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Carter Bankshares, Inc. CARE Portfolio Loans Transferred to Held-for-Sale

Portfolio Loans Transferred to Held-for-Sale at other companies

TFI
Triumph FinancialTFIN
$5.98M+5.0%
Sachem Capital Corp. logo
Sachem Capital Corp.SACH
$9.37M
Sachem Capital Corp. logo
Sachem Capital Corp.SACH
$9.37M
WSFS Financial logo
WSFS FinancialWSFS
$123.74M+273%
WSFS Financial logo
WSFS FinancialWSFS
$123.74M+273%
Stifel Financial logo
Stifel FinancialSF
$78.67M

Other financials

Income statement

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Revenue$68.7M+84.3%
Net income$28.9M+240%
EPS (diluted)$1.31+254%

Balance sheet

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Cash & equivalents$276.5M
Total debt$10.9M+5.0%
Total equity$539.1M+32.9%
Total assets$4.8B+0.4%

Cash flow

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Operating cash flow$303.9M+4,667%
CapEx$2.3M+22.5%
Free cash flow$302.4M+6,131%

Valuation

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Market cap$751.3M+92.8%
P/E5.8×-6.6×
P/S+0.2×

Profitability

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Net margin50.5%+28.6pp
FCF margin147.6%

Returns & leverage

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Return on equity27.2%+19.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Carter Bankshares, Inc. in its filing.

Tagged under the XBRL concept care:LoansTransferToHeldForSale.

The source filing: Carter Bankshares, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 1:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001829576-26-000048
(Dollars in Thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
SUPPLEMENTARY DATA
Cash Interest Paid$23,927$27,354
Transfer from Portfolio Loans to Other Real Estate Owned, net2,937
Transfer from Bank Premises and Equipment, net to Other Real Estate Owned, net933
Portfolio Loans Transferred to Held-for-Sale209,484

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s portfolio loans transferred to held-for-sale?
Carter Bankshares, Inc. (CARE) reported portfolio loans transferred to held-for-sale of $209.48M in Q1 2026.
What does portfolio loans transferred to held-for-sale mean?
Portfolio Loans Transferred to Held-for-Sale as reported by Carter Bankshares, Inc. Common Stock.

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