Carter Bank and Trust
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States. It offers various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposit. The company also provides commercial loans comprising secured and un… Read more
Carter Bank and Trust (CARE) - Net Assets
Latest net assets as of December 2025: $419.70 Million USD
Based on the latest financial reports, Carter Bank and Trust (CARE) has net assets worth $419.70 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.85 Billion) and total liabilities ($4.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $419.70 Million |
| % of Total Assets | 8.65% |
| Annual Growth Rate | 2.03% |
| 5-Year Change | 2.97% |
| 10-Year Change | -3.44% |
| Growth Volatility | 7.01 |
Carter Bank and Trust - Net Assets Trend (2007–2025)
This chart illustrates how Carter Bank and Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Carter Bank and Trust (2007–2025)
The table below shows the annual net assets of Carter Bank and Trust from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $419.70 Million | +9.21% |
| 2024-12-31 | $384.31 Million | +9.42% |
| 2023-12-31 | $351.24 Million | +6.88% |
| 2022-12-31 | $328.63 Million | -19.37% |
| 2021-12-31 | $407.60 Million | -7.40% |
| 2020-12-31 | $440.17 Million | -6.96% |
| 2019-12-31 | $473.11 Million | +8.46% |
| 2018-12-31 | $436.21 Million | +0.95% |
| 2017-12-31 | $432.13 Million | -0.58% |
| 2016-12-31 | $434.65 Million | +1.90% |
| 2015-12-31 | $426.55 Million | +7.20% |
| 2014-12-31 | $397.89 Million | +6.12% |
| 2013-12-31 | $374.94 Million | +4.33% |
| 2012-12-31 | $359.36 Million | +5.84% |
| 2011-12-31 | $339.52 Million | +4.28% |
| 2010-12-31 | $325.57 Million | +4.75% |
| 2009-12-31 | $310.80 Million | +2.40% |
| 2008-12-31 | $303.53 Million | +3.80% |
| 2007-12-31 | $292.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carter Bank and Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 169.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $364.97 Million | 86.96% |
| Common Stock | $22.08 Million | 5.26% |
| Other Comprehensive Income | $-42.16 Million | -10.05% |
| Other Components | $74.81 Million | 17.82% |
| Total Equity | $419.70 Million | 100.00% |
Carter Bank and Trust Competitors by Market Cap
The table below lists competitors of Carter Bank and Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$399.28 Million |
|
Ratnamani Metals & Tubes Limited
NSE:RATNAMANI
|
$399.32 Million |
|
Bannerman Energy Ltd
AU:BMN
|
$399.39 Million |
|
Johnson Service Group PLC
PINK:JSVGF
|
$399.48 Million |
|
Hinova Pharmaceuticals Inc. A
SHG:688302
|
$399.12 Million |
|
Hangzhou Huawang New Material Technology Co.Ltd.
SHG:605377
|
$399.10 Million |
|
Baolingbao Biology Co Ltd
SHE:002286
|
$398.99 Million |
|
Tanzanian Royalty Exploration Corp
NYSE MKT:TRX
|
$398.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carter Bank and Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 384,313,000 to 419,697,000, a change of 35,384,000 (9.2%).
- Net income of 31,362,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 22,361,000.
- Other factors decreased equity by 18,339,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $31.36 Million | +7.47% |
| Other Comprehensive Income | $22.36 Million | +5.33% |
| Other Changes | $-18.34 Million | -4.37% |
| Total Change | $- | 9.21% |
Book Value vs Market Value Analysis
This analysis compares Carter Bank and Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.71x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $11.70 | $19.95 | x |
| 2008-12-31 | $11.74 | $19.95 | x |
| 2009-12-31 | $11.84 | $19.95 | x |
| 2010-12-31 | $12.40 | $19.95 | x |
| 2011-12-31 | $12.93 | $19.95 | x |
| 2012-12-31 | $13.69 | $19.95 | x |
| 2013-12-31 | $14.28 | $19.95 | x |
| 2014-12-31 | $15.15 | $19.95 | x |
| 2015-12-31 | $16.24 | $19.95 | x |
| 2016-12-31 | $16.55 | $19.95 | x |
| 2017-12-31 | $16.46 | $19.95 | x |
| 2018-12-31 | $16.61 | $19.95 | x |
| 2019-12-31 | $17.96 | $19.95 | x |
| 2020-12-31 | $16.69 | $19.95 | x |
| 2021-12-31 | $15.47 | $19.95 | x |
| 2022-12-31 | $13.36 | $19.95 | x |
| 2023-12-31 | $15.11 | $19.95 | x |
| 2024-12-31 | $16.54 | $19.95 | x |
| 2025-12-31 | $18.69 | $19.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carter Bank and Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.32%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 11.56x
- Recent ROE (7.47%) is above the historical average (5.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.50% | 8.38% | 0.06x | 9.07x | $-16.07 Million |
| 2008 | 3.20% | 6.43% | 0.05x | 9.23x | $-20.64 Million |
| 2009 | 5.72% | 11.24% | 0.05x | 10.90x | $-13.31 Million |
| 2010 | 7.00% | 13.74% | 0.04x | 11.38x | $-9.77 Million |
| 2011 | 8.86% | 18.28% | 0.04x | 11.69x | $-3.86 Million |
| 2012 | 8.44% | 18.05% | 0.04x | 12.36x | $-5.59 Million |
| 2013 | 6.95% | 16.48% | 0.03x | 12.43x | $-11.42 Million |
| 2014 | 8.41% | 21.03% | 0.03x | 11.64x | $-6.33 Million |
| 2015 | 9.18% | 23.79% | 0.03x | 11.47x | $-3.50 Million |
| 2016 | 3.68% | 10.90% | 0.03x | 10.37x | $-27.49 Million |
| 2017 | -0.16% | -0.47% | 0.04x | 9.52x | $-43.89 Million |
| 2018 | 2.73% | 7.54% | 0.04x | 9.26x | $-31.72 Million |
| 2019 | 5.62% | 15.78% | 0.04x | 8.47x | $-20.74 Million |
| 2020 | -10.42% | -28.00% | 0.04x | 9.49x | $-89.88 Million |
| 2021 | 7.75% | 20.20% | 0.04x | 10.14x | $-9.17 Million |
| 2022 | 15.25% | 27.98% | 0.04x | 12.79x | $17.26 Million |
| 2023 | 6.66% | 11.04% | 0.05x | 12.85x | $-11.74 Million |
| 2024 | 6.38% | 10.23% | 0.05x | 12.12x | $-13.91 Million |
| 2025 | 7.47% | 12.32% | 0.05x | 11.56x | $-10.61 Million |
Industry Comparison
This section compares Carter Bank and Trust's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carter Bank and Trust (CARE) | $419.70 Million | 4.50% | 10.56x | $399.13 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |