Carter Bankshares, Inc. (NASDAQ:CARE) Plans Quarterly Dividend of $0.10

Posted by Jeff Wilder on Apr 23rd, 2026

Carter Bankshares, Inc. (NASDAQ:CARE – Get Free Report) declared a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Monday, May 11th will be paid a dividend of 0.10 per share on Monday, May 25th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, May 11th.

Carter Bankshares has decreased its dividend payment by an average of 1.0%per year over the last three years.

Carter Bankshares Stock Performance

Carter Bankshares stock traded down $0.51 during trading hours on Thursday, reaching $23.86. 398,012 shares of the stock were exchanged, compared to its average volume of 208,646. Carter Bankshares has a 52-week low of $14.98 and a 52-week high of $24.91. The stock has a market cap of $528.74 million, a P/E ratio of 17.29 and a beta of 0.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.93. The firm’s 50 day moving average is $22.00 and its 200 day moving average is $20.23.

Carter Bankshares (NASDAQ:CARE – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.09). The firm had revenue of $106.91 million for the quarter, compared to analyst estimates of $42.47 million. Carter Bankshares had a return on equity of 7.64% and a net margin of 12.32%. Analysts predict that Carter Bankshares will post 1.88 EPS for the current fiscal year.

Carter Bankshares Company Profile

(Get Free Report)

Carter Bankshares, Inc is a bank holding company headquartered in Suffolk, Virginia, operating primarily through its subsidiary, Carter Bank & Trust. The company offers a full range of commercial and retail banking services, serving individuals, small and mid-sized businesses, and nonprofit organizations. Its financial products are designed to meet the needs of local customers across southeastern Virginia and northeastern North Carolina.

Carter Bank & Trust provides deposit accounts, including checking, savings and money market products, as well as certificates of deposit.