Carter Bankshares share price today

(CARE)

Carter Bankshares share price is $17.59 & ₹1,506.58 as on 1 Jan 2025, 2.30 'hrs' IST

$17.59

▲

-0.09

(-0.51%)

Market is closed - opens 8 PM, 02 Jan 2025

View live Carter Bankshares share price in Dollar and Rupees. Guide to invest in Carter Bankshares from India. Also see the sentimental analysis on Indian investors investing in Carter Bankshares. Get details on the Indian mutual funds that are investing in Carter Bankshares. Get Analyst recommendations and forecasts along with all the Carter Bankshares's financials.

Carter Bankshares share price movements

Today's Low: $17.54
Today's High: $17.87
$17.59
0.28%
Downside
Day's Volatility :1.85%
Upside
1.57%
52 Weeks Low: $10.95
52 Weeks High: $20.40
$17.59
37.75%
Downside
52 Weeks Volatility :46.32%
Upside
13.77%

Carter Bankshares Returns

Period	Carter Bankshares Inc	Sector (Financials)	Index (Russel 2000)
3 Months	3.41%	7.1%	0.0%
6 Months	18.93%	16.0%	0.0%
1 Year	22.32%	28.0%	0.0%
3 Years	13.05%	23.8%	-21.2%

Carter Bankshares Key Statistics

in dollars & INR

Previous Close	$17.68
Open	$17.81
Today's High	$17.87
Today's Low	$17.54
Market Capitalization	$405.8M
Today's Volume	$34.6K
52 Week High	$20.4
52 Week Low	$10.95
Revenue TTM	$128.5M
Earnings Per Share (EPS)	$0.63
PE Ratio	27.92
Profit Margin	11.17%
Quarterly Earnings Growth YOY	0.53%
Return On Equity TTM	4.0%

How to invest in Carter Bankshares from India?

It is very easy for Indian residents to invest directly in Carter Bankshares from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Carter Bankshares stock in both Indian Rupees (INR) and US Dollars (USD). Search for Carter Bankshares or CARE on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Carter Bankshares or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Carter Bankshares shares which would translate to 0.049 fractional shares of Carter Bankshares as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Carter Bankshares, in just a few clicks!

Returns in Carter Bankshares for Indian investors in Rupees

Investment Value

₹1,00,000

Carter Bankshares investment value today

Current value as on today

₹1,25,189

Returns

₹25,189

(+25.19%)

Returns from Carter Bankshares Stock

₹22,323 (+22.32%)

Dollar Returns

₹2,867 (+2.87%)

Indian investors sentiment towards Carter Bankshares

-8%

Period: Oct 3, 2024 to Jan 1, 2025. Change in 30 Days versus previous period

Search volume for Carter Bankshares on INDmoney from India has reduced in the last 30 days as on Jan 2, 2025. -8% less investors are searching Carter Bankshares in the last 30 days versus the previous period.

Global Institutional Holdings in Carter Bankshares

BlackRock Inc
7.27%
Vanguard Group Inc
5.66%
Dimensional Fund Advisors, Inc.
4.18%
AllianceBernstein L.P.
3.90%
Geode Capital Management, LLC
2.27%
State Street Corp
2.15%

Analyst Recommendation on Carter Bankshares

Buy

77%Buy

22%Hold

0%Sell

Based on 9 Wall street analysts offering stock ratings for Carter Bankshares(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Carter Bankshares

What analysts predicted

Upside of 30.76%

Current:

$17.59

Target:

$23.00

Insights on Carter Bankshares

Price Movement
In the last 6 months, CARE stock has moved up by 15.7%
Decreasing Revenue
Revenue is down for the last 2 quarters, 60.11M → 33.33M (in $), with an average decrease of 44.6% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 4.80M → 5.62M (in $), with an average increase of 14.7% per quarter
CARE vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 43.0% return, outperforming this stock by 24.8%
CARE vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 91.8% return, outperforming this stock by 77.5%
Price to Sales
ForCARE every $1 of sales, investors are willing to pay $3.1, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Carter Bankshares Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$119.9M	↑ 6.81%
Net Income	$11.9M	↓ 1848.16%
Net Profit Margin	9.93%	↑ 10.54%

