Matthew Speare - Carter Bank Ex Officer

CARE Stock  USD 16.16  0.37  2.24%   

Executive

Mr. Matthew M. Speare is appointed as Chief Information Officer of the company since July 3, 2017. Mr. Speare comes to the Bank from Regions Bank in Birmingham, Alabama where he served as the Executive Vice President and Chief Information Officer since 2013. There, he was responsible for all banking applications delivery and support, vendor relationships, IT architecture, IT operations, telecommunications and networking, platform design and support, and strategic planning for IT. As Chief Information Officer of the Bank, he will be responsible for providing executive oversight for the Bank technology infrastructure and to assure that the technology platform effectively support the Bank strategic objectives. In addition, Matt will assure that the Bank Information Risk Management practices are consistent with industry best practice. Prior to his career in IT, Mr. Speare served as an officer in the United States Army for 11 years as an attack helicopter pilot and network administrator since 2017.
Age 57
Tenure 8 years
Address 1300 Kings Mountain Road, Martinsville, VA, United States, 24112
Phone276 656 1776
Webhttps://www.carterbank.com
Speare graduated with a B.S. and M.S. in Industrial Technology from East Carolina University.

Matthew Speare Latest Insider Activity

Tracking and analyzing the buying and selling activities of Matthew Speare against Carter Bank stock is an integral part of due diligence when investing in Carter Bank. Matthew Speare insider activity provides valuable insight into whether Carter Bank is net buyers or sellers over its current business cycle. Note, Carter Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Carter Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Carter Bank Management Efficiency

At present, Carter Bank's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Equity is forecasted to decline to 0.06. At present, Carter Bank's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 4.3 B, whereas Non Current Assets Total are forecasted to decline to about 70.6 M. Carter Bank's management efficiency ratios could be used to measure how well Carter Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Carter Bank and currently holds 70 M in liabilities. Note, when we think about Carter Bank's use of debt, we should always consider it together with its cash and equity.

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Carter Bankshares, Inc. operates as the bank holding company for Carter Bank Trust that provides various banking products and services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia. Carter Bankshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 731 people. Carter Bank and (CARE) is traded on NASDAQ Exchange in USA and employs 680 people. Carter Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Carter Bank Leadership Team

Elected by the shareholders, the Carter Bank's board of directors comprises two types of representatives: Carter Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carter. The board's role is to monitor Carter Bank's management team and ensure that shareholders' interests are well served. Carter Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Carter Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tony Kallsen, Ex Officer
Loran Adams, Executive Vice President
Tami Buttrey, Executive Vice President and Chief Retail Banking Officer
John II, Ex Officer
Jane Davis, CFO, Senior Vice President
Phyllis Karavatakis, Chief Lending Officer and Executive VP
Misty Powell, Assistant President
Matthew Speare, Ex Officer
Bill Hubble, Vice Office
Wendy Bell, Senior Officer
Litz Dyke, CEO Director
Joyce Parker, Secretary

Carter Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Carter Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Carter Bank is a strong investment it is important to analyze Carter Bank's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carter Bank's future performance. For an informed investment choice regarding Carter Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carter Bank and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carter Bank. If investors know Carter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carter Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.532
Earnings Share
1.06
Revenue Per Share
6.174
Quarterly Revenue Growth
0.455
Return On Assets
0.0054
The market value of Carter Bank is measured differently than its book value, which is the value of Carter that is recorded on the company's balance sheet. Investors also form their own opinion of Carter Bank's value that differs from its market value or its book value, called intrinsic value, which is Carter Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carter Bank's market value can be influenced by many factors that don't directly affect Carter Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carter Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carter Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carter Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.