What is Carter Bankshares Mortgage Backed Securities (USD Mil)?
Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.
Carter Bankshares's Mortgage Backed Securities (USD Mil) for the quarter that ended in Mar. 2024 was 287.25
, which is lower than
313.70 for the pervious quarter ended in Dec. 2023.
Carter Bankshares's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2023 was 313.70
, which is lower than
337.38 for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Carter Bankshares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:
Carter Bankshares Mortgage Backed Securities (USD Mil) Historical Data
The historical data trend for Carter Bankshares's Mortgage Backed Securities (USD Mil) 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 Mortgage Backed Securities (USD Mil) Chart
Competitive Comparison of Carter Bankshares's Mortgage Backed Securities (USD Mil)
For the Banks - Regional subindustry, Carter Bankshares's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (USD Mil) 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 (NAS:CARE) Mortgage Backed Securities (USD Mil) Explanation
Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.
Carter Bankshares Mortgage Backed Securities (USD Mil) Related Terms
Thank you for viewing the detailed overview of Carter Bankshares's Mortgage Backed Securities (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.
Carter Bankshares (Carter Bankshares) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CARE has been successfully added to your 