Carter Bankshares (CARE)
Market Price (3/10/2026): $20.43 | Market Cap: $455.5 MilSector: Financials | Industry: Regional Banks
Carter Bankshares (CARE)
Market Price (3/10/2026): $20.43Market Cap: $455.5 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, FCF Yield is 6.8% | Weak multi-year price returns3Y Excs Rtn is -53% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -131% | Key risksCARE key risks include [1] a substantial concentration of non-accrual loans, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% | ||
| Low stock price volatilityVol 12M is 27% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Digital Payments, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.9%, FCF Yield is 6.8% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -131% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% |
| Low stock price volatilityVol 12M is 27% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, Digital Payments, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -53% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6% |
| Key risksCARE key risks include [1] a substantial concentration of non-accrual loans, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Carter Bankshares (CARE) stock has gained about 10% since 11/30/2025 because of the following key factors:
1. Strong Fourth Quarter 2025 Financial Performance: Carter Bankshares announced robust financial results for the fourth quarter and full year 2025 on January 29, 2026. The company reported a significant increase in quarterly net income to $8.5 million, or $0.38 diluted earnings per share (EPS), for Q4 2025, up from $5.4 million, or $0.24 diluted EPS, in the third quarter of 2025. This also represented an increase from $8.3 million, or $0.36 diluted EPS, in the fourth quarter of 2024. Furthermore, Carter Bankshares exceeded estimated earnings by 21.0%, reporting an EPS of $0.41 against an analyst estimate of $0.34. Net interest income for the fourth quarter of 2025 also grew to $34.6 million, an increase of $0.9 million, or 2.6%, from the prior quarter and an 18.7% increase compared to the fourth quarter of 2024.
2. Positive Macroeconomic Outlook for Regional Banks: The broader regional banking sector experienced an improved sentiment and bullish outlook for 2026, contributing to Carter Bankshares' upward trend. Analysts from UBS and KBW expressed optimism for regional banks, citing factors such as federal regulatory changes, expectations for improving loan growth, and a steepening yield curve. This positive sentiment emerged as the sector recovered from challenges in 2023 and 2024, with moderating deposit outflows and stabilizing loan books becoming evident in 2025. Expectations for a prolonged pause or interest rate cuts further alleviated concerns about funding costs and bond portfolios.
Show more
1. Strong Fourth Quarter 2025 Financial Performance: Carter Bankshares announced robust financial results for the fourth quarter and full year 2025 on January 29, 2026. The company reported a significant increase in quarterly net income to $8.5 million, or $0.38 diluted earnings per share (EPS), for Q4 2025, up from $5.4 million, or $0.24 diluted EPS, in the third quarter of 2025. This also represented an increase from $8.3 million, or $0.36 diluted EPS, in the fourth quarter of 2024. Furthermore, Carter Bankshares exceeded estimated earnings by 21.0%, reporting an EPS of $0.41 against an analyst estimate of $0.34. Net interest income for the fourth quarter of 2025 also grew to $34.6 million, an increase of $0.9 million, or 2.6%, from the prior quarter and an 18.7% increase compared to the fourth quarter of 2024.
2. Positive Macroeconomic Outlook for Regional Banks: The broader regional banking sector experienced an improved sentiment and bullish outlook for 2026, contributing to Carter Bankshares' upward trend. Analysts from UBS and KBW expressed optimism for regional banks, citing factors such as federal regulatory changes, expectations for improving loan growth, and a steepening yield curve. This positive sentiment emerged as the sector recovered from challenges in 2023 and 2024, with moderating deposit outflows and stabilizing loan books becoming evident in 2025. Expectations for a prolonged pause or interest rate cuts further alleviated concerns about funding costs and bond portfolios.
