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CARE – Carter Bankshares Inc

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Recommendation Rating

1.5

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 17.83

Low: 16

High: 20

Total Analysts: 3

Company Profile

Carter Bankshares, Inc. is a bank holding company. The Company is the parent company of its wholly owned subsidiary, Carter Bank & Trust (the Bank). The Bank is an insured, Virginia state-chartered bank, which operates branches in Virginia and North Carolina. The Company provides a full range of financial services with retail, and commercial banking products and insurance. Its segmentation include: Commercial Real Estate (CRE), Commercial and Industrial (C&I), Residential Mortgages and Construction. The Company also offers digital banking options through its Website. Its Retail branches offers lobby appointments, drive-up and virtual servicing. Its customer can utilize online and mobile banking tools and customer contact center for personal and automated telephone banking services.

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