	FY19	Y/Y Change
Revenue	$121.7M	↑ 1.52%
Net Income	$26.6M	↑ 123.23%
Net Profit Margin	21.83%	↑ 11.9%

	FY20	Y/Y Change
Revenue	$127.9M	↑ 5.11%
Net Income	$-45.9M	↓ 272.56%
Net Profit Margin	-35.84%	↓ 57.67%

	FY21	Y/Y Change
Revenue	$133.7M	↑ 4.47%
Net Income	$31.6M	↓ 168.89%
Net Profit Margin	23.63%	↑ 59.47%

	FY22	Y/Y Change
Revenue	$73.0K	↓ 99.95%
Net Income	$50.1M	↑ 58.65%
Net Profit Margin	68.7K%	↑ 68631.16%

	FY23	Y/Y Change
Revenue	$134.2M	↑ 183717.81%
Net Income	$23.4M	↓ 53.34%
Net Profit Margin	17.43%	↓ 68637.36%

	Q2 FY23	Q/Q Change
Revenue	$31.0M	↓ 31.24%
Net Income	$5.7M	↓ 64.22%
Net Profit Margin	18.42%	↓ 16.97%

	Q3 FY23	Q/Q Change
Revenue	$31.8M	↑ 2.84%
Net Income	$3.6M	↓ 36.41%
Net Profit Margin	11.39%	↓ 7.03%

	Q4 FY23	Q/Q Change
Revenue	$55.1M	↑ 73.03%
Net Income	$-1.9M	↓ 152.05%
Net Profit Margin	-3.43%	↓ 14.82%

	Q1 FY24	Q/Q Change
Revenue	$59.1M	↑ 7.23%
Net Income	$5.8M	↓ 407.79%
Net Profit Margin	9.83%	↑ 13.26%

	Q2 FY24	Q/Q Change
Revenue	$60.1M	↑ 1.73%
Net Income	$4.8M	↓ 17.35%
Net Profit Margin	7.99%	↓ 1.84%

	Q3 FY24	Q/Q Change
Revenue	$33.3M	↓ 44.56%
Net Income	$5.6M	↑ 17.2%
Net Profit Margin	16.89%	↑ 8.9%

	FY18	Y/Y Change
Profit	$119.9M	↑ 6.81%

	FY19	Y/Y Change
Profit	$121.7M	↑ 1.52%

	FY20	Y/Y Change
Profit	$127.9M	↑ 5.11%

	FY21	Y/Y Change
Profit	$133.7M	↑ 4.47%

	FY22	Y/Y Change
Profit	$73.0K	↓ 99.95%

	FY23	Y/Y Change
Profit	$134.2M	↑ 183717.81%

	Q2 FY23	Q/Q Change
Profit	$31.0M	↓ 31.24%

	Q3 FY23	Q/Q Change
Profit	$31.8M	↑ 2.84%

	Q4 FY23	Q/Q Change
Profit	$55.1M	↑ 73.03%

	Q1 FY24	Q/Q Change
Profit	$59.1M	↑ 7.23%

	Q2 FY24	Q/Q Change
Profit	$60.1M	↑ 1.73%

	Q3 FY24	Q/Q Change
Profit	$33.3M	↓ 44.56%

	FY18	Y/Y Change
Operating Cash Flow	$49.1M	↑ 12.1%
Investing Cash Flow	$54.2M	↓ 171.18%
Financing Cash Flow	$-78.4M	↓ 80.1%

	FY19	Y/Y Change
Operating Cash Flow	$38.3M	↓ 22.09%
Investing Cash Flow	$-129.4M	↓ 338.49%
Financing Cash Flow	$-76.9M	↓ 1.91%

	FY20	Y/Y Change
Operating Cash Flow	$7.7M	↓ 79.88%
Investing Cash Flow	$-93.3M	↓ 27.9%
Financing Cash Flow	$201.7M	↓ 362.16%