Show more
Stock Movement Drivers
Fundamental Drivers
The 11.1% change in CARE stock from 11/30/2025 to 3/9/2026 was primarily driven by a 11.1% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3092026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.37 | 20.40 | 11.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 144 | 144 | 0.0% |
| Net Income Margin (%) | 21.6% | 21.6% | 0.0% |
| P/E Multiple | 13.1 | 14.6 | 11.1% |
| Shares Outstanding (Mil) | 22 | 22 | 0.0% |
| Cumulative Contribution | 11.1% |
Market Drivers
11/30/2025 to 3/9/2026| Return | Correlation | |
|---|---|---|
| CARE | 11.1% | |
| Market (SPY) | -0.7% | 28.4% |
| Sector (XLF) | -5.6% | 55.0% |
Fundamental Drivers
The 4.8% change in CARE stock from 8/31/2025 to 3/9/2026 was primarily driven by a 3.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3092026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.46 | 20.40 | 4.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 139 | 144 | 3.4% |
| Net Income Margin (%) | 22.5% | 21.6% | -4.0% |
| P/E Multiple | 14.1 | 14.6 | 3.2% |
| Shares Outstanding (Mil) | 23 | 22 | 2.3% |
| Cumulative Contribution | 4.8% |
Market Drivers
8/31/2025 to 3/9/2026| Return | Correlation | |
|---|---|---|
| CARE | 4.8% | |
| Market (SPY) | 5.4% | 29.5% |
| Sector (XLF) | -6.5% | 57.4% |
Fundamental Drivers
The 17.6% change in CARE stock from 2/28/2025 to 3/9/2026 was primarily driven by a 94.0% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3092026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.34 | 20.40 | 17.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 129 | 144 | 11.9% |
| Net Income Margin (%) | 11.2% | 21.6% | 94.0% |
| P/E Multiple | 27.6 | 14.6 | -47.1% |
| Shares Outstanding (Mil) | 23 | 22 | 2.4% |
| Cumulative Contribution | 17.6% |
Market Drivers
2/28/2025 to 3/9/2026| Return | Correlation | |
|---|---|---|
| CARE | 17.6% | |
| Market (SPY) | 15.2% | 50.4% |
| Sector (XLF) | -2.5% | 62.0% |
Fundamental Drivers
The 17.4% change in CARE stock from 2/28/2023 to 3/9/2026 was primarily driven by a 38.9% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3092026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.37 | 20.40 | 17.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 145 | 144 | -0.7% |
| Net Income Margin (%) | 27.7% | 21.6% | -21.8% |
| P/E Multiple | 10.5 | 14.6 | 38.9% |
| Shares Outstanding (Mil) | 24 | 22 | 8.8% |
| Cumulative Contribution | 17.4% |
Market Drivers
2/28/2023 to 3/9/2026| Return | Correlation | |
|---|---|---|
| CARE | 17.4% | |
| Market (SPY) | 77.5% | 42.6% |
| Sector (XLF) | 47.3% | 58.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CARE Return | 44% | 8% | -10% | 18% | 12% | 5% | 92% |
| Peers Return | 31% | 6% | 2% | 11% | -0% | 6% | 65% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 79% |
Monthly Win Rates [3] | |||||||
| CARE Win Rate | 58% | 50% | 50% | 58% | 58% | 33% | |
| Peers Win Rate | 63% | 45% | 47% | 48% | 55% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| CARE Max Drawdown | -7% | -15% | -36% | -26% | -21% | -1% | |
| Peers Max Drawdown | -2% | -14% | -34% | -15% | -19% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FCBC, TOWN, AUB, UBSI, WSBC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/9/2026 (YTD)
How Low Can It Go
| Event | CARE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -42.9% | -25.4% |
| % Gain to Breakeven | 75.3% | 34.1% |
| Time to Breakeven | 358 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -73.4% | -33.9% |
| % Gain to Breakeven | 275.3% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
Compare to FCBC, TOWN, AUB, UBSI, WSBC
In The Past
Carter Bankshares's stock fell -42.9% during the 2022 Inflation Shock from a high on 12/2/2022. A -42.9% loss requires a 75.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Carter Bankshares (CARE)
Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction and acquisition loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, online account opening, mobile deposit, mobile banking, debit cards, e-statements, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. It operates through 69 branches in Virginia and North Carolina. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.
AI Analysis | Feedback
Analogy 1: A community bank for Virginia and North Carolina, like a much smaller Bank of America.
Analogy 2: A regional bank focused on Virginia and North Carolina, similar to a scaled-down Truist.
AI Analysis | Feedback
- Deposit Accounts: Gathering funds from individuals and businesses through various account types like checking, savings, money market, and certificates of deposit.
- Lending Services: Providing a range of loans including consumer, residential mortgage, commercial real estate, and commercial & industrial loans to individuals and businesses.
