Carter Bankshares (CARE) Tax Provisions: 2019-2024
Historic Tax Provisions for Carter Bankshares (CARE) over the last 6 years, with Dec 2024 value amounting to $6.3 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 $6.3 million as of FY2024, which was up 18.91% from $5.3 million recorded in FY2023.
- Carter Bankshares' Tax Provisions' 5-year high stood at $11.6 million during FY2022, with a 5-year trough of $772,000 in FY2020.
- For the 3-year period, Carter Bankshares' Tax Provisions averaged around $7.8 million, with its median value being $6.3 million (2024).
- As far as peak fluctuations go, Carter Bankshares' Tax Provisions spiked by 432.12% in 2021, and later slumped by 53.99% in 2023.
- Carter Bankshares' Tax Provisions (Yearly) stood at $772,000 in 2020, then spiked by 432.12% to $4.1 million in 2021, then soared by 182.35% to $11.6 million in 2022, then plummeted by 53.99% to $5.3 million in 2023, then increased by 18.91% to $6.3 million in 2024.