Carter Bank&Trust Registered Shares DL -,01

Carter Bankshares has announced a cash dividend of $0.10 per share, payable May 25, 2026 to shareholders of record on May 11, 2026. The annualized dividend yield is 1.64% based on the closing price on April 21, 2026. CEO Litz H. Van Dyke cites improved financial metrics and strong operating performance for the resumption; the stock is trading near its 52-week high after a one-year return of 59%. The company is valued at a P/E of 17.64 and a market capitalization of $540 million, and reported total assets of $4.8 billion and 63 branches as of March 31, 2026. » Plus sur de.investing.com

Carter Bankshares said its subsidiary Carter Bank & Trust completed the sale of all already charged-off, nonperforming and nonaccrual loans to an independent third party for $289.48 million in cash. Prior to the sale the outstanding principal amount was $209.48 million; the company had established a specific allowance of $18.04 million as of Dec. 31, 2025. On a pro forma basis the loan portfolio would improve significantly: nonperforming loans would fall to about $29.96 million (0.82% of the portfolio) and the loan loss reserve to about $53.46 million (1.46%), with on‑balance-sheet loans of around $3.67 billion. Carter also estimates an increase in tangible book value per common share of roughly $3.49; more detailed effects will be disclosed in the quarterly report for the period ended Mar. 31, 2026. » Plus sur de.investing.com

Carter’s board unanimously adopted a temporary shareholder rights plan after RWWM built a 16.86% stake. The plan grants registered shareholders subscription rights to preferred shares and is triggered if an investor acquires 15% (20% for certain investors); existing holders above the threshold are grandfathered so long as they do not increase their stake. The rights would, among other things, allow a subscription to buy additional shares at a 50% discount and run until September 21, 2026. Additionally, Carter’s reported mixed Q2 results with significantly missed EPS but exceeded revenue; UBS cut its price target and the company announced a quarterly dividend. » Plus sur de.investing.com