Carter Bankshares (CARE) Tax Provisions (2018 - 2026)
Carter Bankshares (CARE) reported Tax Provisions of -$1.38 million for Q3 2026, compared with $1.74 million a year earlier.
Carter Bankshares (CARE) Tax Provisions (2018 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Carter Bankshares' Tax Provisions came in at $33.85 million, up 300.3% year-over-year; for FY2025, it came in at $8.64 million, up 36.1% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 62.1% (FY2020 to FY2025).
- By year, Tax Provisions came in at $6.35 million in FY2024 (+18.9%), $5.34 million in FY2023 (-54.0%), $11.6 million in FY2022 (+182.4%) and $4.11 million in FY2021 (+432.1%).
- The Q3 2026 figure ranks as the lowest quarterly Tax Provisions in data going back to Q1 2019.
- The high point for year-over-year Tax Provisions in five years was Q4 2021 (growth of 889.1%); the low point was Q2 2023 (a decline of 97.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $8.33 million (Q2 2026), $24.3 million (Q1 2026) and $2.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 4.83 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 2.03 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | -2.06 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 1.51 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 1.24 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 1.71 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 1.16 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 1.70 Bn |
| 10 | Carter Bankshares | 651.25 Mn | 113.14 Mn | - | -1.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.40 Mn |
| Jun 30, 2026 | 8.33 Mn |
| 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 |
Carter Bankshares Tax Provisions 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=tax-provisions&ticker=CARE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=CARE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();