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Carter Bankshares (Carter Bankshares) Book Value per Share : $15.60 (As of Mar. 2024)


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What is Carter Bankshares Book Value per Share?

Carter Bankshares's book value per share for the quarter that ended in Mar. 2024 was $15.60.

During the past 12 months, Carter Bankshares's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carter Bankshares was 5.90% per year. The lowest was -8.60% per year. And the median was 1.75% per year.

Carter Bankshares's current price is $13.01. Its book value per share for the quarter that ended in Mar. 2024 was $15.60. Hence, today's PB Ratio of Carter Bankshares is 0.83.

During the past 13 years, the highest P/B Ratio of Carter Bankshares was 1.43. The lowest was 0.35. And the median was 0.91.


Carter Bankshares Book Value per Share Historical Data

The historical data trend for Carter Bankshares's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carter Bankshares Book Value per Share Chart

Carter Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.97 16.68 15.42 13.72 15.30

Carter Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.85 14.73 14.40 15.30 15.60

Competitive Comparison of Carter Bankshares's Book Value per Share

For the Banks - Regional subindustry, Carter Bankshares's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carter Bankshares's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Carter Bankshares's PB Ratio distribution charts can be found below:

* The bar in red indicates where Carter Bankshares's PB Ratio falls into.



Carter Bankshares Book Value per Share Calculation

Carter Bankshares's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(351.2-0.0)/23.0
=15.30

Carter Bankshares's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(359.1-0.0)/23.0
=15.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Carter Bankshares  (NAS:CARE) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Carter Bankshares Book Value per Share Related Terms

Thank you for viewing the detailed overview of Carter Bankshares's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Carter Bankshares (Carter Bankshares) Business Description

Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.
Executives
Curtis E Stephens director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Michael R Bird director 1300 KINGS MOUNTAIN ROAD, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Arthur Loran Adams officer: EVP, DIRECTOR OF REG RISK MNGT 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Edward Warren Matthews director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Robert M. Bolton director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
James W. Haskins director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Van Dyke Litz H director, officer: CHIEF EXECUTIVE OFFICER CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Catharine L. Midkiff director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Jane Ann Davis officer: EVP, CHIEF ADMIN. OFFICER BANK BUILDING CORPORATION, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Gregory W Feldmann director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Phyllis Q. Karavatakis director, officer: SR EXEC VP OF SPECIAL PROJECTS CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Lutz Jacob A Iii director 3941 REEDS LANDING CIRCLE, MIDLOTHIAN VA 23113
Robert W Conner director CARTER BANK & TRUST, 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112
Tony E Kallsen officer: EVP, CHIEF CREDIT OFFICER 43 SOUTH 9TH STREET, INDIANA PA 15701
Kevin S. Bloomfield director 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE VA 24112