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Carter Bankshares ( (CARE) ) just unveiled an update.
Carter Bankshares has unveiled a new brand identity to mark its 50th anniversary, reflecting a renewed focus on its customers and communities. In 2024, the company demonstrated strong financial performance with $4.7 billion in assets, significant deposit growth, and strategic branch expansions into growth markets, enhancing its market positioning and operational capacity.
More about Carter Bankshares
Carter Bankshares, Inc., established as First National Bank of Rocky Mount in 1974 and rebranded in 2024, operates in the financial services industry. The company provides a range of banking services, including loans and deposit products, with a strong focus on community banking. It has grown its footprint primarily in Virginia and North Carolina, with 65 branches and a diversified deposit base.
YTD Price Performance: 3.48%
Average Trading Volume: 76,091
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $410.5M
Find detailed analytics on CARE stock on TipRanks’ Stock Analysis page.