- Treasury Management Services: Offering specialized services to businesses for managing their cash flow, payments, and liquidity.
- Digital Banking: Providing online and mobile platforms for customers to manage their accounts and conduct transactions conveniently.
AI Analysis | Feedback
Carter Bankshares (CARE) Major Customers
Carter Bankshares (CARE), like most community banks, serves a diverse customer base and does not have a few identifiable "major customers" in the traditional sense where a single entity accounts for a significant portion of its revenue. Its business model relies on a broad array of individual and business clients. Therefore, its customers can be categorized as follows:- Individual Consumers: This category includes individuals and households who utilize the bank's retail banking services, such as checking accounts, savings accounts, certificates of deposit, mortgages, home equity loans, personal loans, and credit cards.
- Small to Medium-Sized Businesses: The bank provides commercial banking services to local and regional small and medium-sized enterprises. These services include commercial loans, lines of credit, business checking and savings accounts, treasury management, and other business banking solutions.
- Commercial Real Estate Developers and Investors: Carter Bankshares provides financing for commercial real estate, including loans for the acquisition, construction, and development of various commercial properties within its operating footprint.
AI Analysis | Feedback
- Jack Henry & Associates (JKHY)
AI Analysis | Feedback
Litz H. Van Dyke
Chief Executive Officer
Litz H. Van Dyke joined Carter Bank in 2016 and has served as Chief Executive Officer since November 2020. Prior to his role at Carter Bank, Mr. Van Dyke was a Practice Manager for CCG Catalyst Group from 2012 to 2016 and Chief Operating Officer at StellarOne Corporation from 2008 to 2012. He holds a Bachelor of Arts in economics from Hampden-Sydney College and is a graduate of the ABA's Stonier Graduate School of Bank Management.
Wendy S. Bell
Senior Executive Vice President and Chief Financial Officer
Wendy S. Bell joined Carter Bank in 2017 as Senior Executive Vice President and Chief Financial Officer. Before joining Carter Bank, Ms. Bell served as Senior Vice President and Senior Finance Officer at First Commonwealth Financial Corporation from 2010. She earned a Bachelor of Science in Accounting from Liberty University.
Bradford N. Langs
President and Chief Strategy Officer
Bradford N. Langs joined Carter Bank in 2017 and was appointed President and Chief Strategy Officer in 2020. Previously, Mr. Langs served as Chief Risk Officer and Chief Credit Officer at CoastalStates Bank. He holds the Chartered Financial Analyst (CFA) designation.
Matt M. Speare
Senior Executive Vice President, Chief Operations Officer
Matt M. Speare joined Carter Bank in 2017 and has served as Senior Executive Vice President and Chief Operations Officer since 2023. Before joining Carter Bank, Mr. Speare was Executive Vice President and Chief Information Officer at Regions Bank. He also served as a US Army officer and attack helicopter pilot. Mr. Speare earned a Bachelor of Science and a Master of Science in Industrial Technology from East Carolina University.
Tony E. Kallsen
Senior Executive Vice President, Chief Credit Officer
Tony E. Kallsen joined Carter Bank in 2018 and serves as Senior Executive Vice President and Chief Credit Officer. Prior to joining Carter Bank, Mr. Kallsen was Senior Vice President and Senior Credit Officer at First Commonwealth Bank.
AI Analysis | Feedback
The key risks to Carter Bankshares (CARE) primarily revolve around credit quality, particularly concerning a significant concentration of non-performing loans, broader economic and market conditions, and the evolving regulatory landscape.
- Concentration of Non-Accrual Loans: A primary risk for Carter Bankshares is its significant exposure to non-accrual loans, notably those to the Justice family. As of early 2025, the lost interest income from these loans exceeded $65 million, and they constituted 97% of the bank's non-performing loans. This concentration poses a substantial risk to the bank's asset quality and profitability.
- General Economic and Market Conditions: Carter Bankshares is susceptible to turbulence in the global financial and real estate markets, which can directly affect its revenues and the value of its assets and liabilities. This includes risks related to changes in the interest rate environment, which can impact the bank's financial condition, results of operations, and overall outlook for earnings.
- Regulatory and Legislative Changes: The company faces ongoing risks from new legislative and regulatory initiatives introduced by Congress, state legislatures, and regulatory agencies. Such changes could significantly alter banking statutes, increase operational costs, limit permissible activities, or impact the competitive landscape for Carter Bankshares.
