Carter Bankshares Inc CARE

Morningstar Rating
$17.22 −0.20 (1.15%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CARE is trading at a 441% premium.
Price
$17.21
Fair Value
$33.67
Uncertainty
Very High
1-Star Price
$74.78
5-Star Price
$32.82
Economic Moat
Bhk
Capital Allocation

News

Trading Information

Previous Close Price
$17.42
Day Range
$17.2217.50
52-Week Range
$10.4318.30
Bid/Ask
$6.93 / $27.37
Market Cap
$397.31 Mil
Volume/Avg
47,269 / 88,181

Key Statistics

Price/Earnings (Normalized)
27.33
Price/Sales
3.12
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
1.59%

Company Profile

Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
679

Comparables

Valuation

Metric
CARE
WSBF
OBK
Price/Earnings (Normalized)
27.3323.5411.66
Price/Book Value
1.090.830.90
Price/Sales
3.122.202.75
Price/Cash Flow
11.529.05
Price/Earnings
CARE
WSBF
OBK

Financial Strength

Metric
CARE
WSBF
OBK
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
CARE
WSBF
OBK
Return on Assets (Normalized)
0.32%0.54%0.87%
Return on Equity (Normalized)
4.11%3.37%8.20%
Return on Invested Capital (Normalized)
Return on Assets
CARE
WSBF
OBK

Banks - Regional Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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LYG
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NWG
MkljjflltMmv$38.5 Bil
Deutsche Bank AG
DB
BwkvVll$33.9 Bil

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