Carter Bankshares is a bank holding company. Through its wholly owned subsidiary, Carter Bank & Trust (the Bank), Co. provides a range of financial services with retail, commercial banking products and insurance products. The Bank provides a range of deposit services including LIFETIME FREE CHECKING, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term certificates of deposits. The Bank also provides a range of commercial and personal loans. Other bank services include safe deposit boxes, direct deposit of payroll and social security checks and debit cards. The CARE stock yearly return is shown above.
The yearly return on the CARE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CARE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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