Carter Bankshares financials
$30.12+1.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $254.6M | $243.1M | $214.7M | $181.9M | $162.8M | $167.5M |
| Gross profit | $153.2M | $135.8M | $140.6M | $161.6M | $140.1M | $131.7M |
| Gross margin | 60.2% | 55.9% | 65.5% | 88.9% | 86.0% | 78.6% |
| Operating income | $40.0M | $30.9M | $28.7M | $61.7M | $35.7M | -$45.1M |
| Net income | $31.4M | $24.5M | $23.4M | $50.1M | $31.6M | -$45.9M |
| Net margin | 12.3% | 10.1% | 10.9% | 27.6% | 19.4% | −27.4% |
| Diluted EPS | $1.38 | $1.06 | $1.00 | $2.03 | $1.19 | $-1.74 |
| EBITDA | $40.0M | $30.9M | $28.7M | $61.7M | $39.3M | $17.1M |
| Operating cash flow | $39.9M | $36.9M | $46.7M | $70.8M | $77.5M | $7.7M |
| Free cash flow | $31.8M | $28.8M | $36.9M | $65.3M | $69.1M | -$2.4M |
| Diluted shares | 22.5M | 22.8M | 23.2M | 24.6M | 26.3M | 26.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $93.0M | $131.2M | $54.5M | $46.9M | $277.8M | $38.5M |
| Short-term investments | $730.9M | $734.9M | $800.6M | $846.0M | $924.8M | $987.2M |
| Total debt | $178.5M | $70.0M | $393.4M | $180.6M | $7.0M | $35.0M |
| Total assets | $4.85B | $4.66B | $4.51B | $4.20B | $4.13B | $4.18B |
| Total liabilities | $4.43B | $4.27B | $4.16B | $3.88B | $3.73B | $3.74B |
| Shareholders' equity | $419.7M | $384.3M | $351.2M | $328.6M | $407.6M | $440.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology