Carter Bankshares (CARE) Tax Provisions: 2019-2022
Historic Tax Provisions for Carter Bankshares (CARE) over the last 4 years, with Dec 2022 value amounting to $3.5 million.
- Carter Bankshares' Tax Provisions rose 154.14% to $3.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $11.6 million, marking a year-over-year increase of 182.35%. This contributed to the annual value of $6.3 million for FY2024, which is 18.91% up from last year.
- Latest data reveals that Carter Bankshares reported Tax Provisions of $3.5 million as of Q4 2022, which was down 30.74% from $5.0 million recorded in Q3 2022.
- Over the past 5 years, Carter Bankshares' Tax Provisions peaked at $5.0 million during Q3 2022, and registered a low of -$488,000 during Q2 2020.
- Moreover, its 3-year median value for Tax Provisions was $928,500 (2021), whereas its average is $1.4 million.
- Its Tax Provisions has fluctuated over the past 5 years, first slumped by 196.83% in 2020, then spiked by 889.13% in 2021.
- Over the past 4 years, Carter Bankshares' Tax Provisions (Quarterly) stood at -$175,000 in 2019, then spiked by 178.86% to $138,000 in 2020, then skyrocketed by 889.13% to $1.4 million in 2021, then soared by 154.14% to $3.5 million in 2022.
- Its Tax Provisions stands at $3.5 million for Q4 2022, versus $5.0 million for Q3 2022 and $1.8 million for Q2 2022.