How many employees does Carter Bankshares, Inc. have?

Carter Bankshares, Inc. reported 687 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 5, 2026. That is up 1.0% from a year earlier.

What is Carter Bankshares, Inc.'s revenue per employee?

Carter Bankshares, Inc. brought in $255M of revenue in fiscal Dec 2025, which is $371K per employee. That ranks 165 of 182 companies we track in Banks - Regional, where the median is $558K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Carter Bankshares, Inc. employees and revenue per employee

CARE · Banks - Regional · $668M market cap

Carter Bankshares, Inc. had 687 employees at the end of fiscal Dec 2025, up 1.0% from a year earlier. Revenue for the year was $255M, up 6.2% from a year earlier, or $371K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

687

+1.0% YoY

Revenue

$255M

+6.2% YoY

Revenue / employee

$371K

Peer median $558K

Rank in industry

165 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2020

Hover a year for the numbers.

CARE employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	687	$255M	$371K	+1.0%	+6.2%
Dec 2024	680	$240M	$352K	+0.1%	+13.1%
Dec 2023	679	$212M	$312K	+1.8%	+18.2%
Dec 2022	667	$179M	$269K	-8.8%	+14.6%
Dec 2021	731	$156M	$214K	-11.7%	-4.5%
Dec 2020	828	$164M	$198K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Carter Bankshares, Inc. against similar companies

The closest industry peers by revenue, from Banks - Regional.

Company	Employees	Revenue	Revenue / employee	Shape
FSBC Five Star Bancorp	233	$255M	$1.10M	Efficient growth
MVBF MVB Financial Corp.	403	$270M	$671K	Leaner
CIVB Civista Bancshares, Inc.	526	$255M	$485K	Leaner
NRIM Northrim BanCorp, Inc.	516	$243M	$470K	Efficient growth
BHB Bar Harbor Bankshares	530	$243M	$459K	Hiring ahead
WABC Westamerica Bancorporation	608	$272M	$447K	Contracting
AROW Arrow Financial Corporation	578	$243M	$420K	Efficient growth
FMNB Farmers National Banc Corp.	706	$272M	$385K	Hiring ahead
CARE Carter Bankshares, Inc.	687	$255M	$371K	Efficient growth

Every Financial Services company

Questions about Carter Bankshares, Inc.

How many employees does Carter Bankshares, Inc. have?: Carter Bankshares, Inc. reported 687 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 5, 2026. That is up 1.0% from a year earlier.
What is Carter Bankshares, Inc.'s revenue per employee?: Carter Bankshares, Inc. brought in $255M of revenue in fiscal Dec 2025, which is $371K per employee. That ranks 165 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Source: employee counts and revenue as stated in Carter Bankshares, Inc.'s annual reports (Form 10-K), latest filed March 5, 2026. This is data, not a recommendation to buy or sell CARE.