Carter BanksharesCARE
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. The Bank 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: 679
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,352% more call options, than puts
Call options by funds: $809K | Put options by funds: $33K
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
22% more capital invested
Capital invested by funds: $149M [Q2] → $181M (+$32.3M) [Q3]
10% more funds holding
Funds holding: 84 [Q2] → 92 (+8) [Q3]
2.4% more ownership
Funds ownership: 42.76% [Q2] → 45.16% (+2.4%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Hovde Group Feddie Strickland 60% 1-year accuracy 3 / 5 met price target | 24%upside $22 | Outperform Initiated | 2 Oct 2024 |
Financial journalist opinion
