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Carter Bankshares, Inc. CARE Cash and Due from Banks

Cash and Due from Banks at other companies

Bank of America logo
Bank of AmericaBAC
$27.13B+9.7%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$33.54B-4.9%
Truist Financial logo
Truist FinancialTFC
$4.29B
Shore Bancshares logo
Shore BancsharesSHBI
$44.05M-6.0%
Eagle Bancorp logo
Eagle BancorpEGBN
$12.63M+0.9%
Southern First Bancshares logo
Southern First BancsharesSFST
$32.72M+31.4%

Other financials

Income statement

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Revenue$106.9M+189%
Net income$85.8M+858%
EPS (diluted)$3.88+895%

Balance sheet

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Cash & equivalents$65.7M-70.9%
Total debt$10.9M+5.0%
Total equity$504.9M+25.7%
Total assets$4.8B+2.1%

Cash flow

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Operating cash flow$303.9M+4,667%
CapEx$1.5M+0.9%
Free cash flow$302.4M+6,131%

Valuation

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Market cap$726.22M+90.6%
P/E6.7×-7.1×
P/S3.3×+0.5×

Profitability

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Net margin48.5%+28.6pp
FCF margin147.6%

Returns & leverage

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Return on equity23.9%+16.6pp
Debt / equity0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:CashAndDueFromBanks.

The official record: Carter Bankshares, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carter Bankshares, Inc.'s cash and due from banks?
Carter Bankshares, Inc. (CARE) reported cash and due from banks of $228.32M in Q1 2026.
How has Carter Bankshares, Inc.'s cash and due from banks changed year-over-year?
Carter Bankshares, Inc.'s cash and due from banks increased by 156.5% year-over-year, from $89M to $228.32M.
What is the long-term trend for Carter Bankshares, Inc.'s cash and due from banks?
Over 5 years (2020 to 2025), Carter Bankshares, Inc.'s cash and due from banks has grown at a 22.2% compound annual growth rate (CAGR), from $38.54M to $105.16M.
What does cash and due from banks mean?
This represents the total amount of cash on hand and balances held at other financial institutions, including the Federal Reserve. It serves as a primary measure of a bank's immediate liquidity and its ability to meet daily operational cash requirements and regulatory reserve obligations.