AI Analysis | Feedback
The clear emerging threat for Carter Bankshares (CARE), a traditional community bank, is the increasing competition from digital-first banks and specialized financial technology (fintech) companies. These entities leverage superior technology, streamlined digital user experiences, and often lower operational costs to attract customers across key banking functions such as deposits, lending, and payments. Examples include online-only banks offering higher interest rates on savings accounts, fintech lenders providing faster and more convenient loan application processes, and "Buy Now Pay Later" (BNPL) services challenging traditional credit products. This trend erodes the traditional competitive advantages of brick-and-mortar institutions by meeting evolving consumer preferences for digital convenience and efficiency, potentially impacting deposit growth, loan origination, and overall customer relationships for banks like Carter Bankshares.
AI Analysis | Feedback
Carter Bankshares (symbol: CARE) operates as a financial holding company with Carter Bank & Trust as its subsidiary, providing a range of retail and commercial banking products and services primarily in Virginia and North Carolina. The company is characterized by a community banking model. Identifying a single, comprehensive "addressable market" for all of Carter Bankshares' diverse products is challenging due to the segmentation of banking market data. However, market sizes for their main product and service categories within the relevant region (United States) can be approximated. Below are the estimated addressable market sizes for Carter Bankshares' primary products and services within the United States:- Commercial Banking (United States):
- The US commercial banking market is estimated at USD 226.44 billion in 2024, with a projection to reach USD 269.28 billion by 2029, growing at a CAGR exceeding 2%.
- Another estimate places the market size at USD 1.5 trillion in 2024, with an expected increase to USD 1.6 trillion in 2025. This market grew at a 5.8% CAGR between 2019 and 2024.
- A different report indicates the US commercial banking market size is USD 732.5 billion in 2025, forecasted to reach USD 915.45 billion by 2030, reflecting a 4.56% CAGR.
- Community Banking (United States):
- The U.S. community banking market reached a valuation of USD 6.35 billion in 2024 and is projected to grow at a CAGR of 3.8%.
- Another analysis estimated the US community banking market at USD 16.76 billion in 2024, with a projection to grow to USD 30.46 billion by 2035 at a CAGR of 5.58%.
- Further data suggests the community banking market size in 2024 was USD 17.79 billion, expanding to USD 19.39 billion in 2025 with a 9.0% CAGR, and is projected to reach USD 26.98 billion by 2029 at an 8.6% CAGR.
- Home Mortgage Lending (United States):
- The US home mortgage market size was approximately USD 180.91 billion in 2023 and is predicted to grow to about USD 501.67 billion by 2032, with a compound annual growth rate (CAGR) of roughly 12.00% between 2024 and 2032.
- The US home loan market reached USD 2.29 trillion in 2025 and is forecasted to grow to USD 3.02 trillion by 2030, advancing at a 5.63% CAGR.
- The US mortgage lending market has a total value exceeding USD 2.5 trillion annually and is projected to maintain a CAGR exceeding 5% from 2025 to 2033.
- For North America specifically, the mortgage lending market was valued at USD 650.0 billion in 2024, expanding to USD 1,040.0 billion by 2035.
- Retail Banking (United States):
- The United States retail banking market is valued at USD 0.87 trillion in 2025 and is projected to reach USD 1.08 trillion by 2030, growing at a CAGR of 4.22%.
- Deposit Products and Other Loan Types (United States):
- While Carter Bankshares offers various deposit products (checking, savings, money market accounts, CDs), and other loans such as auto loans, home equity loans, and personal lines of credit, a consolidated market size for these specific product categories within the United States was not explicitly identified in the provided search results. Data regarding deposits is often analyzed as "deposit market share" at a regional or institutional level rather than a single total market value.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for Carter Bankshares (CARE)
Over the next two to three years, Carter Bankshares (CARE) is anticipated to drive revenue growth through several key strategies and market dynamics:
- Growth in Portfolio Loans: The company has demonstrated consistent increases in its total portfolio loans, including commercial real estate (CRE), residential mortgage, construction, and consumer loan portfolios. This expansion in lending activities directly contributes to higher interest income. Management expects a healthy loan pipeline and tailwinds from construction lending over the next 12-18 months.
