CARE Carter Bankshares Inc.

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, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, 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, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. The company operates through 92 branches in Virginia and North Carolina. The company was founded in 1974 and is headquartered in Martinsville, Virginia.

Date	Price Target	Rating	Analyst
10/2/2024	$22.00	Outperform	Hovde Group
5/1/2023	$17.00	Mkt Perform → Outperform	Raymond James
4/6/2023		Mkt Perform	Raymond James
12/5/2022	$19.00	Neutral	Piper Sandler
10/6/2022	$17.50 → $18.50	Buy → Neutral	DA Davidson
7/7/2022	$16.00	Mkt Perform → Outperform	Raymond James
1/21/2022	$17.00	Neutral	Piper Sandler
11/10/2021	$14.00 → $12.00	Sector Perform	RBC Capital
7/8/2021		Outperform → Market Perform	Raymond James

Carter Bankshares Inc.

Peers

Recent Analyst Ratings for Carter Bankshares Inc.

Carter Bankshares Inc. Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Amendment: Director Bloomfield Kevin S. sold $27,377 worth of shares (1,629 units at $16.81), decreasing direct ownership by 9% to 16,418 units (SEC Form 4)

Amendment: Director Bloomfield Kevin S. sold $75,367 worth of shares (4,509 units at $16.71), decreasing direct ownership by 20% to 18,047 units (SEC Form 4)

Amendment: Director Bloomfield Kevin S. sold $16,521 worth of shares (1,000 units at $16.52), decreasing direct ownership by 4% to 22,556 units (SEC Form 4)

Director Bloomfield Kevin S. sold $27,377 worth of shares (1,629 units at $16.81), decreasing direct ownership by 9% to 16,418 units (SEC Form 4)

Director Bloomfield Kevin S. sold $75,367 worth of shares (4,509 units at $16.71), decreasing direct ownership by 20% to 18,047 units (SEC Form 4)

Director Bloomfield Kevin S. sold $16,521 worth of shares (1,000 units at $16.52), decreasing direct ownership by 4% to 22,556 units (SEC Form 4)

EVP, CHIEF ADMIN. OFFICER Davis Jane Ann sold $40,986 worth of shares (2,500 units at $16.39), decreasing direct ownership by 17% to 11,800 units (SEC Form 4)

Director Midkiff Catharine L. bought $3,294 worth of shares (200 units at $16.47) (SEC Form 4)

SEC Form 4 filed by Director Matthews Edward Warren

EVP, CHIEF ADMIN. OFFICER Davis Jane Ann was granted 1,808 shares, increasing direct ownership by 14% to 14,300 units (SEC Form 4)