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Carter Bankshares, Inc. CARE Increase (decrease) in FHLB advance

Increase (decrease) in FHLB advance at other companies

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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$778.12M+99.7%
P/E6.1×-6.4×
P/S3.1×+0.3×

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:IncreaseDecreaseInAdvancesFromFederalHomeLoanBank.

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

Borrowings serve as an additional source of liquidity for the Company. At March 31, 2026, the Company had no outstanding Federal Home Loan Bank (“FHLB”) borrowings, compared to $178.5 million at December 31, 2025. The $178.5 million decrease from December 31, 2025, reflects the repayment of borrowings utilizing proceeds from the Transaction.

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s increase (decrease) in FHLB advance?
Carter Bankshares, Inc. (CARE) reported increase (decrease) in FHLB advance of -$178.5M in Q1 2026.
What does increase (decrease) in FHLB advance mean?
Increase (decrease) in FHLB advance as reported by Carter Bankshares, Inc. Common Stock.

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