CARE FY2025 SEC EDGAR DEF 14A #94 of 136 in industry

Carter Bankshares, Inc. CEO pay ratio

The CEO earned $1.4M in FY2025 against median worker pay of $59,153 · Depository Institutions.

Depository Institutions peers All rankings
State
VA
Filing date
2026-04-15
Industry
Depository Institutions
Industry rank
#94/136

Data updated August 2026

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CEO-to-worker pay ratio
23:1
Below Average (Scale: 0–1000:1)
CEO pay
$1.4M
Median worker
$59,153

Answer first

Carter Bankshares, Inc.'s FY2025 CEO total of $1.4M ranks #1202 of 1,423 complete filings; its 23:1 pay ratio ranks #1194. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $59,153. Industry placement uses the FY2025 SIC-60 peer cohort (# 94 of 136, 32nd percentile - below the industry median pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Depository Institutions companies.

Dollar rank
#1202
$1.4M of 1,423 FY2025
Ratio rank
#1194
23:1 of 1,423
Industry pct
32nd
below the industry median pay ratio

How Carter Bankshares, Inc. ranks nationally

Carter Bankshares, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$1,360,519 16th percentile higher than 16% of 1,423 companies

$0–$2,500,000: 304 companies (21%). This entry sits in this band. $2,500,000–$5,000,000: 182 companies (13%). Above this entry. $5,000,000–$7,500,000: 208 companies (15%). Above this entry. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Carter Bankshares, Inc. vs. Depository Institutions peers

CEO total pay ($1.4M) against pay ratio (23:1) for Carter Bankshares, Inc. (marked) and its 5 closest same-industry peers, against the Depository Institutions industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both1027554.41745566.224635783181589.83899601.621.0:126.6:132.3:137.9:143.5:1CEO total payPay ratio (CEO : median worker)Carter Bankshares, Inc., CEO total pay: 1360519 · Pay ratio (CEO : median worker): 23:1Carter Bankshares, Inc.Merchants Bancorp, CEO total pay: 2508863 · Pay ratio (CEO : median worker): 23:1Merchants BancorpRed River Bancshares Inc, CEO total pay: 1158102 · Pay ratio (CEO : median worker): 22:1Red River Bancshares IncRBB Bancorp, CEO total pay: 1488190 · Pay ratio (CEO : median worker): 22:1RBB BancorpFS Bancorp, Inc., CEO total pay: 1442575 · Pay ratio (CEO : median worker): 24:1FS Bancorp, Inc.Esquire Financial Holdings, Inc., CEO total pay: 3769054 · Pay ratio (CEO : median worker): 22:1Esquire Financial Holdings, Inc.
Carter Bankshares, Inc. vs. Depository Institutions peers, plotted against the industry's $3.0M median CEO total and 43:1 median pay ratio.

Ratio bands among Depository Institutions peers

Exclusive CEO-to-median-worker bands across 124 complete latest-FY filings in SIC 60. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Carter Bankshares, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Carter Bankshares, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2022–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
23:1
FY2025
vs prior FY
+1:1
from FY2024 22:1
CEO $ YoY
+3.4%
$1.4M latest
Filings shown
4
FY2022–2025
Carter Bankshares, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2022 $1.3M - $48,399 26:1 -
2023 $774K -38% $55,282 14:1 -12:1
2024 $1.3M +70% $59,782 22:1 +8:1
2025 $1.4M +3.4% $59,153 23:1 +1:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1829576, FY2022–2025. Adjacent-year deltas only.

Industry Comparison - Depository Institutions

This Company's Ratio
23:1
Industry Median Ratio
43:1
Industry Median CEO Pay
$3.0M
This CEO's Pay
$1.4M
Companies in Industry
136
vs. Industry Median
Below
#94 of 136 by pay ratio in this industry View all companies in Depository Institutions →

Carter Bankshares, Inc.: near-parity Item 402(u) ratio

Carter Bankshares, Inc.'s FY2025 ratio 23:1 ranks #94 of 136 Depository Institutions filers (32nd percentile). the CEO earned 23× the median employee ($59,153) in FY2025.

At $59,153 median worker pay, the FLOOR stamp is near pay-parity territory under LIGHT CEO total.

CEO Total Pay

$1.4M

FY2025 Summary Compensation, below median

Pay Ratio

23:1

Below typical

Carter Bankshares, Inc. in the lower Depository Institutions third

Carter Bankshares, Inc.'s FY2025 ratio 23:1 ranks #94 of 136 Depository Institutions filers (32nd percentile). The structured pay-ratio disclosure reports the total without line-item components. Depository Institutions (SIC 60) median ratio is 43:1 across 136 FY2025 filers; Carter Bankshares, Inc.'s $1.4M CEO total is at or below the $3.0M industry median CEO pay.

Dollar rank #1202 and ratio rank #1194 split - treat 23:1 as a disclosure, not a fairness score. Open Depository Institutions peers.

Key Data, FY2025

Total Compensation
$1.4M
Median Employee Pay
$59,153
Pay Ratio
23:1
Filing Date
2026-04-15

Company Info

Ticker
CARE
CIK
1829576
Industry
Depository Institutions
SIC Code
6021
State
VA
View SEC filings →
SEC EDGAR DEF 14A for CIK 1829576, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Carter Bankshares, Inc.'s FY2025 ratio 23:1 ranks #94 of 136 Depository Institutions filers (32nd percentile).

Read with Carter Bankshares, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps FLOOR · LIGHT · PAR-MED.

Hudson Technologies Inc /ny · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $4K heavier vs Carter Bankshares, Inc.); MODEST · PAR-MED vs this page's FLOOR · LIGHT · PAR-MED.
Genie Energy Ltd. · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $11K heavier vs Carter Bankshares, Inc.); MODEST · PAR-MED vs this page's FLOOR · LIGHT · PAR-MED.
Heritage Financial Corp /wa/ · LIGHT

ABS(ceo_total_comp) peer at $1.3M (Δ $15K lighter vs Carter Bankshares, Inc.); FLOOR · ELITE-MED vs this page's FLOOR · LIGHT · PAR-MED.
Super Micro Computer, Inc. · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $29K heavier vs Carter Bankshares, Inc.); FLOOR · HIGH-MED vs this page's FLOOR · LIGHT · PAR-MED.
Merchants Bancorp (SIC 60 pole)

Merchants Bancorp stamps FLOOR · MID$ nearest in-SIC by ABS(pay_ratio) to Carter Bankshares, Inc.'s FLOOR filing.
National dual ranks · #1202/#1194

Carter Bankshares, Inc.'s FY2025 package sits #1202 by CEO dollars and #1194 by ratio under LIGHT · FLOOR.
Ratio primer · FLOOR

Carter Bankshares, Inc.'s FLOOR stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Carter Bankshares, Inc. (CIK 1829576), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.