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Carter Bankshares, Inc. CARE Debt Issuance Proceeds

Debt Issuance Proceeds at other companies

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$500M+733%

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$731.41M+85.3%
P/E5.7×-6.9×
P/S2.9×+0.1×

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 / equity0×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ProceedsFromFederalHomeLoanBankBorrowings.

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
FINANCING ACTIVITIES
Net Change in Demand, Money Markets and Savings Accounts41,83278,497
Decrease in Certificates of Deposits(17,471)(30,991)
Proceeds from Federal Home Loan Bank Borrowings299,00025,000
Repayments on Federal Home Loan Bank Borrowings(477,500)(40,000)
Net Cash (Used In) Provided By Financing Activities(154,139)32,506
Net Increase (Decrease) in Cash and Cash Equivalents123,155(42,172)
Cash and Cash Equivalents at Beginning of Period105,163131,171

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s debt issuance proceeds?
Carter Bankshares, Inc. (CARE) reported debt issuance proceeds of $299M in Q1 2026.
How has Carter Bankshares, Inc.'s debt issuance proceeds changed year-over-year?
Carter Bankshares, Inc.'s debt issuance proceeds increased by 1096.0% year-over-year, from $25M to $299M.
What is the long-term trend for Carter Bankshares, Inc.'s debt issuance proceeds?
Over 2 years (2023 to 2025), Carter Bankshares, Inc.'s debt issuance proceeds has grown at a -58.1% compound annual growth rate (CAGR), from $3.47B to $610M.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

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