	FY21	Y/Y Change
Operating Cash Flow	$77.5M	↑ 906.46%
Investing Cash Flow	$-106.4M	↑ 14.03%
Financing Cash Flow	$64.7M	↓ 67.93%

	FY22	Y/Y Change
Operating Cash Flow	$70.8M	↓ 8.7%
Investing Cash Flow	$-382.1M	↑ 259.24%
Financing Cash Flow	$80.4M	↑ 24.24%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$7.2M	↓ 68.1%
Investing Cash Flow	$-50.9M	↓ 59.4%
Financing Cash Flow	$15.7M	↓ 88.61%

Carter Bankshares Technicals Summary

Sell

Neutral

Buy

Carter Bankshares is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Carter Bankshares Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Carter Bankshares Inc	-5.02%	18.93%	22.32%	13.05%	105.73%
Icici Bank Ltd.	-3.43%	2.16%	25.73%	46.73%	102.85%
Pnc Financial Services Group, Inc.	-7.73%	23.22%	27.16%	-7.38%	21.66%
U.s. Bancorp	-8.2%	22.52%	11.88%	-16.48%	-17.12%
Truist Financial Corp	-6.57%	13.5%	18.82%	-28.18%	-22.16%
Mizuho Financial Group, Inc.	-7.03%	11.14%	43.4%	88.8%	57.74%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Carter Bankshares Inc	27.92	27.92	0.0	0.91	0.04	0.0	NA	16.77
Icici Bank Ltd.	19.39	19.39	0.0	1.52	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.32	16.32	1.9	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	14.85	14.85	1.18	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.64	11.64	1.07	0.0	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Carter Bankshares Inc	Buy	$405.8M	105.73%	27.92	11.17%
Icici Bank Ltd.	Buy	$105.5B	102.85%	19.39	28.91%
Pnc Financial Services Group, Inc.	Buy	$76.5B	21.66%	16.32	25.11%
U.s. Bancorp	Hold	$75.3B	-17.12%	14.85	22.02%
Truist Financial Corp	Buy	$57.6B	-22.16%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$62.4B	57.74%	11.64	21.91%

About Carter Bankshares

carter bankshares, inc. operates as the bank holding company for carter bank & trust that provides various banking products and services. it accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. the company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, and personal investment; real estate construction and acquisition loans; and home equity lines of credit, as well as originates and holds fixed and variable rate mortgage loans. in addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, mobile banking, debit cards, e-statements, and automated drafts for various accounts; insurance products; and treasury services. as of november 23, 2020, the company had 92 branch

Organization	Carter Bankshares
Employees	679
CEO	Mr. Litz H. Van Dyke
Industry	Regional Banks

Management People of Carter Bankshares

Name	Title
Mr. Litz H. Van Dyke	CEO & Director
Ms. Phyllis Q. Karavatakis	Vice Chairman
Ms. Wendy S. Bell	Senior EVP and Chief Financial Officer
Mr. A. Loran Adams	Executive VP & Director of Regulatory Risk Management
Ms. Joyce A. Parker	Secretary
Misty Powell	Assistant Vice President
Bill Hubble	Vice President and Managing Officer of Blacksburg Office

Important FAQs about investing in Carter Bankshares from India :

What is Carter Bankshares share price today?

Carter Bankshares share price today stands at $17.59, Open: $17.81 ; Previous Close: $17.68 ; High: $17.87 ; Low: $17.54 ; 52 Week High: $20.40 ; 52 Week Low: $10.95. The stock opens at $17.81, after a previous close of $17.68. The stock reached a daily high of $17.87 and a low of $17.54, with a 52-week high of $20.40 and a 52-week low of $10.95.

Can Indians buy Carter Bankshares shares?

Yes, Indians can invest in the Carter Bankshares (CARE) from India.

With INDmoney, you can buy Carter Bankshares at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Carter Bankshares at zero transaction cost.

How can I buy Carter Bankshares shares from India?

It is very easy to buy Carter Bankshares from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Carter Bankshares be purchased?

Yes, you can buy fractional shares of Carter Bankshares with INDmoney app.

What are the documents required to start investing in Carter Bankshares stocks?

To start investing in Carter Bankshares, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.