Carter Bankshares (CARE) Tax Provisions (2019 - 2026)
Carter Bankshares (CARE) posted Tax Provisions of $24.3 million for Q1 2026, up 832.54% on a QoQ basis from $2.6 million in Q4 2025, and up 1011.96% year-over-year from $2.2 million in Q1 2025.
Carter Bankshares (CARE) Tax Provisions (2019 - 2026) Analysis & Trends
Carter Bankshares' Tax Provisions history runs 8 years deep, the most recent figure standing at $24.3 million for Q1 2026.
- Quarterly Tax Provisions rose 1011.96% year-over-year to $24.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.7 million (up 332.45% YoY) and the FY2025 annual result came in at $8.6 million, up 36.13% from the prior year.
- Tax Provisions was $24.3 million for Q1 2026 at Carter Bankshares, 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.
- A 5-year average of $3.3 million and a median of $1.8 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions sank 100.03% — and 2024, when it surged 240400.0%.
- Carter Bankshares' Tax Provisions stood at $3.5 million in 2022, then sank by 100.03% to -$1000.0 in 2023, then jumped by 240400.0% to $2.4 million in 2024, then grew by 8.32% to $2.6 million in 2025, then jumped by 832.54% to $24.3 million in 2026.
- Business Quant data shows CARE's Tax Provisions at $24.3 million in Q1 2026, $2.6 million in Q4 2025, and $1.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 428,992.73 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 391.52 Mn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -78,154.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -633.64 Mn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.03 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -709.14 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 415.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 469.00 Mn |
| 10 | Carter Bankshares | 750.66 Mn | 750.66 Mn | - | 24.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.27 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 1.74 Mn |
| Jun 30, 2025 | 2.12 Mn |
| Mar 31, 2025 | 2.18 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 |