Carter Bankshares (CARE) Deferred Taxes (2020 - 2026)

Carter Bankshares has reported Deferred Taxes for 7 years, with the latest figure at $6.2 million in Q1 2026.

• For the quarter ending Q1 2026, Deferred Taxes rose 456.02% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $7.3 million (up 101.13% YoY), and the FY2025 full-year result was $2.2 million, down 19.26% from the prior year.
• Deferred Taxes for Q1 2026 stood at $6.2 million, up from $1.2 million in the prior quarter.
• The five-year high for Deferred Taxes was $6.2 million in Q1 2026, with the low at -$1.6 million in Q2 2024.
• Historically, Deferred Taxes has averaged $887705.9 across 5 years, with a median of $455000.0 in 2023.
• Annual changes were most pronounced in 2022 — Deferred Taxes surged 1197.32% — and 2024, when it slumped 2013.1%.
• Carter Bankshares' Deferred Taxes stood at $1.9 million in 2022, then tumbled by 94.21% to $112000.0 in 2023, then jumped by 1071.43% to $1.3 million in 2024, then declined by 8.92% to $1.2 million in 2025, then surged by 421.59% to $6.2 million in 2026.
• The last three Deferred Taxes figures came in at $6.2 million (Q1 2026), $1.2 million (Q4 2025), and -$652000.0 (Q3 2025), per Business Quant data.