Carter Bankshares
CARE
About: 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. It 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.
Employees: 680
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
9% more capital invested
Capital invested by funds: $179M [Q1] → $195M (+$15.4M) [Q2]
4% more funds holding
Funds holding: 112 [Q1] → 116 (+4) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.32% less ownership
Funds ownership: 48.77% [Q1] → 48.44% (-0.32%) [Q2]
Financial journalist opinion
