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Carter Bankshares, Inc. CARE Transfer from Bank Premises and Equipment, net to Other Real Estate Owned, net

Transfer from Bank Premises and Equipment, net to Other Real Estate Owned, net at other companies

Atlantic Union Bankshares logo
Atlantic Union BanksharesAUB
$6.24M
Western Alliance Bancorporation logo
Western Alliance BancorporationWAL
$38.7M
Western Alliance Bancorporation logo
Western Alliance BancorporationWAL
$38.7M
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$2.02M
Univest Financial Corporation logo
Univest Financial CorporationUVSP
$0-100%
Renasant logo
RenasantRNST
$4.96M+282%

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 care:RealEstateOwnedTransferFromFixedAssets.

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 transfer from bank premises and equipment, net to other real estate owned, net?
Carter Bankshares, Inc. (CARE) reported transfer from bank premises and equipment, net to other real estate owned, net of $933K in Q1 2026.
What is the long-term trend for Carter Bankshares, Inc.'s transfer from bank premises and equipment, net to other real estate owned, net?
Over 2 years (2022 to 2025), Carter Bankshares, Inc.'s transfer from bank premises and equipment, net to other real estate owned, net has grown at a -17.3% compound annual growth rate (CAGR), from $2.68M to $1.83M.
What does transfer from bank premises and equipment, net to other real estate owned, net mean?
The value of bank-owned premises or equipment reclassified as Other Real Estate Owned (OREO) when those assets are no longer used for operations and are held for sale. This indicates the repurposing of physical capital into non-earning assets.