Carter Bankshares (CARE) Deferred Taxes (2020 - 2026)
Carter Bankshares (CARE) posted Deferred Taxes of $6.2 million for Q1 2026, up 421.59% on a QoQ basis from $1.2 million in Q4 2025, and up 456.02% year-over-year from $1.1 million in Q1 2025.
Carter Bankshares (CARE) Deferred Taxes (2020 - 2026) Analysis & Trends
Carter Bankshares' Deferred Taxes history runs 7 years deep, the most recent figure standing at $6.2 million for Q1 2026.
- Quarterly Deferred Taxes rose 456.02% year-over-year to $6.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.3 million (up 101.13% YoY) and the FY2025 annual result came in at $2.2 million, down 19.26% from the prior year.
- Deferred Taxes was $6.2 million for Q1 2026 at Carter Bankshares, up from $1.2 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $6.2 million in Q1 2026 and bottomed at -$1.6 million in Q2 2024.
- A 5-year average of $887705.9 and a median of $455000.0 in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 1197.32% — and 2024, when it sank 2013.1%.
- Carter Bankshares' Deferred Taxes stood at $1.9 million in 2022, then sank by 94.21% to $112000.0 in 2023, then soared by 1071.43% to $1.3 million in 2024, then retreated by 8.92% to $1.2 million in 2025, then jumped by 421.59% to $6.2 million in 2026.
- Business Quant data shows CARE's Deferred Taxes at $6.2 million in Q1 2026, $1.2 million in Q4 2025, and -$652000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -424,226.09 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 17.42 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 346,782.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 671,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | -162,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | -102.00 Mn |
| 10 | Carter Bankshares | 740.61 Mn | 740.61 Mn | - | 6.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.23 Mn |
| Dec 31, 2025 | 1.20 Mn |
| Sep 30, 2025 | -652,000.00 |
| Jun 30, 2025 | 507,000.00 |
| Mar 31, 2025 | 1.12 Mn |
| Dec 31, 2024 | 1.31 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | -1.61 Mn |
| Mar 31, 2024 | 189,000.00 |
| Dec 31, 2023 | 112,000.00 |
| Sep 30, 2023 | -283,000.00 |
| Jun 30, 2023 | 84,000.00 |
| Mar 31, 2023 | 455,000.00 |
| Dec 31, 2022 | 1.93 Mn |
| Sep 30, 2022 | 440,000.00 |
| Jun 30, 2022 | 103,000.00 |
| Mar 31, 2022 | 1.15 Mn |
| Dec 31, 2021 | 149,000.00 |
| Sep 30, 2021 | 966,000.00 |
| Jun 30, 2021 | 2.00 Mn |