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Carter Bankshares, Inc. CARE Payments For (Proceeds From) Other Restricted Assets

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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:PaymentsForProceedsFromOtherRestrictedAssets.

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
Proceeds from Maturities, Redemptions, and Paydowns16,03116,199
Purchases(3,500)(33,681)
Purchase of Bank Premises and Equipment, Net(1,537)(1,523)
Redemption of Other Restricted Stock, at Cost, net8,354612
Loan Originations, net(61,393)(63,348)
Proceeds from Death Benefit on Bank Owned Life Insurance687
Net Cash Used In Investing Activities(26,621)(81,054)
FINANCING ACTIVITIES

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s payments for (proceeds from) other restricted assets?
Carter Bankshares, Inc. (CARE) reported payments for (proceeds from) other restricted assets of -$8.35M in Q1 2026.
How has Carter Bankshares, Inc.'s payments for (proceeds from) other restricted assets changed year-over-year?
Carter Bankshares, Inc.'s payments for (proceeds from) other restricted assets decreased by 1265.0% year-over-year, from -$612K to -$8.35M.
What does payments for (proceeds from) other restricted assets mean?
Payments For (Proceeds From) Other Restricted Assets as reported by Carter Bankshares, Inc. Common Stock.

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