Carter Bankshares (CARE) Deferred Taxes (2020 - 2026)
Carter Bankshares posted quarterly Deferred Taxes of $6.2 million for Q1 2026, up 456.02% year-on-year from $1.1 million in Q1 2025, and up 421.59% on a QoQ basis from $1.2 million in Q4 2025.
Carter Bankshares (CARE) has 7 years of Deferred Taxes data on file, last reported 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.
- Across five years, Deferred Taxes topped out at $6.2 million in Q1 2026 and bottomed at -$1.6 million in Q2 2024.
- The 5-year median for Deferred Taxes is $455000.0 (2023), against an average of $887705.9.
- The widest annual swing landed in 2022, when Deferred Taxes surged 1197.32%; it then plunged 2013.1% in 2024.
- A 5-year view of Deferred Taxes shows it stood at $1.9 million in 2022, then slumped by 94.21% to $112000.0 in 2023, then surged by 1071.43% to $1.3 million in 2024, then fell by 8.92% to $1.2 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | 3,357.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 671,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | -162,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | -102.00 Mn |
| 10 | Carter Bankshares | 599.48 Mn | 599.48 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 |
| Dec 31, 2020 | -359,000.00 |
| Sep 30, 2020 | -109,000.00 |
| Jun 30, 2020 | -536,000.00 |
| Mar 31, 2020 | -623,000.00 |