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

Carter Bankshares' Tax Rate history runs 8 years deep, the most recent figure standing at 22.06% for Q1 2026.

• Quarterly Tax Rate rose 246.0% year-over-year to 22.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.12% (up 169.0% YoY) and the FY2025 annual result came in at 21.6%, up 104.0% from the prior year.
• Tax Rate was 22.06% for Q1 2026 at Carter Bankshares, 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.
• A 5-year average of 17.75% and a median of 19.67% in 2024 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 1813 bps — and 2024, when it soared 2244 bps.
• Carter Bankshares' Tax Rate stood at 18.18% in 2022, then sank by 100 bps to 0.05% in 2023, then jumped by 42391 bps to 22.49% in 2024, then advanced by 4 bps to 23.49% in 2025, then dropped by 6 bps to 22.06% in 2026.
• Business Quant data shows CARE's Tax Rate at 22.06% in Q1 2026, 23.49% in Q4 2025, and 24.25% in Q3 2025.