Carter Bankshares, Inc.

AI-generated fair value estimate for this company.

Method: 10-year two-stage DCF on normalized distributable earnings: $43M normalized annual earnings base (well below TTM reported net income of $126.9M, which appears inflated by a one-time item disproportionate to the bank's $286M revenue base) used directly as distributable cash flow without a separate net-debt deduction, consistent with bank valuation practice; 4% growth years 1-5; 3% years 6-10; 10% discount rate; 2.5% terminal growth; 22.16M shares outstanding.

Reasoning: For a bank holding company, net income after interest expense already reflects the economics of its deposit and loan book, so a DCF on normalized distributable earnings (rather than subtracting reported 'debt', which is mostly deposits/borrowings core to the business) is the standard method; I normalized the unusually large reported TTM net income to a more sustainable level for a bank of this size.