Davey Awards, and the MUSE Awards. Carter Bank was also named one of the Best Banks in Virginia by Forbes. In November 2025, Carter Bank also joined the Federal Reserve Bank of Richmond as a state member bank.
Ownership
Carter Bankshares, Inc. has a diverse ownership structure, with approximately 15.32% to 43.80% of the company's stock held by institutional investors, 3.67% by insiders, and 52.53% by retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Fourthstone LLC, among others.
