Carter Bank and Trust

Company Profile

Carter Bank and Trust had its IPO on 2012-08-27 under the ticker symbol CARE.

The company operates in the Financial Services sector and Banks-Regional industry. Carter Bank and Trust has a staff strength of 667 employees.

Stock update

Shares of Carter Bank and Trust opened at $13.81 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.64 - $14.33, and closed at $13.67.

This is a -0.22% slip from the previous day's closing price.

A total volume of 60,756 shares were traded at the close of the day’s session.

In the last one week, shares of Carter Bank and Trust have slipped by -4.41%.

Carter Bank and Trust's Key Ratios

Carter Bank and Trust has a market cap of $356.99 million, indicating a price to book ratio of 1.3777 and a price to sales ratio of 2.7767.

In the last 12-months Carter Bank and Trust’s revenue was $168.96 million with a gross profit of $158.10 million and an EBITDA of $0. The EBITDA ratio measures Carter Bank and Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Carter Bank and Trust’s operating margin was 43.78% while its return on assets stood at 1.34% with a return of equity of 15.91%.

In Q1, Carter Bank and Trust’s quarterly earnings growth was a positive 85% while revenue growth was a positive 33.4%.

Carter Bank and Trust’s PE and PEG Ratio

Forward PE

7.9618

Trailing PE

5.988

PEG

0

Its diluted EPS in the last 12-months stands at $2.49 per share while it has a forward price to earnings multiple of 7.9618 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Carter Bank and Trust’s profitability.

Carter Bank and Trust stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.7767.

Carter Bank and Trust stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.37 billion

Total Liabilities

$3.53 billion

Operating Cash Flow

$-125455000.00

Capital Expenditure

$1.93 million

Dividend Payout Ratio

0%

Carter Bank and Trust ended 2024 with $4.37 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.37 billion while shareholder equity stood at $354.88 million.

Carter Bank and Trust ended 2024 with $0 in deferred long-term liabilities, $3.53 billion in other current liabilities, 23896000.00 in common stock, $301.53 million in retained earnings and $0 in goodwill. Its cash balance stood at $81.38 million and cash and short-term investments were $944.23 million. The company’s total short-term debt was $0 while long-term debt stood at $435.14 million.

Carter Bank and Trust’s total current assets stands at $944.23 million while long-term investments were $862.86 million and short-term investments were $862.86 million. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Carter Bank and Trust's operating cash flow was $-125455000.00 while its capital expenditure stood at $1.93 million.

Comparatively, Carter Bank and Trust paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$13.67

52-Week High

$18.84

52-Week Low

$12.35

Analyst Target Price

$16.5

Carter Bank and Trust stock is currently trading at $13.67 per share. It touched a 52-week high of $18.84 and a 52-week low of $18.84. Analysts tracking the stock have a 12-month average target price of $16.5.

Its 50-day moving average was $14.71 and 200-day moving average was $15.35 The short ratio stood at 3.02 indicating a short percent outstanding of 0%.

Around 201.2% of the company’s stock are held by insiders while 4070.6% are held by institutions.