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

Carter Bankshares (CARE) has 8 years of Tax Rate data on file, last reported 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.
• Across five years, Tax Rate topped out at 25.8% in Q3 2022 and bottomed at 0.05% in Q4 2023.
• The 5-year median for Tax Rate is 19.76% (2025), against an average of 17.76%.
• The widest annual swing landed in 2023, when Tax Rate sank 1813 bps; it then soared 2244 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 18.18% in 2022, then slumped by 100 bps to 0.05% in 2023, then soared by 42391 bps to 22.49% in 2024, then gained by 4 bps to 23.49% in 2025, then retreated 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.

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