Carter Bankshares (CARE) Tax Rate (2019 - 2026)

Carter Bankshares has reported Tax Rate for 8 years, with the latest figure at 22.08% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 233.0% year-over-year to 22.08%; the trailing twelve-month figure through Mar 2026 stood at 22.14% (up 166.0% YoY), and the FY2025 full-year result was 21.6%, up 104.0% from the prior year.
• Tax Rate for Q1 2026 stood at 22.08%, down from 23.49% in the prior quarter.
• The five-year high for Tax Rate was 25.8% in Q3 2022, with the low at 0.05% in Q4 2023.
• Historically, Tax Rate has averaged 17.76% across 5 years, with a median of 19.76% in 2025.
• Annual changes were most pronounced in 2023 — Tax Rate tumbled 1813 bps — and 2024, when it soared 2244 bps.
• Carter Bankshares' Tax Rate stood at 18.18% in 2022, then tumbled by 100 bps to 0.05% in 2023, then surged by 42391 bps to 22.49% in 2024, then rose by 4 bps to 23.49% in 2025, then fell by 6 bps to 22.08% in 2026.
• The last three Tax Rate figures came in at 22.08% (Q1 2026), 23.49% (Q4 2025), and 24.25% (Q3 2025), per Business Quant data.