Carter Bankshares (CARE) vs Independent Bank (IBCP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Carter Bankshares (CARE) has outperformed Independent Bank (IBCP) over the past year, gaining 56.9% versus a gain of 14.8%. Over five years, CARE leads with a +108.0% price change compared with +63.0% for IBCP. Independent Bank is the larger company by market cap ($736.7 million vs $705.8 million), about 1.0 times the size.
On valuation, Independent Bank trades at a lower forward P/E (9.2x vs 11.7x for Carter Bankshares). Independent Bank offers the higher dividend yield (3.02% vs 0.33%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CARE | IBCP |
|---|---|---|
| Share price | $30.47 | $35.76 |
| Market cap | $705.80M | $736.75M |
| 1-day change | +0.93% | +0.59% |
| YTD return | +54.98% | +9.93% |
| 1-year return | +56.90% | +14.80% |
| 5-year return | +107.99% | +62.99% |
| P/E ratio (TTM) | 5.25 | 10.37 |
| Forward P/E | 11.72 | 9.22 |
| EPS (TTM) | $5.80 | $3.45 |
| Dividend yield | 0.33% | 3.02% |
| Annual dividend | $0.10 | $1.08 |
| 52-week high | $36.06 | $39.24 |
| 52-week low | $16.78 | $29.83 |
| Distance from 52-week high | -15.50% | -8.87% |
| Analyst consensus | none | buy |
| Avg. price target upside | +15.13% | +12.42% |
| Average volume | 321.95K | 195.82K |
| Shares outstanding | 23.16M | 20.60M |
| Employees | 687 | 735 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Regional | Banks - Regional |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CARE has outperformed IBCP by 42.1 percentage points over the past year.
- Independent Bank trades at a higher earnings multiple (10.4x vs 5.3x trailing P/E).
- Independent Bank offers a meaningfully higher dividend yield (3.02% vs 0.33%).
About Carter Bankshares
CARE stock →Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.
Financial Services · Banks - Regional · 687 employees
About Independent Bank
IBCP stock →Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.
Financial Services · Banks - Regional · 735 employees
CARE vs IBCP FAQ
Which is bigger, Carter Bankshares or Independent Bank?
Independent Bank (IBCP) is larger, with a market capitalization of $736.75M compared with $705.80M for Carter Bankshares (CARE).
Which stock has performed better over the past year, CARE or IBCP?
CARE returned +56.90% over the past 12 months, compared with +14.80% for IBCP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CARE or IBCP?
CARE has the lower trailing P/E at 5.3, versus 10.4 for IBCP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carter Bankshares or Independent Bank?
Independent Bank has the higher yield at 3.02%, compared with 0.33% for Carter Bankshares.
Are Carter Bankshares and Independent Bank in the same industry?
Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.