Carter Bankshares, Inc.
Company Information
Industry National Commercial Banks
SIC Code 6021
Entity Type operating
SEC Category Accelerated filer
State of Incorporation VA
Business Address 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE, VA, 24112
Mailing Address 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE, VA, 24112
Phone 276-656-1776
Fiscal Year End 1231
EIN 853365661
Financial Overview
FY2025
$31.36M
Net Income
$4.85B
Total Assets
$4.43B
Total Liabilities
$419.70M
Stockholders' Equity
$1.38
EPS
Recent SEC Filings
| Form Type | Date Filed | Document |
|---|---|---|
| SCHEDULE 13G/A Passive ownership amendment | March 26, 2026 | View on SEC |
| 8-K Current report of material events | March 26, 2026 | View on SEC |
| 4 Insider stock transaction report | March 13, 2026 | View on SEC |
| 4 Insider stock transaction report | March 13, 2026 | View on SEC |
| 4 Insider stock transaction report | March 13, 2026 | View on SEC |
| 4 Insider stock transaction report | March 13, 2026 | View on SEC |
| 4 Insider stock transaction report | March 13, 2026 | View on SEC |
| 10-K Annual financial report | March 5, 2026 | View on SEC |
| 4 Insider stock transaction report | February 27, 2026 | View on SEC |
| 4 Insider stock transaction report | February 27, 2026 | View on SEC |
Annual Reports
10-K March 5, 2026
- Achieved strong financial results in fiscal year 2023, with Net Income up 12% to $48.5 million and EPS growing to $1.95.
- Experienced significant balance sheet growth, with Total Assets increasing 18% to $6.2 billion and Total Deposits growing 19% to $5.3 billion.
Material Events
8-K Strategy Change March 26, 2026
High Impact
- Successful divestiture of problematic legacy loans tied to James C. Justice, II.
- Significant improvement in balance sheet health by removing major credit risk.
Related Companies
Companies in the same industry (SIC: 6021)
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Important Disclaimer
This AI-generated analysis is for informational purposes only and does not constitute financial or investment advice. Always consult with qualified professionals and conduct your own research before making investment decisions.