What is Carter Bankshares, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Carter Bankshares, Inc.'s reported free cash flow gives $27.72 per share. The share price was $29.48 on November 10, 2026, 6% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -2.0% | 10.0% | $18.91 | -36% |
| Base | 3.0% | 9.0% | $27.72 | -6% |
| Bull | 8.0% | 8.0% | $44.17 | +50% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $33.94 | $35.82 | $38.13 | $41.00 | $44.70 |
| 8.0% | $29.31 | $30.53 | $31.98 | $33.71 | $35.82 |
| 9.0% | $25.92 | $26.76 | $27.72 | $28.84 | $30.17 |
| 10.0% | $23.34 | $23.93 | $24.60 | $25.37 | $26.26 |
| 11.0% | $21.30 | $21.73 | $22.22 | $22.77 | $23.39 |
Where the presets come from
Base: years 1 to 5 grow at Carter Bankshares, Inc.'s revenue growth rate over the last 4 fiscal years (3.1% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions