Carter Bankshares (CARE) traded down -0.42 % during a 24 hours period ending at 03:39 PM Central Europe on Monday 26th. One Carter Bankshares stock can currently be bought for about USD 30.86 on popular exchanges. Current supply of Carter Bankshares stocks is 22.2 mn. Carter Bankshares has a current market capitalization of USD 677.6 mn and approximately USD 5.2 mn worth of Carter Bankshares was traded on exchanges in the last 24 hours. Since last month end, Carter Bankshares has traded 1.66 % up. Simple moving average of last 200 days is at USD 27.23. The highest price of past 52 weeks was recorded at USD 36.06 on 08/04/2026. 52 weeks low was at USD 16.78 on 11/04/2025.

Summary of the latest news for Carter Bankshares

Carter Bankshares Inc. reported that its financial and operational performance for the second quarter and half‑year ending 30 September 2026 showed significant improvement. The company’s revenue and earnings have increased, with operating margins strengthening. The growth was driven by higher output across its tyre recycling, polymer composite, and renewable energy segments. Operationally, tyre crushing volumes rose by about thirty percent year‑on‑year, and the expansion of micronised rubber powder and reclaimed rubber production supported robust industrial demand. Capital expenditure in the first half of the year reached roughly four‑fifths of the planned investment for the fiscal year, while the company’s balance sheet strengthened, with debt declining and interest coverage improving. Overall, the updates highlight continued momentum in the company’s core recycling operations and an expanding renewable energy footprint.

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About Carter Bankshares

Carter Bankshares, Inc. is a full-service community bank operating in the United States with its main office located in Martinsville. The Bank attracts deposits from the general public and utilizes those funds to diversify a range of loans. Carter Bankshares caters to customers in the states of Virginia and North Carolina. You can access further information about their operations on their website at www.cbtcares.com and they are Nasdaq-listed.