Carter Bankshares (CARE) Tax Provisions (2019 - 2026)
Carter Bankshares (CARE) reported Tax Provisions of $24.3 million for Q1 2026, up 1004.55% on a YoY basis from $2.2 million in Q1 2025, and up 833.54% quarter-over-quarter from $2.6 million in Q4 2025.
Carter Bankshares (CARE) Tax Provisions (2019 - 2026) Analysis & Trends
Carter Bankshares has reported Tax Provisions for 8 years, with the latest figure at $24.3 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 1004.55% year-over-year to $24.3 million; the trailing twelve-month figure through Mar 2026 stood at $30.8 million (up 331.78% YoY), and the FY2025 full-year result was $8.6 million, up 36.13% from the prior year.
- Tax Provisions for Q1 2026 stood at $24.3 million, up from $2.6 million in the prior quarter.
- The five-year high for Tax Provisions was $24.3 million in Q1 2026, with the low at -$1000.0 in Q4 2023.
- Historically, Tax Provisions has averaged $3.3 million across 5 years, with a median of $1.8 million in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 100.03% — and 2024, when it surged 240400.0%.
- Carter Bankshares' Tax Provisions stood at $3.5 million in 2022, then tumbled by 100.03% to -$1000.0 in 2023, then surged by 240400.0% to $2.4 million in 2024, then advanced by 8.32% to $2.6 million in 2025, then surged by 833.54% to $24.3 million in 2026.
- The last three Tax Provisions figures came in at $24.3 million (Q1 2026), $2.6 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Carter Bankshares | 651.48 Mn | 651.48 Mn | - | 24.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.30 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 1.74 Mn |
| Jun 30, 2025 | 2.12 Mn |
| Mar 31, 2025 | 2.20 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 1.40 Mn |
| Jun 30, 2024 | 1.12 Mn |
| Mar 31, 2024 | 1.42 Mn |
| Dec 31, 2023 | -1,000.00 |
| Sep 30, 2023 | 780,000.00 |
| Jun 30, 2023 | 54,000.00 |
| Mar 31, 2023 | 4.50 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 5.01 Mn |
| Jun 30, 2022 | 1.79 Mn |
| Mar 31, 2022 | 1.33 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Sep 30, 2021 | 931,000.00 |
| Jun 30, 2021 | 886,000.00 |