logo
Select company
Select metric
0.66%Return on Assets
VS
Market
50
Sector
31
Industry
33
History
47
$ 19.42Close
$ 13.86 - $ 20.3 52-Week Range
Ticker Information

Ticker

CARE

Company Name

CARTER BANKSHARES INC

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

CARTER BANKSHARES INC - Return on Assets Chart Analysis (TTM)

From
Zoom
1Y
3Y
5Y
10Y

CARE - ROA Historical data
DateTotal AssetsNet Income Common StockReturn on Assets
6/30/2025$ 4.78B$ 31.37M0.66%
3/31/2025$ 4.7B$ 27.66M0.59%
12/31/2024$ 4.66B$ 24.52M0.53%
9/30/2024$ 4.61B$ 14.36M0.31%
6/30/2024$ 4.53B$ 12.35M0.27%
3/31/2024$ 4.55B$ 13.25M0.29%
12/31/2023$ 4.51B$ 23.38M0.52%
9/30/2023$ 4.45B$ 40.88M0.92%
6/30/2023$ 4.38B$ 51.66M1.18%
3/31/2023$ 4.37B$ 56.74M1.3%
Previous (option currently disabled)
1 (current)
Next (option currently disabled)

Key Performance Insights, Last 5 Years

  • CARTER BANKSHARES INC's latest trailing twelve months (TTM) ROA stands at -1.1%.
  • Over the past 5 years, CARTER BANKSHARES INC's average ROA has been 0.63%.
  • The median ROA for CARTER BANKSHARES INC during this period was 0.71%
  • CARTER BANKSHARES INC reached its highest ROA over the past 5 years at 1.3%.
  • The lowest ROA recorded by CARTER BANKSHARES INC in the same timeframe -1.1%

CARTER BANKSHARES INC's ROA vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

ROA Benchmarks
CompanyROA
KRNY : KEARNY FINANCIAL CORP 0.34%FBIZ : FIRST BUSINESS FINANCIAL SERVICES INC 1.17%BSRR : SIERRA BANCORP 1.08%CIVB : CIVISTA BANCSHARES INC 0.94%HBCP : HOME BANCORP INC 1.19%FFIC : FLUSHING FINANCIAL CORP -0.41%CWBC : COMMUNITY WEST BANCSHARES 0.74%AROW : ARROW FINANCIAL CORP 0.69%NFBK : NORTHFIELD BANCORP INC 0.62%BCAL : CALIFORNIA BANCORP 0.79%

Definition of Return on Assets

[Calculation] Return on Assets (ROA) measures net income [NetIncCmn] as percentage of total [Assets]. A high ROA shows an effective allocation of capital by the company.
Net Inc. Cmn. / Assets
(=) ROA
ROA for CARTER BANKSHARES INC is calculated as follows: Net Inc. Cmn. [ $ -45.86M ] / Assets [ $ 4.18B ]
(=) ROA [ -1.1% ]

CARE - Return on Assets, Last 5 years

-1.1%

Minimum

Dec 31, 2020

1.3%

Maximum

Mar 31, 2023

0.63%

Average

0.71%

Median

ROA Benchmark Analysis

The chart above depicts the distribution of ROA for companies in the Total Stock Market. The average ROA of the companies is 0.15% with a standard deviation of 10.57%.
The following table provides additional summary stats:
ROA in the Market:
filtered constituents3.44K
min-33.33%
max33.98%
average0.15%
median1.53%
std10.57%