- Net Interest Margin (NIM) Expansion: Carter Bankshares has shown an improving net interest margin, which reflects effective management of funding costs and asset yields. The bank's liability-sensitive balance sheet is also positioned to benefit from potential future reductions in Federal Reserve interest rates.
- Strategic Market Expansion and Deposit Growth: Recent strategic initiatives, such as the acquisition of two North Carolina branches from First Reliance Bank, have expanded the bank's market presence and added significant deposits. Continued deposit growth provides a stable and diversified funding base for loan generation.
- Resolution of Non-Performing Loans (NPLs): While a challenge, the ongoing efforts to resolve large non-performing credit relationships, particularly those associated with the Justice Entities, are a priority. Successful resolution of these loans would reduce negative impacts on interest income and improve overall financial and credit metrics, thereby enhancing revenue generation.
AI Analysis | Feedback
Share Repurchases
- A $20 million common stock repurchase program was authorized on May 20, 2025, valid through May 14, 2026.
- As of June 30, 2025, $9.1 million had been utilized under this program, resulting in the repurchase of 547,332 shares at a weighted average cost of $16.70 per share.
- An earlier share repurchase program, effective May 1, 2023, authorized the company to purchase up to 1 million shares over a twelve-month period.
Share Issuance
No specific dollar amount of share issuances by Carter Bankshares (CARE) over the last 3-5 years (2020-2024) was found in the provided information.
Inbound Investments
No information regarding large inbound investments made in Carter Bankshares by third-parties over the last 3-5 years was found.
Outbound Investments
- Carter Bank, a subsidiary, completed the acquisition of deposits from two First Reliance Bank branches in Mooresville and Winston-Salem, North Carolina, on May 27, 2025.
- This acquisition included $55.9 million in deposits and the Winston-Salem branch facility.
- Carter Bank agreed to pay a 4.6% deposit premium on the average closing balance of certain deposit accounts as part of this transaction.
Capital Expenditures
- Capital expenditures for the last 12 months (prior to November 2025) totaled $8.46 million.
- The company plans to make significant investments in its new brand strategy, leveraging technology and automation to drive efficiency and process improvement.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Carter Bankshares Stock Fell 7.2% in a Month, What Now? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to CARE.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02282026 | NDAQ | Nasdaq | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | JEF | Jefferies Financial | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PAYO | Payoneer Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | FOUR | Shift4 Payments | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02202026 | COIN | Coinbase Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.6% | 2.6% | -6.5% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 34.26 |
| Mkt Cap | 2.9 |
| Rev LTM | 853 |
| Op Inc LTM | - |
| FCF LTM | 228 |
| FCF 3Y Avg | 157 |
| CFO LTM | 262 |
| CFO 3Y Avg | 190 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 20.2% |
| Rev Chg 3Y Avg | 6.7% |
| Rev Chg Q | 23.2% |
| QoQ Delta Rev Chg LTM | 5.1% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 34.1% |
| CFO/Rev 3Y Avg | 34.8% |
| FCF/Rev LTM | 31.9% |
| FCF/Rev 3Y Avg | 31.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.9 |
| P/S | 3.6 |
| P/EBIT | - |
| P/E | 15.1 |
| P/CFO | 11.4 |
| Total Yield | 9.4% |
| Dividend Yield | 3.4% |
| FCF Yield 3Y Avg | 8.5% |
