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Carter Bankshares (CARE) Tax Rate (2019 - 2022)

Historic Tax Rate for Carter Bankshares (CARE) over the last 4 years, with Q4 2022 value amounting to 18.18%.

  • Carter Bankshares' Tax Rate fell 13900.0% to 18.18% in Q4 2022 from the same period last year, while for Dec 2022 it was 18.79%, marking a year-over-year increase of 72900.0%. This contributed to the annual value of 20.56% for FY2024, which is 19800.0% up from last year.
  • Per Carter Bankshares' latest filing, its Tax Rate stood at 18.18% for Q4 2022, which was down 13900.0% from 25.8% recorded in Q3 2022.
  • Over the past 5 years, Carter Bankshares' Tax Rate peaked at 25.8% during Q3 2022, and registered a low of 12.3% during Q2 2020.
  • In the last 4 years, Carter Bankshares' Tax Rate had a median value of 6.87% in 2019 and averaged 8.05%.
  • In the last 5 years, Carter Bankshares' Tax Rate crashed by -183500bps in 2020 and then surged by 263200bps in 2021.
  • Quarter analysis of 4 years shows Carter Bankshares' Tax Rate stood at 5.1% in 2019, then skyrocketed by 188bps to 4.48% in 2020, then skyrocketed by 337bps to 19.57% in 2021, then fell by -7bps to 18.18% in 2022.
  • Its last three reported values are 18.18% in Q4 2022, 25.8% for Q3 2022, and 14.26% during Q2 2022.