5 Oversold Bank Stocks To Buy

4. Carter Bankshares, Inc. (NASDAQ:CARE)

Latest RSI Reading: 41.51

Carter Bankshares, Inc. (NASDAQ:CARE) is a Martinsville, Virginia based regional bank holding company. Its second quarter 2023 earnings per share was a wide miss over analyst estimates, which was surprising since Carter Bankshares, Inc. (NASDAQ:CARE) had consistently topped them during the previous three quarters.

After sifting through 943 hedge fund portfolios for 2023’s March quarter, Insider Monkey found out that nine had owned a stake in Carter Bankshares, Inc. (NASDAQ:CARE).

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