| Market Capitalization (Millions $) |
683 |
| Shares
Outstanding (Millions) |
22 |
| Employees |
687 |
| Revenues (TTM) (Millions $) |
259 |
| Net Income (TTM) (Millions $) |
108 |
| Cash Flow (TTM) (Millions $) |
139 |
| Capital Exp. (TTM) (Millions $) |
8 |
Business Description
Carter Bankshares Inc. is a bank holding company headquartered in Martinsville, Virginia. It was established in 2006 and is publicly traded on the NASDAQ Stock Exchange under the ticker symbol CARE. The Company operates as a community bank and serves its customers through a network of 106 branches in Virginia and North Carolina.
Carter Bankshares has a wide array of financial products and services, including personal and commercial banking, loans, mortgages, investments, and insurance. The Bank's personal banking services include checking and savings accounts, credit cards, overdraft protection, and online banking. For businesses, the Bank offers a range of services such as corporate banking, business loans, leasing, and merchant services.
The Bank operates on the philosophy of providing personalized attention to customers, and its offerings are customized to the unique needs of each local market. The Bank strives to cater to the banking needs of its customers and provide them with the necessary resources to achieve their financial goals.
One of the key strengths of Carter Bankshares is its strong financial performance. The Company has consistently generated strong revenue growth and profits since its inception, and its balance sheet remains stable. Additionally, the Bank's credit quality is strong, with a low level of non-performing loans and a high level of loan loss reserves.
Carter Bankshares is also committed to community service and gives back to the communities where it operates. The Bank has made significant donations to schools, community organizations, and disaster relief efforts.
In summary, Carter Bankshares is a community-oriented bank that provides a wide range of financial services and products to its customers. The Bank is known for its personalized service and strong financial performance, and it is dedicated to giving back to the communities where it operates.
Company Address: 1300 Kings Mountain Road, Martinsville, 24112 VA
Company Phone Number: 656-1776 Stock Exchange / Ticker: NASDAQ CARE
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