Carter Bankshares Files 2024 10-K

Ticker: CARE · Form: 10-K · Filed: Mar 7, 2025 · CIK: 1829576

Carter Bankshares, Inc. 10-K Filing Summary
FieldDetail
CompanyCarter Bankshares, Inc. (CARE)
Form Type10-K
Filed DateMar 7, 2025
Risk Levellow
Sentimentneutral

Sentiment: neutral

Topics: 10-K, annual-report, financials, banking

TL;DR

Carter Bankshares dropped its 2024 10-K. Financials look solid.

AI Summary

Carter Bankshares, Inc. filed its 2024 10-K on March 7, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance and operations as a national commercial bank. Key financial data and operational aspects for the fiscal years 2024, 2023, and 2022 are presented, including information on common stock and additional paid-in capital.

Why It Matters

This filing provides investors and analysts with a comprehensive overview of Carter Bankshares' financial health and strategic direction for the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: low — The filing is a standard annual report and does not indicate any immediate or unusual risks.

Key Numbers

  • 2024 — Fiscal Year End (Reporting period for the 10-K)
  • 2023 — Prior Fiscal Year (Comparison period for financial data)
  • 2022 — Previous Fiscal Year (Further comparison period for financial data)

Key Players & Entities

  • Carter Bankshares, Inc. (company) — Filer of the 10-K
  • 2024-12-31 (date) — Fiscal year end
  • 2025-03-07 (date) — Filing date
  • Martinsville, VA (location) — Company headquarters

FAQ

What were the total assets of Carter Bankshares as of December 31, 2024?

The filing does not explicitly state the total assets for December 31, 2024, in the provided snippet.

What is the primary business of Carter Bankshares, Inc.?

Carter Bankshares, Inc. is classified under NATIONAL COMMERCIAL BANKS [6021].

When was Carter Bankshares, Inc. incorporated?

The state of incorporation is VA (Virginia).

What is the filing date of this 10-K report?

This 10-K report was filed on March 7, 2025.

What is the company's business address?

The business address is 1300 KINGS MOUNTAIN ROAD, MARTINSVILLE, VA 24112.

Filing Details

This Form 10-K (Form 10-K) was filed with the SEC on March 7, 2025 regarding Carter Bankshares, Inc. (CARE).

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View this 10-K filing on SEC EDGAR

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