Carter Bankshares, Inc. (CARE) Tax Provisions (2019 - 2026)
Carter Bankshares (CARE) reported Tax Provisions of $8.33 million for Q2 2026, up 293.2% from $2.12 million a year earlier but down 65.7% from the prior quarter.
Carter Bankshares, Inc. (CARE) Tax Provisions (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Carter Bankshares' Tax Provisions came in at $36.97 million, up 355.2% 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%).
- Five-year quarterly Tax Provisions spans a low of -$1,000 in Q4 2023 and a high of $24.3 million in Q1 2026.
- 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 Q2 2026 came in at $24.3 million (Q1 2026), $2.6 million (Q4 2025) and $1.74 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 931,000.00 |
Carter Bankshares, Inc. 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();