Carter Bankshares, Inc. (CARE) Deferred Taxes (2020 - 2026)
Carter Bankshares (CARE) reported Deferred Taxes of -$958,000 for Q2 2026, compared with $507,000 a year earlier.
Carter Bankshares, Inc. (CARE) Deferred Taxes (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Carter Bankshares' Deferred Taxes came in at $5.82 million, up 1.4% year-over-year; for FY2025, it came in at $2.17 million, down 19.3% from FY2024.
- By year, Deferred Taxes came in at $2.69 million in FY2024 (+630.7%), $368,000 in FY2023 (-89.9%), $3.63 million in FY2022 (+16.6%) and $3.11 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Deferred Taxes since Q2 2024.
- The high point for year-over-year Deferred Taxes in five years was Q1 2025 (growth of 493.1%); the low point was Q2 2022 (a decline of 94.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.23 million (Q1 2026), $1.2 million (Q4 2025) and -$652,000 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -958,000.00 |
| 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 |
Carter Bankshares, Inc. Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "CARE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();