Présentation de l'entreprise
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust, providing a comprehensive suite of retail and commercial banking products alongside insurance services within the United States. The institution functions within the Financial Services sector, specifically categorized under the Banks - Regional industry, which typically involves managing deposits and lending capital to local businesses and individuals. As of the latest available data, the company holds a market capitalization of $532.17M and generates annual revenue of $157.06M, employing a workforce of 687 individuals to support its operations. These valuation and revenue figures indicate that Carter Bankshares, Inc. is a mid-sized regional player with a market presence that reflects a modest scale relative to national banking giants, yet sufficient to maintain a diversified portfolio of deposit products including checking, savings, retirement, and money market accounts.
Santé financière
The company reported a trailing twelve-month revenue of $157.06M and a net income of $31.00M, while the EBITDA metric is not disclosed in the current financial records. The significant gap between total revenue and net income, representing a reduction of over $126M, reveals a cost structure heavily influenced by operating expenses typical of the banking sector, where interest income is offset by loan loss provisions and administrative costs. Regarding liquidity generation, the free cash flow is not explicitly reported in the provided financial data, suggesting that cash flow analysis relies primarily on net income adjustments rather than direct cash flow disclosures for this specific period. Carter Bankshares, Inc. maintains a cash balance of $115.34M against total debt obligations of $199.52M, indicating a net debt position where liabilities exceed liquid cash reserves. Although the debt-to-equity ratio is not available for calculation, the presence of debt exceeding cash holdings suggests a balance sheet that is leveraged rather than purely conservative, relying on equity and retained earnings to support the debt load. The current ratio is not provided in the available facts, so a direct assessment of short-term liquidity based solely on current assets versus current liabilities cannot be quantified using the supplied metrics. Return on Equity stands at 7.8%, demonstrating the company's ability to generate profit relative to shareholder equity, while the Return on Assets metric is recorded at 0.7%, indicating the efficiency with which the company utilizes its total asset base to generate earnings.
Évaluation de la valorisation
The trailing twelve-month P/E ratio is 17.40, whereas the forward P/E ratio is significantly lower at 9.60, implying that the market expects earnings growth that will compress the multiple in future periods. The price-to-book ratio is 1.26, indicating that the market values the company at a slight premium of 26% over its tangible book value, which is a common characteristic for regional banks with stable franchise values. Alternative valuation metrics include a price-to-sales ratio of 3.39, while the EV/EBITDA multiple is not available due to the lack of EBITDA reporting in the source data. The stock price has fluctuated between a 52-week high of $24.41 and a 52-week low of $13.61, and without the specific current share price, the exact percentage position relative to this range cannot be calculated, though the wide range suggests notable volatility. The beta value is 0.44, which indicates that the stock's price volatility is substantially lower than the broader market, offering characteristics of a defensive equity position that moves less than half as much as the market average during periods of fluctuation.
Growth & Income
Revenue growth for the year-over-year period is 6.4%, and earnings growth is recorded at 6.2%, indicating that earnings are growing at a rate nearly identical to, but slightly slower than, revenue expansion. This alignment suggests that the company's cost structure is relatively stable, as profitability is not lagging significantly behind top-line growth. Since the dividend yield is not available and the payout ratio is listed at 0.0%, the company currently does not distribute dividends to shareholders. Instead, Carter Bankshares, Inc. retains all of its earnings, effectively reinvesting capital into the business to fuel organic growth, loan expansion, or operational improvements rather than providing immediate income to investors. The overall growth and income profile reflects a reinvestment strategy typical of regional banks in a growth phase, prioritizing balance sheet expansion and market share acquisition over current dividend payouts, supported by consistent single-digit growth rates in both revenue and profitability.