Carter Bankshares (CARE) Tax Provisions (2019 - 2026)
Carter Bankshares posted quarterly Tax Provisions of $24.3 million for Q1 2026, up 1004.55% year-on-year from $2.2 million in Q1 2025, and up 833.54% on a QoQ basis from $2.6 million in Q4 2025.
Carter Bankshares (CARE) has 8 years of Tax Provisions data on file, last reported 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.
- Across five years, Tax Provisions topped out at $24.3 million in Q1 2026 and bottomed at -$1000.0 in Q4 2023.
- The 5-year median for Tax Provisions is $1.8 million (2022), against an average of $3.3 million.
- The widest annual swing landed in 2023, when Tax Provisions plunged 100.03%; it then surged 240400.0% in 2024.
- A 5-year view of Tax Provisions shows it stood at $3.5 million in 2022, then slumped by 100.03% to -$1000.0 in 2023, then soared by 240400.0% to $2.4 million in 2024, then climbed by 8.32% to $2.6 million in 2025, then soared 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 | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 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 | - | 1.03 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.25 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 736.40 Mn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 428,992.73 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 415.00 Mn |
| 10 | Carter Bankshares | 599.48 Mn | 599.48 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 |
| Mar 31, 2021 | 926,000.00 |
| Dec 31, 2020 | 138,000.00 |
| Sep 30, 2020 | 875,000.00 |
| Jun 30, 2020 | -488,000.00 |
| Mar 31, 2020 | 247,000.00 |
| Dec 31, 2019 | -175,000.00 |
| Sep 30, 2019 | 458,000.00 |
| Jun 30, 2019 | 504,000.00 |
| Mar 31, 2019 | 422,000.00 |