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Carter Bankshares, Inc. CARE Sale of investments

Sale of investments at other companies

Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$3.39B+43.8%
Truist Financial logo
Truist FinancialTFC
$52M-92.8%
Eagle Bancorp logo
Eagle BancorpEGBN
$23.66M-25.8%
City Holding Company logo
City Holding CompanyCHCO
$0-100%
Customers Bancorp logo
Customers BancorpCUBI
$29.7M-93.4%
International Bancshares logo
International BancsharesIBOC
$0-100%

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$703.04M+78.1%
P/E5.5×-7.1×
P/S2.8×0.0×

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 us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt.

The source filing: Carter Bankshares, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001829576-26-000077
(Dollars in Thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from Sales of Securities Available-for-Sale$126,859$142,283
Gross Realized Gains$85
Gross Realized Losses(12,531)(12,536)
Net Realized Losses$(12,531)$(12,451)
Tax Impact$(2,632)$(2,615)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s sale of investments?
Carter Bankshares, Inc. (CARE) reported sale of investments of $126.86M in Q2 2026.
What is the long-term trend for Carter Bankshares, Inc.'s sale of investments?
Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s sale of investments has grown at a -44.3% compound annual growth rate (CAGR), from $197.06M to $19.01M.
What does sale of investments mean?
This represents cash inflows from the sale of marketable securities, such as corporate bonds or government debt, classified as available-for-sale. It reflects the company's active management of its liquid investment portfolio.

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