| D/E | 0.2 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -11.4% |
| 3M Rtn | 4.3% |
| 6M Rtn | 4.7% |
| 12M Rtn | 9.5% |
| 3Y Rtn | 27.2% |
| 1M Excs Rtn | -10.0% |
| 3M Excs Rtn | 4.9% |
| 6M Excs Rtn | 0.3% |
| 12M Excs Rtn | -9.5% |
| 3Y Excs Rtn | -54.7% |
Price Behavior
Price Behavior
| Market Price | $20.40 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 03/26/2019 | |
| Distance from 52W High | -7.7% | |
| 50 Days | 200 Days | |
| DMA Price | $20.79 | $18.86 |
| DMA Trend | up | up |
| Distance from DMA | -1.9% | 8.1% |
| 3M | 1YR | |
| Volatility | 24.1% | 27.5% |
| Downside Capture | 9.80 | 60.66 |
| Upside Capture | 52.06 | 71.55 |
| Correlation (SPY) | 29.4% | 50.7% |
CARE Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.56 | 0.66 | 0.61 | 0.68 | 0.72 | 0.90 |
| Up Beta | -0.04 | 1.42 | 1.21 | 1.18 | 0.62 | 0.84 |
| Down Beta | 1.63 | 1.09 | 0.94 | 1.01 | 0.96 | 0.96 |
| Up Capture | 79% | 46% | 68% | 41% | 58% | 60% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 19 | 33 | 62 | 127 | 359 |
| Down Capture | 3% | 0% | -13% | 37% | 69% | 99% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 21 | 25 | 57 | 117 | 377 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CARE | |
|---|---|---|---|---|
| CARE | 23.2% | 27.6% | 0.74 | - |
| Sector ETF (XLF) | 3.0% | 19.3% | 0.03 | 62.3% |
| Equity (SPY) | 19.6% | 19.1% | 0.81 | 50.5% |
| Gold (GLD) | 77.6% | 26.1% | 2.18 | -9.3% |
| Commodities (DBC) | 20.2% | 17.2% | 0.92 | 7.2% |
| Real Estate (VNQ) | 6.1% | 16.4% | 0.19 | 48.1% |
| Bitcoin (BTCUSD) | -24.3% | 45.7% | -0.47 | 25.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CARE | |
|---|---|---|---|---|
| CARE | 10.6% | 31.8% | 0.37 | - |
| Sector ETF (XLF) | 10.5% | 18.7% | 0.44 | 57.8% |
| Equity (SPY) | 13.4% | 17.0% | 0.62 | 42.5% |
| Gold (GLD) | 24.0% | 17.2% | 1.14 | -2.8% |
| Commodities (DBC) | 11.8% | 19.0% | 0.50 | 10.5% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.18 | 41.0% |
| Bitcoin (BTCUSD) | 7.1% | 56.8% | 0.35 | 16.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CARE | |
|---|---|---|---|---|
| CARE | 0.8% | 42.3% | 0.17 | - |
| Sector ETF (XLF) | 13.5% | 22.2% | 0.56 | 66.9% |
| Equity (SPY) | 15.2% | 17.9% | 0.73 | 52.3% |
| Gold (GLD) | 14.9% | 15.6% | 0.79 | -2.8% |
| Commodities (DBC) | 8.9% | 17.6% | 0.42 | 20.1% |
| Real Estate (VNQ) | 6.2% | 20.7% | 0.26 | 53.9% |
| Bitcoin (BTCUSD) | 65.7% | 66.8% | 1.05 | 18.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | 2.8% | 10.9% | 4.6% |
| 10/23/2025 | -6.3% | -8.3% | -9.8% |
| 7/24/2025 | 4.3% | -2.1% | 4.9% |
| 4/24/2025 | 2.3% | -0.2% | 4.1% |
| 1/23/2025 | 1.4% | 2.1% | -1.9% |
| 10/24/2024 | -1.6% | 0.1% | 1.3% |
| 7/25/2024 | 0.1% | -2.9% | -3.8% |
| 4/25/2024 | 1.5% | 10.4% | 12.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 14 | 14 |
| # Negative | 7 | 7 | 7 |
| Median Positive | 1.7% | 3.6% | 8.0% |
| Median Negative | -2.1% | -2.9% | -5.4% |
| Max Positive | 6.0% | 10.9% | 22.8% |
| Max Negative | -6.3% | -10.6% | -14.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/03/2025 | 10-Q |
| 06/30/2025 | 08/04/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 03/08/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 03/11/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bolton, Robert M | Direct | Sell | 11032025 | 17.23 | 1,901 | 32,754 | 186,549 | Form | |
| 2 | Speare, Matthew M | SEVP, CHIEF OPERATING OFFICER | Direct | Sell | 9112025 | 19.83 | 13,550 | 268,752 | 434,545 | Form |
| 3 | Bell, Wendy S | SENIOR EXECUTIVE VP, CFO | Custodian for Julia Bell | Sell | 8262025 | 19.54 | 250 | Form | ||
| 4 | Midkiff, Catharine L | Direct | Sell | 7302025 | 17.76 | 2,000 | 35,520 | 285,119 | Form | |
| 5 | Haskins, James W | Direct | Sell | 7282025 | 17.84 | 2,000 | 35,680 | 1,104,296 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.